IN THE 50 years between the end of the American civil war in 1865 and the outbreak of the first world war in 1914, a group of entrepreneurs spearheaded America’s transformation from an agricultural into an industrial society, built gigantic business empires and amassed huge fortunes. In 1848 John J. Astor, a merchant trader, was […]
IF YOU want to understand how China innovates, look no further than its hyper-competitive market for smartphones. Though Samsung and Apple dominate the business globally, the technology superpowers are being squeezed in China by aggressive local manufacturers. Now Chinese firms are selling their handsets abroad in ever-greater numbers and a battle is set to be […]
There are a lot more to mobile apps than just Angry Birds. The best apps of 2014 are rethinking the way we consume news, socialize, create and consume art, call for help, comprehend scientific principles, and of course, approach our daily work. With the benefit of always being right there in our pockets, these streamlined […]
TechCrunch has learned that Airbnb, the fast-growing site that lets people become hoteliers by renting out sofas, rooms or entire private homes, has now closed its latest round of funding: $500 million, led by private equity firm TPG, at a $10 billion valuation, according to our sources. This brings the total raised by Airbnb to […]
Record companies are tracking download and search data to predict which new songs will be hits. This has been good for business—but is it bad for music?