VENTURE CAPITAL POST

The world trade and market was surprised when Samsung reveals that it will be divided into two companies.

As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.

European privacy watchdogs is now assessing the Privacy Shield framework that would regulate the EU-U.S. relations in privacy protection. It’s likely that the EU watchdogs will ask for another review to be conducted in 2018, when a new a new EU data protection law comes into force.

CEOs salaries nationwide in U.S. has shown a declining trend in 2015, the biggest drop since the financial crisis. Some factors including the decrease in pension gains contributed to the decreasing in CEO pay.

Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including Honeywell, Starwood, and 3G investment firm.

UAE venture capital firm BECO Capital expects that the tech sector will spur amid the slowdown in the economy due to low oil prices. Especially in the region, the firm projects that tech startups will face a significant growth as the government seek to achieve diversification to non-oil sectors.

Offering raw but pre-packed and pre-measured food ingredients and step-by-step recipes, meal-kit deliveries are getting more popular in the U.S. The country has seen an increase both in demands and the companies who offer such services.

In the wake of the ongoing legal dispute between Apple and the FBI over encryption, GCHQ director Robert Hannigan addressed the issue in his speech at the MIT. He calls for a discussion and cooperation between agencies and tech companies especially in the US and the UK.

Israeli fintech hub initiative is receiving $2 million investments from Chinese venture capital firm Pando Group. The partnership is expected to build the bridge between Israel companies and the Asian markets.

Tech salaries are soaring higher, as last year it more than doubles the average pay in other sectors. It proves that the tech industry remains a major driving force in the U.S. economy with high income and massive job gains across the country.

OJK Issued a new regulation with regards to Venture Capital Companies. The new provision changes the licensing and organization of venture capital companies, and includes sharia law and sharia-based legal entities.

The machine to machine sector is where Sierra Wireless would be seeking investments and acquisitions as it grows in the next five years.

A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.

The Catapult Group provides service and administrative support for contract affiliates.