TARTUP CEO: The Secret To Success Is Never Telling A Lie

STARTUP CEO: The Secret To Success Is Never Telling A Lie

JENNA GOUDREAU CAREERS  MAR. 12, 2014, 11:36 PM

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Rebekah Campbell, founder and CEO of Posse

How many lies do you tell a day? Perhaps white lies to save an employee’s feelings, exaggerations to make yourself look better in front of your boss, or cherry picking the truth when dealing with clients? How many lies a day do you tell yourself? Read more of this post

The 17 Equations That Changed The Course Of History

The 17 Equations That Changed The Course Of History

ANDY KIERSZ FINANCE  MAR. 12, 2014, 11:38 PM

Mathematics is all around us, and it has shaped our understanding of the world in countless ways.

In 2013, mathematician and science author Ian Stewart published a book on 17 Equations That Changed The World. We recently came across this convenient table on Dr. Paul Coxon’s twitter account by mathematics tutor and blogger Larry Phillips that summarizes the equations. (Our explanation of each is below): Read more of this post

How China’s official bank card is used to smuggle money

How China’s official bank card is used to smuggle money

Tue, Mar 11 2014

By James Pomfret

MACAU (Reuters) – Growing numbers of Chinese are using the country’s state-backed bankcards to illegally spirit billions of dollars abroad, a Reuters examination has found. Read more of this post

Modi’s silence on foot soldiers who act in his name is disturbing

Modi’s silence on foot soldiers who act in his name is disturbing

Sagarika Ghose
March 11, 2014

First Published: 23:40 IST(11/3/2014)
Last Updated: 12:25 IST(12/3/2014)

General elections! Yet rendered somewhat joyless by the creeping authoritarianism which seems to have taken hold across the political spectrum. Students who cheered Pakistan at a cricket match were charged with sedition. Journalists have been threatened with physical attack on social media for expressing contrarian political views. On the day polls were announced political parties engaged in street battles. A politician visiting the state that prides itself on stable governance had his car windows broken. Read more of this post

Alibaba and the 40 cannibals; In the US, it took about five years for 10% of total customer funds (deposits plus MMFs) to be disintermediated by MMFs

Alibaba and the 40 cannibals

David Keohane | Mar 12 10:26 | Comment Share

So. Alibaba’s Yu’e Bao and its internet Money Market Fund ilk are good, particularly if you are in favour of deposit liberalisation in China, say, in 1-2 years. As Lex said, Yu’e Bao is sneaking market-priced bank capital into a closed system. Read more of this post

Why an extra $26 a month may decide fate of Abenomics

March 12, 2014 6:28 am

Why an extra $26 a month may decide fate of Abenomics

By Jonathan Soble in Tokyo

Will they or won’t they? Observers of Japan’s economy have been asking that soap-opera-fan question for months. Will Japanese companies, basking in record profits thanks to a weak yen, pass the wealth on to their employees by increasing their pay? Read more of this post

Alibaba buys majority stake in ChinaVision; Most of Alibaba’s recent acquisitions have been intended to shore up perceived weaknesses ahead of the IPO, mainly in the area of mobile internet

March 11, 2014 2:43 pm

Alibaba buys majority stake in ChinaVision

By Charles Clover in Beijing

Alibaba, China’s ecommerce giant, has paid more than $800m for a majority stake in Hong Kong-listed ChinaVision Media Group, continuing a string of acquisitions that total nearly $3bn over the past year. Read more of this post

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