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Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. This, however, could be a mistake.

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Report: Companies Say Amazon Accessed Proprietary Info To Make Its Own Products

PYMNTS

Four years ago, the eCommerce giant’s venture capital fund invested in the Seattle-based company and gained access to the technology startup’s finances and other confidential information. In 2010, Amazon invested in LivingSocial , the daily deals website, gaining a 30 percent stake, the WSJ reported.

Company 205
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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

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The number is the highest since 2010’s 44 percent, the index says. Technology groups have powered the buoyancy of those firms, the Financial Times reported. That group has seen a 129 percent gain and its market capitalization has hit over $14 billion, the Financial Times wrote, over $5 billion ahead of the runner up.

US 175
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Cognitive Technology: A shelter in the storm of regulatory change

Insights on Business

It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer. This is capital that cannot be deployed elsewhere or used to create value. Companies require cognitive systems that can learn and adapt.

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Discount eCommerce Platform Wish Files $1B IPO

PYMNTS

Additional participants include Citigroup, Deutsche Bank, UBS Group, RBC Capital Markets and Credit Suisse Group. The Silicon Valley company was co-founded in 2010 by former Google engineer Peter Szulczewski, who serves as chief executive officer and controls 65.5 Goldman Sachs, J.P. percent of the company.

Groups 159
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Marqeta Expanding Overseas, Sets Up Shop In The UK

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financial technology startup backed by Goldman Sachs , is expanding overseas. and the rest of Europe are attractive markets for Marqeta because of the growing number of digital-only banks and FinTech startups located in Europe. “We These FinTechs are acquiring more market share in the U.K. Marqeta , a U.S. percent in the U.S.

Las Vegas 142
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Smartwatch And AI Startup Mobvoi Close To $1B Valuation With Google’s Help

PYMNTS

Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010. It’s also backed by Sequoia and Zhenfund, and it’s one of a slew of companies trying to attract market share away from Apple and other tech giants. It’s targeting China’s new tech board for the IPO.

Google 152