(Bloomberg) -- Almost three decades ago, Sunil Vachani borrowed $35,000 so he could start making 14-inch television sets in a rented shed outside New Delhi. It was an unconventional choice given India, though renowned for software and services, had long lagged behind in manufacturing.Today, Vachani’s startup has grown into a sprawling electronics empire. His Dixon Technologies … [Read more...] about Upstart Surges 824% as CEO Bets on Phone Manufacturing in India
Finanace
Green Tech Could Create The First Trillionaire
Big tech has ignored green tech, but make no mistake: The world’s first trillionaire could well come from the green tech sector.And right now, while the only clear front-runners are Elon Musk--already the world’s richest person--and Bill Gates, the world’s second, the biggest redistribution of capital is probably still coming …It’s opening up massive new opportunities for the … [Read more...] about Green Tech Could Create The First Trillionaire
Hyundai, Kia Say Not in Car Development Talks With Apple
(Bloomberg) --Hyundai Motor Co. and its affiliate Kia Motors Corp. said that they aren’t in discussions with Apple Inc. on cooperating to develop a self-driving electric vehicle, following reports and speculation that they were working with the tech giant.The South Korean carmakers have been talking with multiple companies about autonomous electric car development, but no … [Read more...] about Hyundai, Kia Say Not in Car Development Talks With Apple
Could Scalable Payments for Bitcoin Undermine Its Value?
With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments.We’re not talking about small idealistic startups, either.A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to its payments network. He acknowledged that … [Read more...] about Could Scalable Payments for Bitcoin Undermine Its Value?
Test Drive of Ford’s Mach-E Electric Mustang
Barron's writer Al Root takes the Ford Mustang Mach-E for a spin. Al Root Text size Ford, the company that pioneered affordable personal transportation more than a century ago, has hit a home run for drivers and shareholders with its new all-electric … [Read more...] about Test Drive of Ford’s Mach-E Electric Mustang