WordStream has counted no fewer than 21 ways that Google is monetizing mobile.
In 2012, Google had its first $50 billion year. But with its massive investments in mobile, someday it might make that much just on the little plastic and metal devices we carry in our pockets. (Infographic)
The Avis acquisition of Zipcar suggests that the sharing economy has come of age.
Revolution made their first bet on the concept of sharing nearly 10 years ago with their investments in Exclusive Resorts (2003) and Flexcar (2005). The “sharing economy” now extends across multiple verticals – we’re sharing cars, movies, extra rooms in our homes, online lectures, and even our time. Yesterday Avis Budget Group announced that they will acquire Zipcar which marks a significant milestone for the concept of collaborative consumption.
Continue reading… “The ‘sharing economy’ is the next big thing”
Eliminating some unnecessary expenses and keeping an eye out for ways to save can help keep precious dollars at home.
The golden years of many retirees have been tarnished by low returns on investments and smaller nest eggs than they’d hoped. Meanwhile, longer life spans, increased expenses — particularly rising health care costs — plus a volatile stock market and low interest rates on savings have baby boomers facing tough choices.
Continue reading… “Cutting costs a new pasttime for retirees”
A new upsurge in funding in Canada.
Canada has been known to regularly bleed startups and entrepreneurs, who flock south to seek superior funding opportunities south of the border in hotspots like Silicon Valley and New York.
Continue reading… “Canada’s tech startup funding on the rise”
UBS, the world’s biggest non-U.S. private bank, said in 2008 it would discontinue offshore accounts for U.S. citizens.
Some of the world’s largest wealth-management firms are wanting American millionaires to go away ahead of Washington’s implementation of the Foreign Account Tax Compliance Act, known as Fatca, which seeks to prevent tax evasion by Americans with offshore accounts. HSBC, Deutsche Bank, Bank of Singapore and DBS Group all say they have turned away business.
Continue reading… “Foreign banks turn away U.S. millionaires”
Groupon’s headquarters in the former Montgomery Wards’ catalog warehouse.
The prospect of finding the next Facebook, Groupon or Twitter is driving the biggest rush of venture capital into the Internet start-up arena since dot-com mania first boomed and then fizzled more than a decade ago.