Sectors
Uber to invest $1B in India after investing another billion in China
Uber recently announced that it has allocated $1 billion to expand its operations in China. Like that is not big enough, the company will also be setting aside another $1 billion to strengthen its business in India.
Cavendish Kinetics to raise 36M for smartphone reception improvement with its new generation RF MEMS
San Jose company Cavendish Kinetics successfully raised $36 million to develop their radio frequency micro-electro-mechanical system (RF MEMS), which could significantly improve smartphone reception.
Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates
Former U.S. Treasury Secretary Larry Summers claims that the aggressive sell-off on the global markets can lead to "a very serious situation" and raising interest rates could be a big mistake.
Comcast's super-fast cable internet will surpass Google Fiber
Comcast announced this week that it has plans to roll out a next-generation cable technology that will opportune it to compete at the same speed that Google Fiber has, which is 1 gigabit per second.