Sunday December 22, 2024

Brazil’s Nubank Raises $30M Led By Tiger To Build Out Its Mobile-Based Credit Card Business

 Brazil is one of the world’s fastest growing mobile markets, with 90 million smartphones in circulation among a population of about 200 million, and today a fin-tech company that has focused on catering to that growing group of users has raised a significant round of funding. Nubank, which has developed a platinum Master Card credit service […]

Intel-Altera Deal Marks Second Big Chip Company Merger In Less Than A Week

 This morning Intel confirmed it had bought Altera, maker of programmable chips, for $16.7 billion. That may seem like a big number until you consider that Avago Technologies Ltd. bought wireless-chip maker Broadcom last week for $37 billion. It’s a good week to be in the chip business. According to published reports, the deal has been in […]

Labs And Incubators Fuel Enterprise Innovation

 Change doesn’t come easily to large organizations. Over time they have established a firm set of core business processes to give  them the structure to manage massive workforces, which makes sense, but it also means they lack the agility of smaller companies. They have created systems to provide safe and effective ways of doing business, which protects companies from chaotic… […]