Can the Bloomberg Terminal be “Toppled”?

Can the Bloomberg Terminal be “Toppled”?
MARCH 19, 2014 BY MATT TURCK 42 COMMENTS
In the eye of some entrepreneurs and venture capitalists, the Bloomberg terminal is a bit of an anomaly, perhaps even an anachronism. In the era of free information on the Internet and open source Big Data tools, here’s a business that makes billions every year charging its users to access data that it generally obtains from third parties, as well as the tools to analyze it. You’ll hear the occasional jab at its interface as reminiscent of the 1980s. And at a time of accelerating “unbundling” across many industries, including financial services, the Bloomberg terminal is the ultimate “bundling” play: one product, one price, which means that that the average user uses only a small percentage of the terminal’s 30,000+ functions. Yet, 320,000 people around the world pay about $20,000 a year to use it. Read more of this post

In the wake of a recently exposed insider trading scandal, Acer Inc. (宏碁) founder and President Stan Shih (施振榮) issued an apology yesterday to the public via an open letter

Acer president apologizes to investors amid scandal
By John Liu ,The China Post
March 20, 2014, 12:05 am TWN
TAIPEI, Taiwan — In the wake of a recently exposed insider trading scandal, Acer Inc. (宏碁) founder and President Stan Shih (施振榮) issued an apology yesterday to the public via an open letter. Read more of this post

The Internet of Things hit the jackpot in 2013 with $1 billion investment haul

The Internet of Things hit the jackpot in 2013 with $1 billion investment haul
BY JAMES ROBINSON
ON MARCH 18, 2014
Breathless hype, meet $1 billion dollars.
Since Google bought Nest and its toys for $3.2 billion in January, followed by the CEO of Cisco publically declaring it as a $19 trillion industry and this year’s CES in Las Vegas featuring everything from connected toothbrushes to basketballs, the Internet of Things is having an extended and glorious moment in the hype-soaked sunlight. Read more of this post

12 reasons robots could be the next trillion-dollar business opportunity

12 reasons robots could be the next trillion-dollar business opportunity
By Christopher Mims @mims 6 hours ago
Recently I sat down with Dmitry Grishin, the billionaire co-founder of mail.ru and head of the world’s largest venture capital fund devoted solely to robots, Grishin Robotics. As you might expect from someone who has put $25 million into robotics startups, he’s bullish on the potential of robots (as he defines them) to become an area in which fortunes will be made in just the next few years.
Here are Grishin’s arguments for why now is the time for the consumer robot industry to take off (followed by the reasons he might be wrong).

Read more of this post

Timing just not right for ‘mini-HK’; It is no secret that Leung Chun-ying wants to expand Hong Kong’s reach in the Pearl River Delta region.

Timing just not right for ‘mini-HK’
Mary Ma
Wednesday, March 19, 2014
It is no secret that Leung Chun-ying wants to expand Hong Kong’s reach in the Pearl River Delta region.
Even before being elected chief executive, he talked about how the SAR could play a bigger role in the mainland.
Thus, when it was reported the government was studying the possibility of leasing land in Nansha or Hengqin to build a “mini-Hong Kong” to allow industries to expand, it didn’t surprise many people in political circles.

Read more of this post

Midea, Alibaba team up on Internet of Things open platform

Midea, Alibaba team up on Internet of Things open platform
Staff Reporter
2014-03-20
Chinese e-commerce giant Alibaba and Midea, an electrical appliance manufacturer, signed an agreement on March 17 under which they will jointly build an open platform for the Internet of Things, allowing people to control home appliances by remote control and enabling communication between devices. Read more of this post

Big but not strong: China still can’t compete with the US

Big but not strong: China still can’t compete with the US
Tseng Fu-sheng
2014-03-20
Since the launch of economic reforms in 1978, China has become the world’s second-largest economy, the largest merchandise trader and the largest manufacturer, with forex reserves topping US$3.8 trillion, including US$1.2 trillion of US government bonds, for a share of 9%, making it the US’ largest creditor. Read more of this post

%d bloggers like this: