There may be a lot of hype accompanying wearable devices but industry observers say these gadgets are not likely to be a big hit with consumers any time soon, Reuters reported.
Research
Mega buyout funds rake in the most money--Preqin
Of all the capital raised for private equity buyout funds last year, half of it went to the biggest funds, according to data published on Friday by London-based research firm Preqin.
Software - the new battleground for carmakers
The new Mercedes-Benz C-Class has cameras that can read road signs and sensors to judge distance to the car in front, but is not yet able to make full use of the hardware.
Part 4: The Quest for Growth—the Startup of Start-up Communities
Brazil and China like Russia are large population countries with a growing middle class that is ripe for more consumer-facing clones, clonentrepreneurs and Clonentrepreneurship.
Holiday discounts hurt US retailers, boost industry sales overall
Many large US retailers on Thursday dialed back their earnings forecasts because of steep discounts they offered during the holidays. Discounts boosted overall industry sales but hurt profits at many retail chains.
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The reopening of the IPO market in China did not inspire private equity managers in Asia who do not believe that the development would help companies make profitable exits.
2010 was a 'tipping point' for the start-up of Russia through two liquidity events and underlying forces in the country. First was the acquisition of the Russian Groupon clone called Darberry by Groupon.
What are the elements of a start-up community? What can you do to startup a start-up community in your city, or help it do more-faster?
Instead of taking things easy on retirement, an increasing number of older Americans have become entrepreneurs and have taken the risk of forming their own companies, Bloomberg reported.
Borrowing costs for the Eurozone countries that experienced the brunt of the crisis dropped after a high demand from investors for 10-year bonds offered by the Irish government, the Financial Times reported.
Gartner, a research group, predicted that over 1 billion smartphones and tablet computers installed with the Android operating system of Google will reach customers in 2014.
Hedge funds have increased their bullish gold bets amid predictions given by analysts that the price of the bullion will continue to go down this year, Bloomberg reported.
With no new gadgets seen to fuel growth, the global technology market is poised for a slight drop in 2014, according to estimates from the Consumer Electronics Association, the Financial Times reported.
The flow of money across the worldwide financial system is still the same as that a decade ago, raising questions about the pace of economic recovery years after the financial crisis, the Financial Times reported.
