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Key Speakers At The Bloomberg Canada Economic Summit

Canadian venture capital at 10-year high

Led by technology sector, venture capital (VC) investments in Canada reached 10 year high in 2015. Canadian Venture Capital & Private Equity Association (CVCA) said 536 deals in funding for entrepreneurs raised $2.25 billion in 2015.

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'West Side Story' Broadway Opening Night

Mobile App Developer TodayTix Acquired $9 Million in Series B Funding

Broadway ticketing mobile app has secured a Series B funding. TodayTix has also expanded its coverage beyond Broadway to other American theaters and abroad.

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Google Begins Installing Ultrafast Broadband Network

Google Fiber To Introduce Gigabit Internet Service In Select Places of San Francisco

Google has planned to introduce WiFi network service in San Francisco during 2007 in collaboration with Earthlink. The initiative ultimately has gone into vein. Finally another Alphabet subsidiary, Google Fiber has announced introducing high speed gigabit internet service to some select places of San Francisco.

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Cancer research laboratory

Forty Seven Inc Raised $75 Million to Develop Antibodies for Cancer

The Series A round was announced on Wednesday. The company has also licensed the rights for multiple immuno-oncology programs from Stanford University.

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Key Speakers At The TechCrunch Disrupt SF 2015 Summit

Battery Ventures XI Closes Pair of Funds Raising $950 Million

Battery Ventures X has been closed in February 2013 with a fund of $900 million. Now, the Battery Ventures XI is going to be closed at $950 million, surpassing the predecessor funds. A large number of venture firms are expecting to receive funds in 2016, which may be good or bad news for some institutional investors.

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Tesla Motors Inc. Chief Executive Officer Elon Musk Speaks At StartmeupHK Venture Forum

Elon Musk’s Hyperloop Project Getting Implemented

Elon Musk has shared a brainchild for travelling from one city to another with extraordinary speed through a hyperloop in 2013. The plan is now getting implemented at Quay Valley in California. If the project becomes commercially viable, people will get an opportunity to travel at 800 MPH subject to getting approval from the government authorities.

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Canada, Alberta, Near Drumheller, Oil Well...

Williams Cos. puts Canadian operations on the block for $1 billion

Williams Cos has decided to offload its Canadian operations for $1 billion. It is hoping to put it on the block in next week. In fact, it has already appointed two investment banks to oversee the sale process.

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 Tesla Update v7.0 Enables Self-driving Test In China

The Koch Brothers Raises $10 Million Lobbying Fund A Year For Withdrawal Of Subsidies in EV

Electric Vehicle (EV) purchasers enjoy different sorts of benefits from the federal and state governments. Irked with the subsidies, the Koch Brothers have dedicated a fund for lobbying in pulling back the subsidies for EVs. Tesla Motors CEO, Elon Musk has however, protested the news ignoring the fact that his comparison may be treated as ‘Apple to Apple’ or ‘Apple to Orange’.

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Kabam Inc. Chief Executive Officer Kevin Chou Interview

Kabam Lay Off 8% of Workforce, Focus on Multiplayer Games

San Fransisco-based Kabam will lay off its workforce. The mobile game studio will focus on its most popular multiplayer games such as Marvel Contest of Champions and Star Wars: Uprising.

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 Facebook Inc.'s Chief Executive Officer Mark Zuckerberg Delivers A Keynote Speech At Mobile World Congress

Mark Zuckerberg Supports Apple, Strongly Opposes Creating Backdoors For Law Enforcers

The US government has appeared in a row with Apple centering unlocking of encrypted data of an iPhone allegedly used by a terrorist. Apple opposes the demand citing creation of backdoors for the law enforcers, may lead to a potential abuse. Supporting Apple stand, Mark Zuckerberg has pledged playing due rolls in its fight while addressing in the Mobile World Congress on Monday.

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Champs Elysees McDonald's Reopens In Paris

McDonald's Introduces Chobani-yoghurt Parfaits and Smoothies, Breakfast Bowls

McDonald's partners with Chobani, a Greek yoghurt-maker company and tests how the yoghurt will come along being incorporated to some of its menu. The fast food chain is adapting to the change to make itself a 'modern and progressive company' as it adapts to the changing tastes of its customers.

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'Sunnyvale City Limit' sign, Sunnyvale, Silicon Valley, California

Silicon Valley Enterprises’ Strong Valuation Softens In The Fourth Quarter

Silicon Valley tech industries have been witnessing a downward trend during the last couple of years. Fenwick & West LLP has revealed their fourth quarter findings on valuations of some Silicon Valley companies. The report shows a decrease in valuation position of the companies during the fourth quarter compared to the strong position in the third quarter.

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Intern

US Labor Department Orders Fenox to Pay Back-Wages To 56 Mislabeled Interns

Businesses in the US are in a common practice to to classify workers as interns in order to pay them well below minimum wage or nothing at all. Detection of such practice from a venture fund provider appears to be the first of its kind since US Department of Labor accuses Fenox with the malpractice. The regulator has instructed Fenox to pay back-wages to 56 so-called interns.

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Key Speakers At The World Economic Forum (WEF) 2016

All eyes on Argentina's economy recovery in 2016

Led by new President Mauricio Macri, economy recovery in Argentina is anticipated during 2016. Argentina registered $3 billion trade deficit for 2015. Exports too fell over 50 percent during 2015.

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Bombardier Readies CSeries As Business Jet Forecast Improves

GuestLogix begins sale, investment process

Canadian company GuestLogix Inc has received court approval for implementing sale and investment solicitation process (SISP). Canaccord Gunuity Corp will be financial advisor to the company under the SISP. The bidding process is being executed in a phased manner.

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