CompareAsiaGroup, a consumer finance startup backed by Goldman Sachs Investment Partners, has appointed Sam Allen as its new chief executive officer. Allen previously worked at KKR, where he was a director on the private equity investment firm's portfolio operations team. Read MoreSource: TechCrunch
Cocaine Clinton?
Land grab! Net neutrality! Imperialism! There was a lot of justified outrage (and perhaps delight) when Mark Zuckerberg's dream of bringing the Internet to rural Indians came crashing down recently, fueled by the 11 million people who contacted the Telecom Regulatory Authority of India in protest and 457 companies and more than 800 startups that signed letters vehemently opposing…
Everybody likes a good fitness tracker, but nobody is thinking about the children. The poor dears are being left out of the wearable revolution — looks like it's up to Adidas to put a gadget on every wrist and a smile on every PE teacher's face.
Collaborative Fund is launching a new fund today. Called the Collab+Consumer fund, it's part of Collaborative Fund's third $70 million fund that's geared toward finding companies that make consumer goods — like food and clothing. To be sure, the space is heating up. There are emerging companies focused on single products and businesses, like coffee shops that…
The sophisticated neural networks underlying systems like Google's Deep Dream and all manner of interesting experiments require a great deal of computing power. Nvidia proposes to put all that horsepower in a single box, specially engineered to meet the needs of AI researchers.
There is nearly as much confusion as there is excitement about augmented and virtual reality. While VR could be big and AR could be bigger (and take longer), there are more questions than answers out there. I'll be doing a deep dive on one aspect of AR/VR every month. This month we're kicking off with business models. AR/VR hardware sales, e-commerce sales, ad spend and mobile…