Hong Kong Startup Contest Attracts 550 Entries – Forbes

Wealth managers enlist spy tools to map portfolios

Karen White, left, president and chief operating officer of Addepar, a wealth management company, and its chief executive, Eric Poirier, at company headquarters in Mountain View, Calif., July 16, 2014. Part of that program included a pitch contest which attracted entrepreneurs from around the world to compete for cash and in-kind services. During my interview with Draper I asked what Hong Kong could do to encourage entrepreneurship. Have more contests like this one! was Drapers immediate response. Draper went on to talk about how these startup contests attract media attention, allow entrepreneurs to meet, and provide exposure to investors. Several weeks ago Invest Hong Kong (InvestHK), a government organization tasked with promoting investment and entrepreneurship in Hong Kong, started accepting submissions for its 2014 StartmeupHK Venture Programme, and today InvestHK announced the program has attracted 550 entries from entrepreneurs in 47 countries. Mr Simon Galpin, InvestHKs Director-General of Investment Promotion, was clearly pleased with the results, stating I am happy to see the increasing popularity of our competition as evidenced by the almost 40 per cent increase in the number of entries submitted. He added I am also very pleased to see that the competition has reached more entrepreneur-led businesses in more overseas economies.

‘Fast Money’ Recap: Geopolitical Pressures Weigh on Stocks – Yahoo Finance

”Trying to figure out a yield, I’d work with a dozen different computer systems, with different interactions that people didn’t understand well,” he said. He then took a job with Palantir Technologies, a company founded to enable military and intelligence agencies to make sense of disparate and incomplete data. He went on to build out Palantir’s commercial business, managing risk for things like JPMorgan Chase’s portfolio of subprime mortgages.

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Jim Ross, SPDR ETFs Global head, discusses investors' rising use for ETFs and their move into fixed income. Ross also weighs in on financial advisors.

There were plenty of parallels between the two worlds, but instead of agencies, spies and eavesdropping satellites, finance has markets, investment advisers and portfolios.

The signs it’s time to pull out of Bitcoin investment

Auto sales have grown to a seasonally adjusted annual rate (SAAR) of 16.5 million while also posting six straight months of year-over-year growth. The company’s hydrogen fuel car is scheduled to debut in 2015. Read More: 8 Stocks George Soros Is Buying in 2014 Kelly said Toyota Motors should continue to benefit from the yen, but its hydrogen fuel cell car is unlikely to be the “Tesla killer.” Adami said he would rather be a seller than a buyer of Toyota as it approaches a huge double-top, which a bearish technical pattern. James Stewart, a columnist at The New York Times, was surprised by Twenty-First Century Fox’s decision to withdraw its bid for Time Warner .

According to a new report, a spike in searches for Bitcoins can be a good predictor of an imminent crash in its value. By studying the web activity and social media chatter generated by Bitcoins, a group of Swiss computer scientists have come to the conclusion that four key variables govern the way the virtual currency behaves. First is the size of the user base; second is the number of searches for information; third is the amount of information shared; fourth is the price. Using these four factors, the team at the Federal Institute of Technology in Zurich managed to find two positive feedback loops that steadily influence how much each bitcoin was worth. The first “reinforcement cycle” involves a spike in the amount of online searches being carried out around the currency. This leads to more chatter about Bitcoins, and in turn prompts a rise in its value. This makes a lot of sense — the more public attention something gets, the more people will invest and the more its price will surge.

Will BTC be a girl’s new best friend? | SiliconANGLE

All you have to do is scan with your ring to pay which means transactions would go faster and more people will be interested in using BTC for their everyday needs. The BTCring could potentially start a new trend that would make BTCs more easy to use. Already, thousands of restaurants and retail stores allow credit card payments via NFC. All you have to do is tap your card onto the machine to make your purchase.

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