Denmark's GN Resound is banking on a hearing aid packed with bluetooth-like technology that lets users listen to calls and music from their iPhones as it seeks to steal a march on its rivals, its new chief executive told Reuters.
Sectors
Wal-Mart revenue rises but U.S. same-store sales flat
Wal-Mart Stores Inc reported a 2.8 percent rise in quarterly sales, helped by higher sales at its smaller-format stores, but U.S. same-store sales failed to show growth again.
Web of lies: How a Spanish tech star fooled the world
For nearly 10 years, Spanish internet company Let's Gowex SA said it was making money by providing public wi-fi in cities around the world. Most of the contracts, it now emerges, never existed.
Brokerages face exodus as advisers get better deal in indie firms
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.
Amazon.com builds brick-and-mortar presence with card-swiping device
Amazon.com Inc (AMZN.O) unveiled a $10 credit-card reader and mobile app for brick-and-mortar businesses on Wednesday, marking the latest step by the U.S. online retailer to expand its presence in the physical world.
Latest News
Venture Capital firm Andreessen Horowitz is investing $50 million in BuzzFeed, the social news and entertainment website known for producing advertising-sponsored "listicles" that go viral.
Google, the giant search engine, recently launched the Google News Publication Center. While European publishers don’t necessarily favor this concept, US publishers see it as a welcome opportunity for them to have control over how Google indexes their particular site.
World shares and the dollar tumbled on Friday and oil and gold jumped after U.S. President Barack Obama authorised targeted air strikes in Iraq, stoking fears of another drawn-out conflict in the region.
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
Toronto-based startup Figure 1 raised CA$ 4 million in Series A from its investors including Rho Canada Ventures, Union Square Ventures, and Version One Ventures.
Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and others.
InVision announced it received $21 million in Series B funding with existing investor Tiger Global Funding leading the round, joined by FirstMark Capital and other existing investors.
Israel-based VidMind has just received $30 million in financing from Trellas, one of Russia's largest independent retail groups, which has already invested over $30 million in Vidmind.
Developer Kiwi secured another $15 million as it closed its Series B funding, with Northgate Capital leading the round along with other investors DFJ Venture and Sequioa Capital.
