Finance/Venture

Starbucks Must Fix Customer Experience to Get Back in Coffee Shop Game, Ex-Boss Says

Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.


China’s Ant Group to Open New Markets Across the World With Alipay+ Cross-Border Payments

Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+...

Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...

Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets

The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April...


Latest News

Dow Jones Continues to Drop on Monday and Market Waits for The Fed Meeting This Week
U.S. stock declined sharply on Monday over concern of economic condition and oil price. The Fed is scheduled to have a meeting this week, and market anxiously wait for the next step U.S. central bank
Finance Tech Company Bluevine Completed Its Series C Funding
BlueVine the fintech startup company completed its $40 million in Series C funding last Wednesday. The investment was led by Menlo Ventures and other participants.
Major banks funding Bitcoin startup on recording blockchain deals
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
Elevate Credit, VC-backed Online Lender, Postpones Its IPO
The subprime online lender company Elevate Credit delays its IPO scheduled on Thursday. Teetering market has been the main reason of the postponement and high risk of online subprime lending service.
Chinese Venture Capital Cocoon Networks Open a $700M Fund in London
Cocoon Networks, a Chinese-backed venture capital group is setting up a £500 ($700) million fund in London. The fund is aimed to invest in European tech startups.
GM Acquires Sidecar After Lyft, Strengthens Urban Mobility Team
After acquiring Lyft Inc, GM has also purchased ride hailing pioneer, Sidecar. The acquired entity has been tattering in consecutive years for ever growing competitions with rivals like Uber and Lyft.
IMF Slashes Global Forecast Due to China Economy Slowdown
The decreasing of China’s economic growth to the lowest rate in the last of 25 years has influenced the world’s economy. It made the International Monetary Fund slashed its global growth forecast for
China to combine 40 entities to work on $22 billion plan-engine project
China, as part of a wider drive into progressive industries to boost its GDP growth, plans to combine over 40 entities to work on the giant $22 billion plane-engine project. Under the plan, the govern
Canadian Stocks Fell As Oil Price Hit $28
Canadian stocks market dropped as continuing plunge of oil price brings down the energy companies stocks. Meanwhile, two Calgary-based oil companies are merged under Suncor Energy Inc.
Real Time Analytics