VENTURE CAPITAL POST

A recent research shows that there is a significant increase in the use of online dating services, especially via mobile dating apps. There are also significant increases in two particular age groups, which is young adults and older adults between the age of 55-64 years old. Personal safety remains a major issue for online daters, but most still believe that the method is more efficient and help them find a better match.

The Information Technology and Innovation Foundation (ITIF) concluded the study based on 27 factors that bring both positive and negative impact towards global innovation. The study involved 56 countries, whereas China stood at the 44th rank, Thailand the 53rd, followed by India. ITIF also noted that supporting global innovation is crucial for countries' economic growth.

The report estimated India's economic growth to be at 7.3 percent in 2016, and the growth would increase even more in 2017. India is already one of the world's fastest-growing economy last year, benefiting from the sharp decline of oil, metals, and food price.

A bitcoin startup Digital Asset Holdings has received funding from major banks. It will work closely with investors on research and commercialization of bitcoin technology applications. Digital Asset said that it has raised over $50 million funding from 13 investors. The list of investors includes JPMorgan Chase & Com, Citigroup Inc, BNP Paribas SA, CME Group Inc and Accenture Plc.

The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the report gave various responses following the accusations.

The company aims to establish other R&D offices overseas, especially in the United States and Europe. By doing that, they strive to deliver better quality and technology that could enter globat markets.

The PRESIOUS project has developed software that will help archaeologists scan and analyze artifacts faster than traditional methods. It can simulate erosion, "find" missing pieces of an artifact, and predict the shape of a complete artifact.

With a return of just 6.4% per year in traditional investment vehicles, a shortfall of 1.6%, many pension funds opt to invest in alternative options which promise higher returns.

According to optimistic analysts, India is still on track to becoming the net super economy if only industrial houses continued to invest.

Analysts believed that HTC's only way out of totally dying out is through a merger with another Chinese company.

According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.

The social game developer's top executive conducted a study to pinpoint the company's weakest areas.

Analysts think that Microsoft can regain the throne, but only if restructuring and community policies were employed.

To increase investments in the research and development sector of India, a government panel created new guidelines.

The UK government together with the auto industry is investing US $1.5 billion to fund research.