tony walsh

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Chinese mobile phone company Xiaomi has a bigger valuation than BlackBerry

Chinese mobile phone company Xiaomi Corp is getting a valuation of at least $9 billion in the private market, Quartz has learned from investors and potential investors who have assessed the company. That figure—more than double the $4 billion valuation it had a year ago in a fundraising round—makes …

Mobile

Entrepreneurs need not apply: Companies shun the self employed

In this economy, some unlucky workers are getting snubbed—twice.<p>Recession prompted millions of laid off workers and new graduates to jump into self-employment—some with enthusiasm and others with reluctance because they couldn’t find anything better. Now, according to new research, it seems they …

Employment

Meet the likely new boss of China’s $500 billion sovereign wealth fund

After three months of searching, China may have finally suckered someone into running its $500 billion sovereign wealth fund. As we’ve reported before, the position isn’t a coveted one thanks to some potentially disastrous investments. According to reports, officials are expected to name Ding …

Venture Capital

Goldman Sachs invests $100M in 13-year-old big data firm

Last year, we highlighted a 13-year-old company called Applied Predictive Technologies that boasts a who’s who list of large retailers using its …

Sony admits it has been selling to Iran

Sony may have breached US sanctions after it admitted that some of its third-party Dubai dealers had sold $12.8 million worth of products to Iran.<p>In a <b>filing to the US regulator</b>, it disclosed that it had sold broadcast equipment, security cameras, video-conferencing gear and medical instruments to …

Why Chinese telecom giant Huawei could buy BlackBerry

Better learn how to pronounce that (nearly) unpronounceable Chinese telecommunications company’s name, and quickly. (It’s HWA- WAY.) Huawei has hinted in recent weeks that it might be interested in making a bid for BlackBerry, the smartphone developer-manufacturer. For Huawei, that would mark a …

Mobile Technology

Cambodia's vast lost city: world's greatest pre-industrial site unearthed

It's 7am at Angkor Wat and there's not a tourist in sight. It's blissfully quiet, the first clear June morning after two days of torrential rains. …