Tuesday, April 24, 2012

Mathematic Proof That The Universe Had A Beginning [Space]

There are probably more theories floating around to explain the birth, life and death of the universe than for any other scientific concept. Some scientists champion the idea of the Big Bang that created everything around us, others postulate that that we live in a steady state universe with no beginning or end. Now, math has set one thing straight: our universe definitely had a start. More »


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Now That Google Has Cloned It, What?s Next For Dropbox?

Google DriveGoogle finally launched its long-rumored Google Drive online storage service today. This was probably one of Google's worse-kept secrets, so the launch itself wasn't much of a surprise to anyone - least of all Dropbox, which - until today - was pretty much synonymous with online storage for documents. If nothing else, Google Drive is a full-frontal assault on Dropbox on virtually every level. Google is not just massively undercutting Dropbox's pricing scheme, but thanks to integrating Drive with Docs, it is also able to offer far more features. With this kind of competition, the future doesn't look good for Dropbox.

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Coast Guard rescues 10 from burning fishing boat (Providence Journal)

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Video: WaPo: Wal-Mart Faces Criminal Investigation

The Washington Post is reporting that Wal-Mart is facing a federal criminal investigation by the Justice Department on charges that it bribed Mexican officials for years. CNBC's Eamon Javers; Tom Curran, Peckar & Abramson; and Alexandra Wrage, Trace, w...

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Wednesday, April 18, 2012

Polish IQ Partners backs personal finance management app ...

Polish IQ Partners backs personal finance management app Moneyzoom


Polish early stage venture capital fund IQ Partners invested in Moneyzoom.pl, a website and a mobile app that allows families manage their household budgets, reports MamStartup. The size of the deal was not disclosed.

Moneyzoom compares financial products and offer a number of saving tips. As a mobile app it became top three downloaded app in Polish appstore. The company now has 20 000 users but intends to acquire 150 000 accounts by the end of 2012 (in comparison Russian personal finance planning tool Zenmoney, which made it to the top five startups according to the Pruffi rating 2012, lists only 1638 active users). Moneyzoom plans to expand its personal expense tracking functionality, and automatic data aggregation.

Based in Warsaw, IQ Partners invested in total of 53 companies so far, and has made 9 partial exits.? Last year IQ Partners backed AntyWeb.pl, leading polish tech blog founded by Greg Marczak. The fund holds 27 percent of the equity in the online publication.

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Sunday, April 8, 2012

Russian opposition holds first Red Square protest

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