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Business

How Luck Affects Investing in Startups

Loknath Das 21 Dec 2017 706 Views

Suppose you were given $1 million to invest equally across ten start-up companies and you were told that you would receive $100 million if all ten failed and lost your entire investment. Are you sure you could lose all of your money? This seemingly bizarre question highlights an important point ... Read More »

Business

Small Business Favorite GetResponse Announces $30M Investment in U.S.

Loknath Das 21 Dec 2017 804 Views

A direct marketing platform already very popular among U.S. small businesses is expanding its business domestically with a huge new investment. GetResponse, the European-based online marketing platform, is increasing its U.S. operations with a big investment and a new Boston office to better serve American small businesses. GetResponse Opens an Office ... Read More »

Business

What is ROI, or Return on Investment?

Loknath Das 21 Dec 2017 769 Views

We bandy acronyms about so much that sometimes we assume everyone knows what they mean. Take the acronym ROI. While experienced business people may have an idea of what that means, I’ve had new entrepreneurs and non-native English speakers sheepishly ask me, “What is  ROI?” ROI stands for “return on ... Read More »

Business

What Gujarat election results mean for business, economy, reforms and markets

Loknath Das 19 Dec 2017 923 Views

Prime Minister Narendra Modi flashing a victory sign outside parliament on Monday. Trends from Himachal and Gujarat election results show that the BJP is set to form the government in both the states. Photo: ANI/Twitter Mumbai: The Bharatiya Janata Party’s (BJP’s) victory in Gujarat is being seen as a vindication of ... Read More »

Business

Leaked Mashable documents show how bleak things were before Ziff Davis came to the rescueLeaked Mashable documents show how bleak things were before Ziff Davis came to the rescue

Loknath Das 19 Dec 2017 728 Views

Mashable’s sign in their New York office. Mashable was in deep trouble financially before it sold for far below its one-time valuation of $250 million, according to documents reviewed by Business Insider. The company was heavily reliant on digital media advertising revenue, the documents show. It also lost $4.2 million in the three ... Read More »

Business

Old Mutual to sell asset management business for £600m

Loknath Das 19 Dec 2017 990 Views

The financial services giant is selling its single strategy asset management business for around £600m Old Mutual is to sell its single strategy asset management business to private equity firm TA Associates and the unit’s management team, which includes star fund manager Richard Buxton, for an expected £600m. The FTSE 100 finance ... Read More »

Technology

iOS 11.1 Issue Autocorrects ‘i’ to ‘A’; Apple Details Workaround Ahead of Fix

Loknath Das 16 Dec 2017 814 Views

HIGHLIGHTS Apple has released a three-step guide to manually fix issue The issue changes the letter “i” to letter “A” An update with its fix is likely to be rolled out soon Some users with iPhone, iPad, and iPod touch running iOS 11.1 have reported an annoying issue that autocorrects ... Read More »

Technology

Broadcom Offers to Buy Mobile Chipmaker Qualcomm for $103 Billion

Loknath Das 16 Dec 2017 692 Views

Communications chipmaker Broadcom Ltd on Monday said it offered to buy smartphone chip supplier Qualcomm Inc for $70 per share or $103 billion (roughly Rs. 6,66,116 crores) in cash and stock, in what would be the biggest technology acquisition ever. A tie-up would combine two of the largest makers of wireless communications chips for mobile phones ... Read More »

Technology

Apple’s $120 Million Patent Award From Samsung Upheld by US Supreme Court

Loknath Das 16 Dec 2017 961 Views

The US Supreme Court on Monday refused to step back into the years-long feud over patents between the world’s top smartphone makers, declining to hear Samsung’s appeal of a lower court ruling that reinstated a jury award of about $120 million (roughly Rs. 776 crores) in favour of Apple. The justices left in place a ... Read More »

News

The health care merger arms race

Loknath Das 14 Dec 2017 1183 Views

Illustration: Lazaro Gamio / Axios The health care industry has leapt into an arms race of mergers and acquisitions — but it’s not clear whether, or how much, those deals would ultimately benefit patients. Why it matters: Executives say the deals will save money and improve care. But independent research does not support those claims, and the ... Read More »

Health

Failure to rehouse Grenfell survivors ‘could worsen mental health’

Loknath Das 14 Dec 2017 751 Views

Commuters walk past the remains of Grenfell Tower in west London. Photograph: Andy Rain/EPA Survivors of the Grenfell Tower disaster are facing a new wave of post-traumatic stress with their chances of treatment hampered because so many victims remain homeless, experts and victims’ representatives have warned. Six months after the ... Read More »

Health

With no deal on children’s health plan, U.S. states scramble for Plan B

Loknath Das 14 Dec 2017 1032 Views

NEW YORK/WASHINGTON (Reuters) – For Nancy Minoui of Portland, Oregon, and Crystal Lett of Dublin, Ohio, Congress’ failure to fund the Children’s Health Insurance Program is not some distant tale of political wrangling. For Minoui, it’s about how to provide care for her daughter, Marion Burgess, born last Valentine’s Day ... Read More »

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