Startup News
Surprise! Biggest Winner Of Black Friday Money Haul
Forbes - 30 Nov 2013 07:33
Who was the big winner of this year's expanded Black Friday money haul? Macy's, Target, J.C. Penny? How about the U.S. economy, Walmart (despite protests), or even Bitcoin as it goes mainstream? What about consumers who ...
Caymans & Costa Rica Sign U.S. Tax Evasion Pact---FATCA Gets Even Fatter
Forbes - 30 Nov 2013 23:23
Caribbean and Central American havens are often thought to be less rigorous in their observance of banking and tax laws than European nations like Switzerland. Of course, Swiss banking has experienced a sea change sin...
The MOOC Marketplace Takes Off
Forbes - 30 Nov 2013 20:59
The MOOC market (Massive Open Online Courses) has exploded. This month Coursera landed another $20M in funding, bringing their total investment to $63M (even more than edX's original $60M funding by MIT and Harvard)....
Boxer Manny Pacquiao: "I Am Not A Criminal Or A Thief"
Forbes - 30 Nov 2013 04:36
Boxing has rules. So do laws, even tax laws. Yet famed Filipino boxer Manny Pacquiao can cry foul. As he tries to work out a tax dispute, the world-champion boxer and icon of the Philippines had accounts in two banks f...
Protecting The Downstream Entities Against The Upstream Ones: Huber II
Forbes - 30 Nov 2013 23:57
When we last departed the case of In re Huber, a bankruptcy proceeding in Washington state, the Court had quite predictably applied Bankruptcy Code Section 548(e) to slice through an Alaska Asset Protection Trust like so...
Fed Up With Bitcoin? Here's How To Start Your Own Currency
Forbes - 30 Nov 2013 20:22
Back in analog eras, even the most powerful people had a tough time starting their own currency. It would have taken a fair bit of wealth to begin with, because most legal tenders were tied to something real, like gold o...
Wall Street: What Could Spoil The Party?
Forbes - 30 Nov 2013 19:34
The Wall Street party seems unstoppable. The S&P500 (NYSE:SPY) and the Dow Jones Industrials (NYSE:DIA) reach one new high after another; NASDAQ (NASDAQ:QQQ) is racing towards the old pre-dot.com crash levels; and a numb...
UK startup equivalent of Mint.com receives $4m investment to expand online personal money management
Forbes - 30 Nov 2013 04:11
Personal money management startup Money Dashboard has received a $4 million investment led by Calculus Capital, a specialist in creating and managing private equity funds for individuals.
When The American Dream Arrives On A Laptop
Forbes - 30 Nov 2013 03:31
Imagine you are an energetic young web developer trying to launch your business in developing economy that's off the beaten path for startups. You figure out early that to earn the best rates, you need to target customer...