There are different reasons why startups succeed and fail. Many startups get acquired and begin to enhance the value of the acquiring firm.  A couple of years ago, the footwear and accessories retailer DSW announced it was acquiring Ebuys  for $62.5 million to enhance its eCommerce capabilities. On Tuesday, the retailer […]

DSW abandons and liquidates Ebuys

This week, Blackberry (NYSE: BB), the tech giant that ‘invented’ smartphones, filed a patent infringement lawsuit against Facebook, whatsapp and instagram in the Los Angeles federal court. Blackberry’s move highlights a number of significant issues with patents, including monetizing their ‘value,’ the investment in portfolio of patents, and their role […]

BlackBerry sues Facebook, WhatsApp, Instagram over patent infringement: What’s the ...

The Dubai Startup Hub, in partnership with Smart Dubai, launched the 3rd Dubai Smartpreneur Competition.This year, the competition is seeking business ideas in 3 categories, namely Blockchain, AI and Digital Transformation. Back for its third annual round, Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry, in […]

Dubai Startup Hub launches the Third Dubai Smartpreneur Competition

Ride sharing and ride-hailing services have revolutionized travel for millions of people and upended the business model of existing Taxi services. While the market is dominated by big names like like Uber and Lyft in North America and others like Ola in India, smaller players are also trying to carve […]

Ride-hailing startup Fasten announced shutdown

A few weeks ago, we saw an announcement of US Embassy launching the “Nexus Startup Hub In New Delhi” aiming to support a dynamic ecosystem for innovative Indian startups by sharing best practices in business and entrepreneurship and in incubation. Along the similar lines – foreign governments promoting and trying […]

German Indian Startup Exchange Program launched

In the past few months, we have seen a number of food-tech startups shut shop. Last month, the social media startup for Home Cooking, Josephine, announced it was shutting (link). This came a few months after the venture funded startup Yumist failed. This week, Indie Plate, the Baton Rouge, LA […]

Another food-tech startup bites the dust: Indie Plate shuts down

iDAvatars, a  startup that develops software for users to interact with virtual assistants has begun the process of shutting down operations after losing a key customer, the founder and CEO Norrie Daroga said Monday. The company was trying to create interactive mobile technology based on digital avatars with an ‘IQ’ […]

iDAvatars winds down operations

The US Embassy announced the launch of Nexus Startup Hub at the American Centre in New Delhi. Its aim is to support a dynamic ecosystem for innovative Indian startups by sharing best practices in business and entrepreneurship and in incubation. The Nexus Incubator offers selected startups unparalleled access to networks of industry […]

US Embassy Launches Nexus Startup Hub In New Delhi

Walmart continues its thrust beyond brick-and-mortar into digital space and the startup Spatialand announnced that it was being acquired by Walmart’s digital arm, Store No 8. Store No 8 is an innovation hub formed by the world’s largest retailer. It is designed to be a stand-alone entity and an innovation […]

Walmart continues digital push, acquires virtual reality startup Spatialand

China has some of the worst air pollution in the world. However, all this seems to be changing as China takes the lead in renewable energy. The country is now the world’s largest renewable energy investor. The Chinese government promises to spend $360 billion on clean energy projects by 2020, […]

China’s latest energy megaproject shows that coal really is on ...