Yahoo considers selling Asian assets, continues fickle CEO search
Yahoo’s board is considering selling its holdings of Alibaba Group and its Japanese affiliate back to the majority owners, a move that would score the company around $17 billion as it tries to find solid footing in troublesome year.
Yahoo has been shaky in 2011 with falling revenues and uncertainty after the firing of CEO Carol Bartz. A cash infusion and and restructuring of assets might be just the thing to help the company find … Continue Reading
DEMO Asia is holding auditions — beginning today!
In Feb-March of next year, I’m heading to Singapore to attend DEMO Asia, a new event we’ve created to showcase the most disruptive technology companies in the Asia Pacific region.
Our DEMO partners in Asia are doing an excellent job revving up for the event.
Now they’ve opened the application process for companies seeking to launch there Feb 28-Feb 2. Many of these will be startups from Singapore and from surrounding countries such as Indonesia … Continue Reading
Can Asia out-innovate America?
Go East, young entrepreneur! The chance to become rich and famous with a startup is no longer just an American dream. It’s happening in Asia too, as talent, energy and resources flow from the U.S. to the east.
Venture capital investment in Asia has nearly tripled in the past five years to $15.6 billion. China has leaped ahead to become the world’s second-largest venture market at $7.6 billion investments, while India has climbed to third … Continue Reading
Kohlberg Kravis Roberts is raising a new $6B fund for Asian investments
Kohlberg Kravis Roberts (KKR), a private equity fund, is looking to raise $6 billion to establish a new pool for Asian startups.
Reuters reports that the new funding will be raised during the beginning of 2012 and that the firm had originally planned to raise $4 billion but will now be aiming as high as $6 billion.
Already, KKR represents the largest Asian-focused fund from a private equity firm. The firm maintains a $4 billion … Continue Reading
Asian markets take a dive as panic spreads
The world financial markets continued to tumble early Tuesday morning, as stock markets in Asia opened sharply lower.
South Korea’s market fell 5.2 percent, while Hong Kong’s main market index was down 6 percent. The Nikkei 225 Inex in Japan was down 2.7 percent. Taiwan, Australia and Indonesia also fell. If stocks keep falling around the world, that could undermine the confidence that is crucial to any recovery in the U.S. and in tech stocks.… Continue Reading
Why GE's green road to Asia goes through Oz
GE announced a smart grid acquisition today, the purchase of Australia-based Opal Software. It’s a move that expands the company’s smart grid software portfolio but also gives GE a pathway into the lucrative Chinese market by having a presence in the Asia-Pacific region.
Opal’s operations in Canberra, Australia’s capital, give GE a platform from which to test products in a developed country with a supportive stance on clean energy while building ties within Asia.
“By … Continue Reading
Vivo Ventures aims for Asia investment with $275M fund
GE announced a smart grid acquisition today, the purchase of Australia-based Opal Software. It’s a move that expands the company’s smart grid software portfolio but also gives GE a pathway into the lucrative Chinese market by having a presence in the Asia-Pacific region.
Opal’s operations in Canberra, Australia’s capital, give GE a platform from which to test products in a developed country with a supportive stance on clean energy while building ties within Asia.
“By … Continue Reading
