Alibaba announced a massive $15 billion research ‘DAMO Academy’ project focused on R&D last month, and it is laying the groundwork for an office in Tel Aviv through a deal to acquire technology and talent from Israeli startup Visualead. Visualead developed a new kind of
The Brazilian government will invest 3 million reais a year ($920,000) in a program to internationalize startups. Dubbed StartOut Brasil, the program will select up to 15 ventures per immersion cycle to participate in “missions” abroad. The first mission will take place between December
The grainy resolution of current virtual reality headsets — even powerful ones like the Oculus Rift — isn’t likely to impress people used to watching an HDTV, let alone a 4K set. To change that, a Finnish startup called Varjo is working on a new VR headset design
Financial technology has been all the rage these days, and there’s no shortage of fintech startups popping up across the globe. However, investments have been slowing down, indicating that the industry is reaching saturation for certain verticals. As such, startups should expect stiff competition.
\ I was privileged to be a judge recently at a pitch event hosted by Angelou Economics where entrepreneurs born outside the US pitched their ideas and companies. Some ideas were half-baked, others solved problems too small to be of interest to investors but some startups