Cotton On co-founder Tania Austin keen to accelerate growth at her new chain Decjuba

Caitlin Fitzsimmons Online editor

Cotton On co-founder Tania Austin keen to accelerate growth at her new chain Decjuba

Published 08 March 2014 00:01, Updated 08 March 2014 00:06

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Tania Austin bought Decjuba because she’s not the kind of person who could spend her day “sitting around having coffee and cake” Read more of this post

‘Better to cannibalise myself than wait for others to do it’: Getty Images founder offers free access to stock photos

‘Better to cannibalise myself than wait for others to do it’: Getty Images founder offers free access to stock photos

Published 07 March 2014 10:08, Updated 07 March 2014 12:06

James Cottam

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Getty Images co-founder Jonathan Klein (pictured here at the Sochi Winter Olympics for which Getty was official photographic agency) is confident that social media’s youthful users of today will become the professional image purchasers of the future. Read more of this post

The Saïd family made its fortune in large infrastructure projects in the Middle East, but second-generation Khaled Saïd realised early on it was overseeing the family’s portfolio that he had an eye for.

KHALED SAID: PUZZLES AND PASSION

ARTICLE | 6 MARCH, 2014 10:14 AM | BY NICHOLAS MOODY

As a boy growing up in the UK, Khaled Saïd loved puzzles, maths and “figuring things out”. His father, Wafic, had made much of his fortune building significant infrastructure projects in the Middle East during the 1970s and 1980s. But Saïd, 38, had always been interested in the portfolio side of Saïd Holdings, which his father founded in 1987. Solving where he could fit into his family’s business was one more puzzle he had to “figure out”. Read more of this post

‘Mofia’ on the wane under Korean president Park

2014-03-07 17:55

‘Mofia’ on the wane under Park

By Kim Tae-gyu
President Park Geun-hye has been criticized for poor personnel choices after a number of people she appointed to key posts were sacked or had to quit for a variety of reasons. Read more of this post

Worrisome suicide surge in Korea

2014-03-07 17:30

Worrisome suicide surge

Unfortunately, Korea is second to none when it comes to suicides. It appears that not a single day passes without news reports on unusual suicide deaths, and this is all the more so recently. Read more of this post

‘The gold rush is over’: Don’t quit your day job just for an app idea, Toronto developer warns

‘The gold rush is over’: Don’t quit your day job just for an app idea, Toronto developer warns

Michael Oliveira, Canadian Press | March 6, 2014 | Last Updated: Mar 6 5:56 PM ET
TORONTO — Convinced you’ve got a brilliant app idea that would surely make you rich if you could just learn to code?

Think again before quitting your day job, warns Matt Coombe, co-founder of the Toronto-based app development company Get Set Games. Read more of this post

Jilted U.S. Investors and Debtors on the Run; The money trail from a defunct Chinese drug company has led an American bond investor down a winding road

03.07.2014 14:49

Jilted U.S. Investors and Debtors on the Run

The money trail from a defunct drug company has led an American bond investor down a winding road Read more of this post

The Founder Of WhatsApp Posted This Unassuming Note In A Forum Five Years Ago

The Founder Of WhatsApp Posted This Unassuming Note In A Forum Five Years Ago

CAROLINE MOSS TECH  MAR. 7, 2014, 8:06 PM

A few weeks ago, Facebook rocked the tech world with news that it was buying popular chat app Whatsapp for an insane $19 billion dollars. Read more of this post

How GE Gives Leaders Time to Mentor and Reflect

How GE Gives Leaders Time to Mentor and Reflect

by Raghu Krishnamoorthy  |   11:00 AM March 6, 2014

It is 6:00 a.m. David is starting his first day as the “leader in residence” at Crotonville, GE’s global leadership institute, with a jog around the running trail with a couple of twenty-somethings who are half his age and might be five levels below him on an org chart. Their run is companionable; their discussion, candid. It is a serendipitous moment of connection that the three will always share. Read more of this post

Wearable tech: the small British companies taking on Samsung and Google

Wearable tech: the small British companies taking on Samsung and Google

Wearable technology has been touted as the ‘next big thing’ in consumer electronics. Sophie Curtis meets some of the British start-ups taking on the technology giants of Silicon Valley. Read more of this post

Auto industry ponders robot-car liability

Last updated: March 6, 2014 7:16 pm

Auto industry ponders robot-car liability

By Chris Bryant in Frankfurt and Henry Foy in London

Who is to blame if your self-driving car crashes? The automotive industry is trying to answer this somewhat futuristic question, according to the chief executive of parts supplier ContinentalRead more of this post

Flickr co-founder launches Findery app to be the “Google of where”

Flickr co-founder launches Findery app to be the “Google of where”

March 6, 2014 4:00 pmby Hannah Kuchler

A Flickr co-founder has been quietly compiling a map of the world’s stories in an attempt to transform location-based apps from drab star-based ratings and recommendations into a lively map packed with history, culture and personal tales. Read more of this post

Tata Motors in talks over China tie-up

March 6, 2014 4:57 pm

Tata Motors in talks over China tie-up

By Avantika Chilkoti and James Crabtree in Mumbai

Tata Motors is conducting talks in China over potential tie-ups in the world’s biggest car market, in a sign that the Indian carmaker is looking to turn round its flagging fortunes through international growth. Read more of this post

David Peterson invents languages for sci-fi and fantasy dramas such as ‘Game of Thrones’; linguistic construction should be taught at school

March 6, 2014 4:30 pm

Seven words for sword thrust

By Emma Jacobs

When he was a student in linguistics and English at the University of California, Berkeley, David Peterson worked on a secret language for two months. It was called “Megdevi”. This was an amalgam of both his own name and Megan, his girlfriend at the time. Once satisfied with his new words and grammar rules, he presented it to her. It was his grand romantic gesture: a private language they could use to communicate only with each other. Read more of this post

Financial engineers feast on Premier Foods; In 2004 Premier was valued at nearly £1.5bn. Last year Premier flirted with disaster. now a confection of massive rights issue, share placing, high-yield bond and £300m credit facility

March 7, 2014 8:06 am

Financial engineers feast on Premier Foods

By Neil Collins

Bankers and brokers collect fat fees for reconstruction package

If anyone doubted there is more money to be earned shovelling capital about than actually making things, then the saga of Premier Foods should disabuse them. True, there is a happy ending, of sorts, for the shareholders, but the real happiness is shared among the bankers and brokers who charged for putting the business together and are now collecting saturated fat fees for rescuing it. Read more of this post

Social mobility: a family affair; ‘We are all creatures of our social environment. Wealth generally begets more wealth’

March 7, 2014 12:05 pm

Social mobility: a family affair

By Gillian Tett

‘We are all creatures of our social environment. Wealth generally begets more wealth’

When I was a child growing up in England three decades ago, I was confronted with the visual evidence of social mobility every day – but of the downward, not upward, type. Read more of this post

Beware the false reassurance of corporate probes; Directors do not like to embarrass themselves by exposing serious problems, writes Carson Block

March 6, 2014 6:20 pm

Beware the false reassurance of corporate probes

By Carson Block

Directors do not like to embarrass themselves by exposing serious problems, writes Carson Block

When it comes to defending themselves against accusations of wrongdoing, management teams and their complacent boards follow a well-worn routine. Their immediate reaction is to issue a blanket denial and announce that an independent committee of directors will investigate the accusations. The committee duly appoints an independent law firm to oversee the investigation, and the consulting arm of a Big Four accountancy to pore over the books. Read more of this post

Once, all you needed to succeed in the music business were a pair of golden ears and some hustle. Now, it also takes mountains of data.

The Sweet, Streaming Sound of Data

By BEN SISARIOMARCH 6, 2014

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Daniel Ek, chief of the music streaming service Spotify, which has bought a company that analyzes music consumption patterns

Once, all you needed to succeed in the music business were a pair of golden ears and some hustle. Now, it also takes mountains of data. Read more of this post

Alibaba’s internet fund product Yu’ebao hits setback as three major banks refuse transactions

Yu’ebao hits setback as three major banks refuse transactions

Xinhua and Staff Reporter

2014-03-07

Yu’ebao, China’s most popular internet fund product, is in hot water as three state-owned banks have reportedly halted interbank deposit business with the fund manager Tianhong, a division of Alipay. Read more of this post

Alibaba said to have bought 20% stake in Wasu Media for US$1bn

Alibaba said to have bought 20% stake in Wasu Media for US$1bn

Staff Reporter

2014-03-07

Chinese e-commerce giant Alibaba Group has reportedly acquired a 20% stake in Wasu Media Holding Co worth about US$1 billion, the Guangzhou-based 21st Century Business Herald reports, citing market speculation after Wasu issued a statement on Tuesday to suspend trading. Read more of this post

As China privatises, foreigners likely to be kept out

Updated: Friday March 7, 2014 MYT 12:28:54 PM

As China privatises, foreigners likely to be kept out

SHANGHAI: As China embarks on a new wave of opening up state-dominated industries to private capital, foreign firms will largely be kept out and authorities are likely to look to institutions like domestic pension funds and insurers. Read more of this post

Indian shares hit record highs on hopes of new government

Indian shares hit record highs on hopes of new government

POSTED: 07 Mar 2014 23:08
India’s shares hit fresh a lifetime peak on Friday, boosted by easing strain on public finances and hopes a pro-business government would soon be elected to bring economic growth back on track. Read more of this post

New perspectives on Strategy: “Intellect Inside: How to do more than simply sell your products?” by Philippe Very, Professor at EDHEC Business School

New perspectives on Strategy: “Intellect Inside: How to do more than simply sell your products?” by Philippe Very, Professor at EDHEC Business School

Philippe Very, Professor of Strategy at EDHEC Business School, and Eric Hanoune in charge of Marketing Virbac’s Services Offer, have combined their expertise once again in a new position paper entitled “Intellect Inside – or how to do more than simply sell your products”. Read more of this post

Don’t Let Workplace Feedback Crush You

Don’t Let Workplace Feedback Crush You

By Drake Bennett March 06, 2014

“How’m I doin’?” Ed Koch, the late mayor of New York, would famously shout to his constituents. Cynics say the tic was rhetorical, that hizzoner wasn’t really interested in anything but praise. And judging from American bookstores, Koch was before his time. The nation is obsessed with feedback—how to give and receive it without descending into awkwardness or crushing self-esteem. “One in four employees dreads their performance review more than anything else in their working lives,” write Douglas Stone and Sheila Heen in their book, Thanks for the Feedback, out on March 4. That’s why some companies now refer to it in more euphemistic terms: the “performance appraisal” process or, worse, a “midyear check-in.” Read more of this post

Cancer-Spotting Goggles Help Surgeons Remove Diseased Cells

Cancer-Spotting Goggles Help Surgeons Remove Diseased Cells

By Caroline Winter  March 06, 2014

Innovator: Samuel Achilefu
Age: 51
Professor of radiology and biomedical engineering at Washington University in St. Louis.

Form and function: When surgeons remove a tumor, diseased tissues can be difficult to distinguish from healthy ones. A fluorescent marker and special goggles make cancer cells appear to glow under infrared light, so surgeons have an easier time excising them. Read more of this post

Silicon Valley Hears Echoes of 1999

Silicon Valley Hears Echoes of 1999

By Leslie Picker March 06, 2014

Not many executives have seen their companies double in value in one day. Peter Bardwick has seen it twice. Bardwick was chief financial officer of financial news site MarketWatch when it started initial trading on Jan. 15, 1999, at $17 a share. By day’s end it hit $97.50, for a market value exceeding $1 billion. Fourteen years later, on Sept. 20, 2013, Bardwick, now CFO of digital advertising firm Rocket Fuel (FUEL), watched its stock almost double in value on its first day of trading. Read more of this post

Ask a Billionaire: James Dyson on Dealing With Failure

Ask a Billionaire: James Dyson on Dealing With Failure

March 06, 2014

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James Dyson
Founder and chief engineer, Dyson
Net worth: $4.4 billion

What’s your strategy for dealing with failure? Read more of this post

From Tesla to Dunkin’ Donuts, One Firm’s Quest to Fine-Tune the World; Valor Equity Partners upgrades mass-market restaurant outlets with the same lean-manufacturing zeal that enabled it to help make Tesla viable

From Tesla to Dunkin’ Donuts, One Firm’s Quest to Fine-Tune the World

By Ashlee Vance February 28, 2014

At a Little Caesars in Salt Lake City, the pizza making process is executed with precision. The employees receive a worksheet each morning that breaks their day down into 30 minute chunks. From 11:30 a.m. to noon, they’re instructed to have 10 pepperoni, four cheese, two Hawaiian, and three Meat Treat pizzas ready, along with an order of Buffalo wings and 22 sticks of Crazy Bread. During the busiest time, 6:00 to 6:30 p.m., they need 67 pepperoni, 39 cheese, six Hawaiian, and eight Meat Treat pizzas along with three orders of wings and 77 sticks of crazy bread. A college-age kid stands with a headset on and barks out orders–“Two Pep!” “Four Meat!”–to frenetic workers. The goal is to have the product ready and waiting. “People still call and place orders, but it doesn’t really matter,” says Mark, the store’s coach. “We’re already making the pizza, anyway.” Read more of this post

In China, FedEx and UPS Wait for Regulators to Renew Permits

In China, FedEx and UPS Wait for Regulators to Renew Permits

By Bruce Einhorn  March 06, 2014

This is a good time to be in the package delivery business in China. Last year, Chinese bought 1.85 trillion yuan ($300 billion) worth of goods online. There were 9.2 billion deliveries in 2013, a 60 percent increase, worth 143 billion yuan, according to the Xinhua News Agency. Only the express delivery market in the U.S. is bigger. Read more of this post

World’s Biggest Arms Importer, India Wants to Buy Local

World’s Biggest Arms Importer, India Wants to Buy Local

By GARDINER HARRISMARCH 6, 2014

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In a joint venture with Sikorsky, Tata builds cabins and parts for the S-92 helicopter at the Hyderabad plant. CreditGraham Crouch for The New York Times Read more of this post