Jan 28, 8:27 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Matthew Cochrane 01/28/19 AT 7:13 PM The world is changing the way it conducts business. For centuries, humans have used cash to buy and sell goods and services because local fiat currency has been the most efficient way to to conduct commerce. Yet, over the past several decades, technology has drastically changed consumer behavior as well as how governments respond with new rules and regulations. Recent seismic payment shifts away from cash have been driven by the rapid rise of e-commerce and mobile payments.Meanwhile, businesses have faced new opportunities and problems. How quickly is the world moving toward a cashless economy? Are certain geographic areas more likely to experience this transformation? Is this a positive change for society? We'll explore these questions, with an aim to capture nuanced … [Read more...] about How To Start Investing In A Cashless Society
Best businesses to start in 2016
To find China’s best driverless technology, look in Silicon Valley
David Welch, Bloomberg Published 4:05 am PDT, Sunday, September 30, 2018 Baidu's autonomous car stands at the company's headquarters in Beijing on Jan. 19, 2016. Baidu's autonomous car stands at the company's headquarters in Beijing on Jan. 19, 2016. Photo: Bloomberg Photo By Qilai Shen. Photo: Bloomberg Photo By Qilai Shen. Image 1 of / 1 Caption Close Image 1 of 1 Baidu's autonomous car stands at the company's headquarters in Beijing on Jan. 19, 2016. Baidu's autonomous car stands at the company's headquarters in Beijing on Jan. 19, 2016. Photo: Bloomberg Photo By Qilai Shen. To find China's best driverless technology, look in Silicon Valley 1 / 1 Back to Gallery China's homegrown search giant, much like its U.S. … [Read more...] about To find China’s best driverless technology, look in Silicon Valley
Toshiba sells PC business to Sharp for $36 million
Toshiba has agreed to sell its personal PC business to Sharp in a move which could see Sharp return to the PC market.The deal, worth four billion yen (roughly $36 million), also includes the issuance of $1.8 billion in new shares by Sharp to buy back stock from banks.Under the control of Foxconn, which acquired Sharp in 2016 for approximately $3.5 billion, the Osaka, Japan-based firm now appears to be diving towards a return to the PC business.The acquisition, which involves the transfer of 80.1 percent of outstanding shares from Toshiba to Sharp, could not only allow Sharp access once more to the PC market but under the umbrella of Foxconn, the company could also be able to manufacture devices more cheaply.Sharp was a strong player in the personal computer industry, spanning back to the 1970's and systems which relied on KB-based CPUs and MS-DOS. However, the company closed down its PC operations in 2010. According to a statement (.PDF) revealing the purchase, the PC business … [Read more...] about Toshiba sells PC business to Sharp for $36 million
Macron: France persuaded Trump to strike in Syria
Updated 4:41 pm, Sunday, April 15, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-3', placement: 'Interstitial Gallery Thumbnails 3', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Francois Guillot, AP Image 1of/3 CaptionClose Image 1 of 3 French President Emmanuel Macron, left, with his wife Brigitte Macron arrive to attend an interview with journalists from BFM television and the Mediapart investigative website, at the Theatre national de Chaillot in Paris, Sunday, April 15, 2018. Macron is scheduled to make a television appearance on Sunday night. It will be his first since the U.S., France and the U.K. launched the airstrikes early Saturday. (Francois Guillot/Pool Photo via AP) less French President Emmanuel Macron, left, with his wife Brigitte Macron arrive to attend an interview with … [Read more...] about Macron: France persuaded Trump to strike in Syria
‘Don’t try to blend in all the time. Try to stick out, it makes a difference in Sweden’
"If you have something good going you have to stick to it, not lose yourself in the moment and think you’ve made it," Gatenholm notes while reflecting on the rapid rise of his company. A bioprinting firm that is one of the first in the world to offer 3D printable bioink (liquid that allows human cells to live and grow, which can then be used in fields like cancer research), Cellink was named Startup of the Year at the 2016 edition of the Almedalen politics festival, as well as winning a prize at the 2017 Nordic Startup Awards. Cellink has a multitude of different nationalities among its employees, and was founded by people with mixed backgrounds. Gatenholm himself is a Swede by birth, but American by upbringing and adopted citizenship – both his life and identity are divided between the two countries. "I currently live somewhere between Gothenburg and Boston, spending several weeks each month in the latter doing business, but with roots still in Gothenburg and our … [Read more...] about ‘Don’t try to blend in all the time. Try to stick out, it makes a difference in Sweden’