Sectors
China got $37 bln in Venture Capital deals in 2015, makes it legitimate contender to tech industry leader US
Venture capitalist poured a total of $37 billion worth of funds to start-ups in China in 2015, making it the biggest challenger to the leader in the Tech industry, which is the US.
Half of the 229 unicorn start-ups found in California, $175B in funding, $1.3T valuation, bubble highly unlikely
Developers of revolutionary products with $1 billion in valuation are called unicorns, and there are so many of them sprouting. Most of them are in California. There are some who fear of another bubble, but most dismiss this forecast.
Nickel, copper gain, as Chinese equity market performs better
Nickel and copper lead the gains on the London Metal Exchange as Chinese equity market gained, which calmed concerns over financial turmoil in the world’s second largest economy.
Apple Finally Succeeds In Imposing Ban On Older Handsets Of Samsung
Apple has won a court verdict regarding trade banning on certain older Samsung handsets. The verdict has been appeared as a long cherished Apple appeal. But since the matter relates to smart phones, so industry insiders prefer for negotiation instead of imposing court injunctions. This is because of the fact smart phones require others’ features to include on payment basis for continuous development of products to sustain in the competitive market.