While Dragon’s Den has inspired many entrepreneurs to pitch to their ideas to investors, in real life the world of venture capital isn’t quite how it’s portrayed on TV. For a start, professional investors will never make an on the spot decision without knowing the background. Behind the scenes, even Dragons’ Den candidates undergo a due diligence process.
There's no question that between mobile, social, big data and cloud computing, there's a major transformation going on with enterprise tech, all thanks to startups. That means that many enterprise startups are raking in giant rounds of funding or getting ready to go public.
Amazon's first smartphone, the Fire phone, hits stores June 25, and comes bundled with a free year of Amazon Prime, which includes free shipping on thousands of items as well as a growing selection of free movies, books, and music.
Alibaba Group Holding Ltd (NYSE:BABA), Tencent Holdings ADR (OTCMKTS:TCEHY), and Baidu Inc (ADR) (NASDAQ:BIDU) are trying to expand into businesses that will grow due to increasing smartphone penetration in China.
STE. ROSE DU LAC, Man. — A pair of small-town firefighters are being hailed as heroes after rescuing a 12-year-old girl from a flooded creek northwest of Winnipeg.
The girl and her father were in a pickup truck Saturday night on a low-lying road, trying to cross a creek near Ste. Rose Du Lac.
Daryl Vandenbosch, the fire chief, says the road was flooded, the truck got stuck and the father and daughter got out and tried to get to safety.
A group of top US venture capitalists has written a letter to the US Congress opposing a bill aimed at cracking down on websites selling pirated and counterfeit goods.Some of the top names in Silicon Valley were among the signatories to the letter expressing concern about the Theft of Intellectual Property Act, known as the Protect IP Act or PIPA.The bill, which has the backing of Hollywood and the music industry, would give the US authorities more tools to shutter so-called "rogue websites" selling pirated movies, television shows and music and counterfeit goods.