Harvey Norman co-founder Ian Norman dies

Harvey Norman co-founder Ian Norman dies

May 29, 2014 – 6:22PM

Eli Greenblat

Ian Norman, who teamed up with Gerry Harvey in 1982 to create the Harvey Norman retail chain that carries his name, has died. He was aged 75. Read more of this post

Deals That Transform Companies: How to shift your business model with M&A integration

May 26, 2014 / Summer 2014 / Issue 75

Deals That Transform Companies

How to shift your business model with M&A integration.

by Gregg Nahass

As capital remains cheap and competition increases, more and more corporate finance strategists are willing to take on transformational deals. Unlike absorption deals, in which companies acquire businesses that complement their existing operations, transformational deals in-volve acquiring new markets, channels, products, or processes in a way that requires significant operational integration. In fact, successful integration is key to realizing the potential value of these deals. Read more of this post

Frank Lowy’s Westfield threat makes corporate history

Frank Lowy’s Westfield threat makes corporate history

May 29, 2014 – 6:07PM

Malcolm Maiden

Lowy blow as Westfield defers restructure vote

The final vote for Westfield’s restructure has been deferred after proxy votes fell just shy of the 75 per cent needed, in a blow to the Lowy family’s plans to restructure the department store giant. Read more of this post

India’s top 10 food retailers accumulate $2.2 billion losses in 2013-14: Crisil

India’s top 10 food retailers accumulate $2.2 billion losses in 2013-14: Crisil

Wed, May 28 2014

MUMBAI (Reuters) – India’s top 10 food retailers are estimated to have accumulated losses worth $2.20 billion in the fiscal year ended March 2014, as they scaled up operations and refined their business models, according to a report by ratings agency Crisil. Read more of this post

BlackRock CEO says leveraged ETFs could ‘blow up’ whole industry

BlackRock CEO says leveraged ETFs could ‘blow up’ whole industry

Wed, May 28 2014

By Tim McLaughlin

(Reuters) – BlackRock Inc (BLK.N: QuoteProfileResearchStock Buzz) Chief Executive Officer Larry Fink said on Wednesday that leveraged exchange-traded funds contain structural problems that could “blow up” the whole industry one day. Read more of this post

New cremation rule in China shakes old traditions

New cremation rule in China shakes old traditions

Thursday, May 29, 2014 – 10:33

China Daily/Asia News Network

Authorities in Anqing, Anhui province, say there was no direct relationship between the alleged suicides of several elderly rural residents and the coming burial reforms that require corpses to be cremated. Read more of this post

Intel readies 3D-printed robots for handy consumers

Intel readies 3D-printed robots for handy consumers

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Wed, May 28 2014

By Noel Randewich and Alexei Oreskovic

RANCHO PALOS VERDE California (Reuters) – Intel Corp introduced a walking, talking robot on Wednesday made from 3D-printed parts that will be available to consumers later this year, if they are willing to assemble it with a kit that costs around $1,600. Read more of this post

Taiwan’s Acer launches cloud computing drive in shift from PC reliance

Taiwan’s Acer launches cloud computing drive in shift from PC reliance

1:49am EDT

By Michael Gold

TAIPEI (Reuters) – Taiwan’s Acer Inc detailed its long-touted push into cloud computing on Thursday, as the struggling computer maker responds to a shrinking PC market by pitting itself against cloud leaders Amazon.com Inc and Google Inc. Read more of this post

Entrepreneurs to venture capitalists: We’re looking for 5 traits

Entrepreneurs to venture capitalists: We’re looking for 5 traits

May 23, 2014 3:30 PM
Ryan Caldbeck, CircleUp

I’ve met with dozens and dozens of VC investors over the years, both formally and informally. Some passed on my company. Others we passed on. I’ve also had hundreds of conversations with other entrepreneurs about their experiences with venture investors. These opportunities have given me a good understanding as to what makes a great (and not-so-great) venture capitalist. I also worked in private equity for years before starting CircleUp, and this experience has given me the added perspective of having sat on both sides of the table. Read more of this post

A Dozen Things I’ve Learned About Marketing, Distribution and Sales

A Dozen Things I’ve Learned About Marketing, Distribution and Sales

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1. “Most businesses actually get zero distribution channels to work. Poor distribution—not product—is the number one cause of failure.”  (Peter Thiel)  Legions of businesses fail every day because the people involved in the company do not know how to market, distribute and sell their goods and services. The right training can help a person understand that while potential customers don’t like salespeople, they do like to buy products and services. Knowing how to present a situation as an opportunity to buy and not an unpleasant experience with a salesperson requires skill.  While a lot of this post is about sales, physical distribution systems should not be forgotten. There are companies like McDonalds which owe their success more to their distribution systems than anything else. Great distribution systems can be a substantial part of a company’s moat, as is the case with Starbucks, Amazon and Costco. Read more of this post

The ASX’s two-strikes rule: If 25 per cent of shareholders reject two consecutive remuneration reports, the board can be dumped if 50 per cent of votes support the motion

Shareholders gagged by ASX rules

May 19, 2014

John Addis

Change needed: The ASX should require a vote on ‘company transforming’ initiatives, says John Addis. Photo: Bloomberg

Exhorting shareholders to think like owners of a business is one of the great tenets of value investing. And, by and large, it’s a good rule of thumb. The problems start when management, which should represent owners’ interests, go native. Read more of this post

Barbarians gather at the gate as foreign investors eye Penfolds, the mighty Australian whose flagship red is known simply as ”Grange”

Barbarians gather at the gate as foreign investors eye Penfolds

May 24, 2014

Eli Greenblat

With a takeover battle looming at Treasury Wine, Eli Greenblat looks at what structure is best suited to owning wine assets.

image001-1 Read more of this post

The music world may have found itself a new big villain: YouTube

The music world may have found itself a new big villain: YouTube

BY DAVID HOLMES 
ON MAY 23, 2014

Congratulations, Spotify and Pandora: You may no longer be musicians’ most hated tech companies.

Last Summer, the anti-Pandora rallying cry was at an all-time high. The Verge’s Greg Sandoval dubbed Pandora “music’s big villain.” Cracker’s David Lowery caused a major stir by penning the blog post, “My Song Got Played On Pandora 1 Million Times and All I Got Was $16.89.” And Pink Floyd wrote an editorial in USA Today accusing the streaming music service of “tricking artists” into signing a petition that would cut their already-miniscule royalty payments. Read more of this post

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

by Scully Wan – May 23, 2014

China’s most popular taxi calling apps Didi and Kuaidi have announced officially on May 16th and 17th respectively, that they will stop the payment subsidies program for passengers. However, they will keep subsidizing taxi drivers. Read more of this post

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

by Tracey Xiang – May 23, 2014

State-owned China Survey has been authorized to sell 11.8% stake in mapping company NavInfo to Tencent for RMB1.173 billion ($189). Now Tencent is the second largest shareholder in the company. Read more of this post

Israeli violinist maestro Ivry Gitlis explains origin of Israeli musical prowess

Updated : 2014-05-23 19:03

Gitlis explains origin of Israeli musical prowess

By Choi Hyun-soo

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Israeli violinist maestro Ivry Gitlis saidFriday that the turbulence of Jewishhistory has helped produce many ofhis compatriot musical virtuosos.  Read more of this post

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