Instead of taking things easy on retirement, an increasing number of older Americans have become entrepreneurs and have taken the risk of forming their own companies, Bloomberg reported.
Research
Part 3: The Power of Clones to Startup—Start-up Communities
Clones look the same on the surface, one country to the next, but there are multiple differences in execution. Many clones require supply chain partners for them to work, yet many of these companies do not exist in emerging countries
Part 2: The Cultures of Risk—Financing the Startup of Start-up Communities
This part discusses the culture of risk in the developing countries and how it impacts the behavior of local investors and their willingness to finance seed and early stage tech business models.
Industry observers say wearable gadgets not likely to be a hit with consumers soon
There may be a lot of hype accompanying wearable devices but industry observers say these gadgets are not likely to be a big hit with consumers any time soon, Reuters reported.
Private equity managers in Asia not inspired by reopening of IPOs in China- report
The reopening of the IPO market in China did not inspire private equity managers in Asia who do not believe that the development would help companies make profitable exits.
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Borrowing costs for the Eurozone countries that experienced the brunt of the crisis dropped after a high demand from investors for 10-year bonds offered by the Irish government, the Financial Times reported.
Gartner, a research group, predicted that over 1 billion smartphones and tablet computers installed with the Android operating system of Google will reach customers in 2014.
Hedge funds have increased their bullish gold bets amid predictions given by analysts that the price of the bullion will continue to go down this year, Bloomberg reported.
With no new gadgets seen to fuel growth, the global technology market is poised for a slight drop in 2014, according to estimates from the Consumer Electronics Association, the Financial Times reported.
The flow of money across the worldwide financial system is still the same as that a decade ago, raising questions about the pace of economic recovery years after the financial crisis, the Financial Times reported.
With activist investors amassing wealth because of their campaigns, investment banks are now providing clients investment advice that would enable companies to anticipate and foil the efforts of activist investors, Bloomberg reported.
For mobile game developers like Glu Mobile and Mind Pirate, the next big thing in consumer technology is wearable devices like Google Glass and Samsung Galaxy Gear watch, a Reuters report said.
Data from TrimTabs Investment Research showed that US-listed bond mutual funds and exchange traded funds or ETFs posted outflows of $34 billion in December, Reuters reported.
2013 had been the best sales year for the auto industry as US consumers bought 15.5 million vehicles. Ford Motor Co., Honda Motor Co. and Chrysler Group posted single-digit percentage gains, while General Motors Co. and Toyota Motor Corp. sales declined.
