Rain Rannu, the Founder and Chief Executive Officer of Fortumo, said in his guest post at VentureBeat that more Android app users would pay if local payment options and not just credit cards would be offered.
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Big-name mutual funds in Wall Street suffer a decline in emerging markets
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.
Africa nabs $1.6B in private equity investments in 2013
Private equity investments in sub-Saharan Africa totaled $1.6 billion in 2013, an increase of 43% from the year before. Sectors in the region which received most investments were energy and natural resources and banking and financial services.
Public pensions in US post median returns of 16.1pct last year- Wilshire Associates Inc
A Wilshire Associates Inc report showed that public pensions in the US had median gains of 16.1% last year, with smaller public pensions outperforming the "mega" plans, Bloomberg reported.
US retailers feel pressure to beef up cybersecurity spending- report
Retailers in the US are feeling the pressure to increase their cybersecurity spending as they compete against online rivals and strive to meet the October 2015 deadline by Visa and MasterCard to be able to use chip-enabled payment cards, Reuters reported.
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The mergers and acquisitions activity in the Southeastern portion of the US rose 17% last year, according to data from Mergermarket Group news service, The Tennessean reported.
A venture capitalist is urging Asian investors to consider placing bets in evergreen funds, and said that these type of funds are a good fit for them.
Venture capitalists in Silicon Valley are more upbeat in the future of the high-growth entrepreneurial environment, according to a new study done by Professor Mark Cannice of the University of San Francisco School of Management.
Apple Inc has spent nearly two times what it spent the year before on acquisition deals, deploying $525 million for these purchases last quarter, Bloomberg reported.
Although they have remained silent for the good part of 2013, venture capitalists are now going back to China as the IPO market opens, but strategic investors are offering tough competition, The Wall Street Journal blog Venture Capital Dispatch reported.
The annual average return of university endowments was pegged at 11.7%, according to figures from the National Association of College and University Business Officers and the Commonfund Institute, Bloomberg reported.
IDC's Worldwide Quarterly Mobile Phone Tracker data said the worldwide smartphone market topped one billion units for the first time in a single year, TechChruch reported.
A ruling from a US court that banned the affiliates of the four biggest accounting firms may lead Chinese companies to seek an IPO in Hong Kong than in New York, Bloomberg reported.
Despite the limitations experienced by the Bitcoin and other crypto-currencies, HP security and payments expert Slava Gomzin sees the digital currencies making its way to more brick-and-mortar stores.
