Dee See Jhay

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Here Are The Venture-Backed Tech Firms Likely To Exit This Year

By Troy Hooper and Chris Metinko<p>After a dearth of initial public offerings in the technology sector last year, 2016 is shaping up to be a busy year for listings. The end-of-year after-market performances of <b>Atlassian</b>, <b>Match</b> and <b>Square</b> have created tailwinds for the sector, and investment bankers are …

Venture Capital

Wirecard to process Alipay payments for Chinese tourists in Europe

FRANKFURT (Reuters) - Alipay, a unit of Chinese e-commerce giant Alibaba and German banking software company Wirecard AG, said on Friday the companies have agreed to a deal to provide mobile phone payment services for Chinese tourists visiting Europe.<p>A sales assistant sits behind and under Alipay …

Payment Systems

WebTorrent Brings BitTorrent to the Web, Impresses Netflix

When BitTorrent was first launched in 2002 it was a breakthrough technology.<p>At the time it was virtually impossible to share large files with …

The consumer sector in 2030: Trends and questions to consider

In light of dramatic changes in the consumer landscape, how can retail and packaged-goods executives prepare for the future?<p><b>What can happen in 15</b> …

Innovation

What It’s Like to Be Owned by Berkshire Hathaway

<i>DAVE WHEELER FOR HBR</i><p>Warren Buffett is rightfully admired for his investment record as chairman and CEO of Berkshire Hathaway, which has outperformed the S&P 500 Index by more than 10% annually during his 50-year tenure.<p>Much less attention is paid, however, to the manner in which Buffett manages the …

Investing

China Begins Using Arctic Shipping Route That Could 'Change The Face Of World Trade'

The emerging Arctic Ocean shipping route north of Russia has been opened up by global warming and cuts thousands of kilometres (miles) -- and many days -- off the journey from China to its key European market.<p>A vessel owned by Chinese state shipping giant COSCO left the northeastern port of Dalian …

China

Facebook to Test Its Own PayPal Competitor in Bid to Simplify Mobile Purchases

Facebook plans to test a new payments product that would allow online shoppers to make purchases on mobile apps using their Facebook login …

Ten weird and wonderful transport concepts of tomorrow

US entrepreneur Elon Musk unveiled his vision for the Hyperloop, transporting people in a tube between cities at supersonic speed. Here we look at some of the other transport concepts pushing the boundaries of what's currently possible.<p>Elon Musk is a man who thinks big. He has already pioneered …

Elon Musk

Elon Musk is more important to society than Steve Jobs ever was

Tesla Motors CEO Elon Musk promises huge new leap in electric car technology<p>Don't miss stories. Follow Raw Story!

Hyperloop

Register for the 2018 Hyperloop Pod Competition by September 29<p>SpaceX is revolutionizing terrestrial transportation through its Hyperloop services. …

World changing technology may enable crops to take nitrogen from the air

The vast majority of plants have to obtain nitrogen from the soil, and for most crops currently being grown across the world, this also means a …

MasterCard's online wallet MasterPass touches down in the UK

MasterCard’s virtual online wallet payment system MasterPass is now rolling out at supporting retailers in the UK as the service makes its way into Europe.<p>The company confirmed that the service, which has already been enabled for retailers in the US, Australia and Canada, is rolling out in the UK …

How to frame your food decisions

According to research published this spring, people make healthier menu choices when calories are listed beside each item – but they make even better …

VCs on the future of VC

Last month, at Pandomonthly in New York, Fred Wilson offered a surprising answer to our standard penultimate question, "What is one thing you believe …

Braintree-owned Venmo Touch invites banks and card issuers to its mobile wallet party

Since acquiring Venmo last Summer, Braintree has been relentless in its mission to fix the mobile payment experience for all parties involved. The …

The 12 cognitive biases that prevent you from being rational

10 mindblowingly futuristic technologies that will appear by the 2030s

Two decades is not a lot in the grand scheme of things, but owing to accelerating change we can expect to see the emergence of some fairly disruptive …

Singularity

Is Deep Sea Mining A Good Idea?

Deep sea mining is coming, even as the debate over its economic, political, and environmental consequences rages on. 911metallurgist (a mining …

Urban gondolas, like this one in Singapore, could present an important solution in fixing transportation issues in big cities: http://on.mash.to/13qEzvQ

5 Futuristic Inventions We Wish Existed

Who would have thought <i>Total Recall</i>'s prediction of driverless cars or <i>The Truman Show</i>'s forecasting of the rise of reality TV would actually come to …

Jefferies readies loans for Icahn's Dell bid: sources | Reuters

(Reuters) - Jefferies & Co will provide $5.2 billion in term loans to back Carl Icahn’s bid for computer manufacturer Dell Inc, sources told Thomson Reuters LPC.<p>Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference at the New York Stock Exchange in this June 27, 2007 …

Stripe’s Payments Payout Technology For Collaborative Consumption Startups Now Processing Up To $500K Per Day

A few weeks ago, payments startup Stripe made it significantly easier for collaborative consumption startups to take and process payments. The company’s new technology allowed for payments to be distributed to multiple bank accounts, which is an issue for startups like Lyft, which are attempting to …

How mobile phones are making cash obsolete in Africa

When he rolls into a gas station to fill his tank, Barkhad Dahir doesn't get out of his car. He punches a few buttons on his cellphone and within seconds he has paid for the fuel.<p>With the same quick keystrokes on his phone, he pays for virtually everything he needs: groceries at the supermarket, a …

Africa

Punchey puts up its dukes to challenge Square in the mobile payments ring

Advertisement<p>2 Comments<p>The smartphone mobile payments space is already pretty crowded with Square slugging it out in the U.S. against established …

iZettle breaks out of Europe, bringing its mobile payments service to Mexico

Advertisement<p>1 Comment<p>Credit: iZettle<p>iZettle wasn’t kidding when it called Banco Santander’s recent €5 million (U.S. $6.6 million) investment …

Will Bonner And Charlie Munger on Getting The Best Odds

…you don't win by predicting the future; you win by getting the odds right. You can be right about the future and still not make any money. At the …