Global automakers look for dream market in rural India

Global automakers look for dream market in rural India

Monday, February 3, 2014 – 22:54

Reuters

MUMBAI – For global automakers, the dusty backroads of rural India could be the new El Dorado.

As economic torpor suffocates demand for new cars in India’s megacities, incomes are growing faster in small towns and country areas. That’s pushing the likes of General Motors and Honda Motor Co to fan out in search of buyers in places where fewer than 20 people in every thousand own a car – for now. Read more of this post

10 years after Facebook launched, social media is only beginning to shake up the world

10 years after Facebook launched, social media is only beginning to shake up the world

By Vivek Wadhwa, Updated: February 3 at 7:59 am

When Harvard student Mark Zuckerberg launched thefacebook.com in Feb. 2004, even he could not imagine the forces it would unleash. His intent was to connect college students. Facebook, which is what this Web site rapidly evolved into, ended up connecting the world. Read more of this post

New Zealand Milks China’s Taste for Dairy; New Zealand Has Benefited From a 48% Rise in Dairy Prices Over the Past 12 Months

New Zealand Milks China’s Taste for Dairy

New Zealand Has Benefited From a 48% Rise in Dairy Prices Over the Past 12 Months

REBECCA HOWARD

Updated Feb. 3, 2014 8:16 a.m. ET

WELLINGTON, New Zealand—U.S. investors betting that a loosening of China’s one-child policy will boost demand for milk have won access to directly trade dairy futures in New Zealand, the world’s biggest milk exporter. Read more of this post

What We Talk About When We Talk About Economies Of Scale In Tech

What We Talk About When We Talk About Economies Of Scale In Tech

Posted yesterday by Ben Bajarin (@BenBajarin)

Editor’s note: Ben Bajarin is a principal at Creative Strategies where he focuses his analysis and research on the consumer technology industry and consumer technology products. Follow him on Twitter @BenBajarin. Read more of this post

Required Reading: The Economist’s Special Report On Tech Startups

Required Reading: The Economist’s Special Report On Tech Startups

Posted yesterday by Ryan Lawler (@ryanlawler)

It’s not every day we here at TechCrunch just point to someone else’s work and say, “Here, you should go read this.” But today’s an exception, because The Economist has put together a 16-page Special Report on the rise of technology startups around the world. Read more of this post

5 things I learned from The New Yorker’s feature on Netflix; The future of television is more interesting when you peek behind the screen

5 things I learned from The New Yorker’s feature on Netflix

By Adam Lashinsky, Sr. Editor at Large February 3, 2014: 11:35 AM ET

The future of television is more interesting when you peek behind the screen.

FORTUNE — There was nothing particularly new in Ken Auletta’s highly readable article about Netflix (NFLX) in the current issue of The New Yorker. (Here’s a link to a snippet of the article; the rest is for paying subscribers.) The beauty of a Ken Auletta article, though, is that there doesn’t need to be a ton of earth-shatteringly fresh information for it be worth your time to read. Auletta succinctly summarizes complicated topics, like how Netflix got to be what it is, and he name checks all the most important people on a given subject so that by the time he’s done, you’re in the know, too. Read more of this post

MediaTek Going Wearable, Chinese & Cheap

MediaTek Going Wearable, Chinese & Cheap

Junko Yoshida

1/31/2014 01:40 PM EST
MADISON, Wis. — MediaTek is quietly going after the emerging market of under-$50 wearable devices.

The company’s new “all-in-one” SoC, called Aster, is sampling now only to a select group of customers. The chip is not officially announced yet, with no datasheets or block diagrams publicly available. Read more of this post

South Koreans drink twice as much liquor as Russians and more than four times as much as Americans

South Koreans drink twice as much liquor as Russians and more than four times as much as Americans

By Roberto A. Ferdman and Ritchie King February 2, 2014

image001-1

The biggest hard alcohol drinkers on the globe aren’t cuddled up somewhere in sub-zero Siberia; they’re sipping on Soju, in South Korea. Read more of this post

Why the only thing better than big data is bigger data

Why the only thing better than big data is bigger data

By Christopher Mims @mims an hour ago

For many businesses, big data is superfluous. Except, a recently-published paper on the mathematics of big data reveals, when it isn’t. It turns out there is a kind of data that, like black holes or evil wizards of Middle Earth, only becomes more powerful the larger it grows. What’s more, suggest researchers Enric Junqué de Fortuny, David Martens and Foster Provost, even if you’re not gathering this kind of data at present, the new results suggest you may lose out to a competitor who is. Read more of this post

Yu’ebao, the investment service introduced by Chinese e-commerce giant Alibaba, has raised 250 billion yuan (US$41.3 billion), with the number of its users exceeding 49 million since its launch on June 13

Yu’ebao generates considerable profits from bank deposits

Staff Reporter 

2014-01-28

Yu’ebao, the investment service introduced by payment service Alipay, a division of Chinese e-commerce giant Alibaba, has raised 250 billion yuan (US$41.3 billion), with the number of its users exceeding 49 million since its launch on June 13, 2013, reports Shanghai’s China Business News. Read more of this post

Shareholder infighting major obstacle for A-share listed Chinese firms

Shareholder infighting major obstacle for A-share listed Chinese firms

Staff Reporter 

2014-02-01

Since 2011, there have been at least 26 A-shares or Hong Kong-listed Chinese firms that have seen shareholder infighting, which has become a major obstacle for corporate governance and the further development of the listed companies, the Chinese-language Shanghai Securities News reports. Read more of this post

Shadow banking sector playing cat and mouse with Chinese regulators

Shadow banking sector playing cat and mouse with Chinese regulators

Staff Reporter

2014-02-03

Beijing’s latest move to reign in the shadow banking sector is expected to have a considerable impact on financial trusts, but the problem will likely remain because of a loophole in the regulations, the Chinese-language CBN Weekly reports. Read more of this post

Limited human-to-human bird flu transmission possible: China

Limited human-to-human bird flu transmission possible: China

Staff Reporter 

2014-01-28

Limited, single human-to-human transmission of the H7N9 bird flu cannot yet be ruled out, according to a newly issued plan for human H7N9 infection diagnosis and treatment from China’s National Health and Family Planning Commission. Read more of this post

Electronics malls crumbling under online shopping boom in China

Electronics malls crumbling under online shopping boom in China

Tai Jui-fen and Staff Reporter

2014-02-02

Operators of giant shopping malls housing electronics shops in China are swiftly losing customers and vendors as tenants disappear in the shadow of stiff competition from the booming e-commerce sector, reports the Chinese-language China Business Journal. Read more of this post

The $15 trillion shadow over Chinese banks; China analyst Charlene Chu explains why the nation is on the verge of crisis

The $15 trillion shadow over Chinese banks

China analyst Charlene Chu explains why the nation is on the verge of crisis

By Harry Wilson

9:30PM GMT 01 Feb 2014

Drawing attention to the problems at an individual bank is never likely to make you popular, but calling time on an entire financial system is another thing entirely. Read more of this post

Institutional Imperative and Differentiating Between the Tech Innovators, the Imitators, and Swarming Incompetents in Asia (Part 2)

Bamboo Innovator Insight (Issue 21)
Dear Friends and All,

Institutional Imperative and Differentiating Between the Tech Innovators, the Imitators, and Swarming Incompetents in Asia (Part 2)

“If I had asked people what they wanted, they would have said faster horses.”

– Henry Ford

“Good is not the absence of evil” was the common insight that value investors share as the Bamboo Innovator met up over coffee last week with two successful fund managers who run their own asset management firms when they flew in from London and India to the Omaha of Singapore at the Singapore Management University. Read more of this post

Retiring on Your Own Terms: Only by saving safely enough to end up with 22 times your annual retirement income can you guarantee that payout

Jan 31, 2014

THE INTELLIGENT INVESTOR

Retiring on Your Own Terms

JASON ZWEIG

image001-12

By creating a new savings plan this past week called the myRA, President Barack Obama refocused attention on the retirement crisis. Read more of this post

WeChat banking emerges in China

WeChat banking emerges in China

Staff Reporter

2014-02-02

Several Chinese banks have launched banking services via popular mobile phone app WeChat, as they try to tap into the rapidly changing online business world, the Securities Daily reported. Read more of this post

A growing number of larger companies in South Korea are pushing up their earnings through non-operating income rather than operating activities.

Conglomerate earnings buoyed by non-operating income amid downturn

2014.02.03 15:27:52

A growing number of larger companies in South Korea are pushing up their earnings through non-operating income rather than operating activities.  Read more of this post

“Time is short” for Congress to raise debt limit, says US treasury chief who warned that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit

“Time is short” for Congress to raise debt limit, says US treasury chief

POSTED: 03 Feb 2014 23:10
US Treasury Secretary Jacob Lew warned on Monday that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit.

WASHINGTON: US Treasury Secretary Jacob Lew warned on Monday that the United States will exhaust its borrowing authority on Friday without action by Congress to lift the debt limit. Read more of this post

In the mobile Internet Age, ads watch you

In the mobile Internet Age, ads watch you

Technology evolving toward suggestions based on preferences

BY GLENN CHAPMAN

AFP-JIJI

FEB 3, 2014

WASHINGTON – Ads are evolving from blaring TV spots to nudges from smartphones that know where we are, what we like and what we might be in the mood for. Read more of this post

outh Korea’s Japanese Mirror; Danny Leipziger proposes a strategy for South Korea to avoid Japanese-style economic stagnation

DANNY LEIPZIGER

Danny Leipziger, Professor of International Business at George Washington University and Managing Director of the Growth Dialogue, was a vice president of the World Bank and served as Vice Chair of the Spence Commission on Growth and Development.

FEB 2, 2014

South Korea’s Japanese Mirror

SEOUL – Given the daunting challenges facing Japan, one can only admire Prime Minister Shinzo Abe’s determination to end the country’s two-decade-long period of economic stagnation. His strategy – the “three arrows” of massive monetary expansion, increased government spending, and structural reform – is theoretically sound. But only one and a half arrows have been launched so far. Read more of this post

Jobless college graduates top 3 mil

2014-02-03 18:47

Jobless college graduates top 3 mil.

By Kim Tae-jong
image001-11

The number of college graduates who are “economically inactive” surpassed 3 million for the first time, government data showed Monday.
According to Statistics Korea, the number of people who have college degrees, but gave up searching for  jobs soared to 3.08 million last year, up 3.2 percent from the previous year.
The number has been on a steady increase because of an increased number of university graduates. It stood at 1.59 million in 2000 but surpassed the 2 million mark in 2004. Read more of this post

We can’t beat cancer with drugs alone; prevention crucial: WHO

We can’t beat cancer with drugs alone; prevention crucial: WHO

10:04am EST

By Kate KellandHealth and Science Correspondent

LONDON (Reuters) – Governments must make better use of vaccines and preventative public health policies in the fight against cancer as treatment alone cannot stem the disease, a World Health Organization (WHO) agency said on Monday. Read more of this post

Why You Can Never Finish Anything And How to Finally Change It

WHY YOU CAN NEVER FINISH ANYTHING AND HOW TO FINALLY CHANGE IT

NEVER FINISHING WHAT YOU START IS MORE THAN A BAD HABIT–IT STEMS FROM FEARS AND HESITATIONS. HERE’S HOW TO GET PAST THE PROCRASTINATOR’S PARALYSIS.

BY JANE PORTER

The law of inertia tells us a body in motion stays in motion. And the same goes for projects, creative ideas, daily tasks, half-written emails, and that thing you stopped working on to read this article. When you interrupt a task, it can be difficult to pick it up again. Read more of this post

Walgreens to use software to help clinicians assess patients

Walgreens to use software to help clinicians assess patients

By Mohana Ravindranath, Published: February 2 | Updated: Monday, February 3, 10:44 AM

The next time a patient walks into a Walgreens clinic, the clinician may not be the only one assessing patients.

Soon, hundreds of Walgreens clinics will be equipped with new software that guides health-care providers through checkups — requiring them to ask certain questions or request particular lab tests depending on the patient’s history. The software, called ePASS, was developed by Inovalon, a Bowie-based health IT firm with about 3,000 employees worldwide. Read more of this post

‘Darth Vader’ of cable TV finds media empires strike back

‘Darth Vader’ of cable TV finds media empires strike back

John Malone and Vodafone are clashing again – is a merger the way forward?

By James Titcomb

10:19PM GMT 02 Feb 2014

For a man once described as “Darth Vader”, John Malone was remarkably gracious last summer when admitting to the first major setback in his battle for control of European telecoms. Read more of this post

How Inequality Hollows Out the Soul; Our tendency to equate wealth with inner worth invokes deep psychological responses

FEBRUARY 2, 2014, 6:02 PM  20 Comments

How Inequality Hollows Out the Soul

By RICHARD WILKINSON and KATE PICKETT

One of the well-known costs of inequality is that people withdraw from community life and are less likely to feel that they can trust others. This is partly a reflection of the way status anxiety makes us all more worried about how we are valued by others. Now that we can compare robust data for different countries, we can see not only what we knew intuitively — that inequality is divisive and socially corrosive — but that it also damages the individual psyche. Read more of this post

Imax Faces a Threat in China; Not only could competitors in China cut into its potential market share there, but Imax has charged in several courts that the Chinese system relies on technology that was blatantly stolen from its offices

Imax Faces a Threat in China

By MICHAEL CIEPLYFEB. 2, 2014

LOS ANGELES — “We’ve got the future under control,” contends OmniCorp, the giant technology corporation in “RoboCop,” a blockbuster remake set for release by Sony Pictures and MGM next month.

But can Imax Corporation, the movie studios’ business ally, say the same about its dealings inChina? Read more of this post

This Is What It Would Be Like If Morpheus From ‘The Matrix’ Was A Valet

This Is What It Would Be Like If Morpheus From ‘The Matrix’ Was A Valet

RICHARD FELONI AND JIM EDWARDS FEB. 2, 2014, 9:01 PM 888

Kia

The last film in the “Matrix” series came out in 2003, but Laurence Fishburne reprised his role as the futuristic Zen master Morpheus in Kia’s Super Bowl commercial tonight. Read more of this post

%d bloggers like this: