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Silicon Valley startup pipeline needs ‘Drano’

  An entire library could be filled with books about how the bright minds in Silicon Valley find and fund the next Google or Facebook. But there are four basic steps to startup investing: 1) Persuade people to give you lots of money. 2) Use that money to buy shares in young companies. 3) Cash out those shares in an ...

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China’s currency policies need an overhaul

  The irony of the yuan rally that took bears by surprise last week was that the surge came just days before China announced that its foreign currency reserves shrank by $41 billion in December. The stockpile is now $3 trillion, a decline of more than $1 trillion since its peak in 2014. Authorities have been drawing upon the huge ...

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Google moves into virtual reality shopping with Tango

  Bloomberg Google is rolling out a real world application for its most ambitious virtual reality effort: letting shoppers see what they might buy without leaving home. The Alphabet Inc. unit introduced two new retail partnerships, with BMW and Gap Inc., deploying its 3D-scanning project called Tango. The technology uses cameras and sensors in mobile devices to overlay digital images ...

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