Microsoft is not going to permit itself to be counted out of the cloud game and has taken on Amazon by reducing the prices of its cloud storage services, VentureBeat reported.
Industry
San Francisco-based FundersClub launches "Hacker News for private investors"
FundersClub, the online network that links accredited investors with promising startups globally, has launched a community news site for private investors called "Venture News," VentureBeat reported.
Hedge funds bet most on gas, expects to be more bullish due to cold weather
The forecasts of the ongoing cold weather in several US key cities has made investors increase their bets on US natural gas futures.
Sri Lanka's private equity industry interested in fast-growing small and mid-sized firms- report
According to a private equity official, the private equity industry in Sri Lanka is interested in backing small and mid-sized firms that have a winning business model and a plan for growth, the Lanka Business Online reported.
Despite drawbacks, Bitcoin and other crypto-currencies slowly but surely making their way to brick-and-mortar stores- report
Despite the limitations experienced by the Bitcoin and other crypto-currencies, HP security and payments expert Slava Gomzin sees the digital currencies making its way to more brick-and-mortar stores.
Latest News
This week, emerging market economies were battered. A report written on Bloomberg View by its editors gives the reasons why this has happened and what can be done about it.
In a bid to match Silicon Valley's success, the European Commission (EC) launched the Startup Europe Partnership tech startup accelerator and the European Digital Forum think tank at the World Economic Forum in Davos.
Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
US Treasury Secretary Jack Lew and JPMorgan Chairman & Chief Executive Officer Jamie Dimon cautioned on the dangers of using the Bitcoin and predicted that regulation would most likely end it, the Financial Times reported.
The Argentine Republic’s government is imposing a restriction on online purchases, in a bid to reduce the amount of dollars leaving the country and help lift its economy.
Eric Schmidt, the Executive Chairman of search giant Google, has warned that technological advances could eliminate a wide variety of jobs, the Financial Times reported.
According to Preqin, the number of new private equity companies introduced globally last year was at its lowest level in over a decade and a half, The Wall Street Journal blog Private Equity Beat reported.
Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
Mercom Capital Group data revealed that venture capital funding for firms in the wind energy industry increased 44.4% to 455 million around the world last year, the Business Started reported.
