Nicholas Charles Statman

Reduce the Hype, and Find a Plan: How to Adopt an AI Strategy

Investment in AI is moving forward, according to a recent Gartner survey. Organizations that have initiated AI strategies reported that now they have four projects with plans to add six more apiece on average in the next 12 months. They expect to add another …

The chilling economic effects of Brexit uncertainty are intensifying

SINCE BRITAIN voted to leave the European Union (EU) in June 2016, Leavers have been gloating. Despite the Remain camps dire predictions, the economy seemed to trundle on well enough. But the crowing is dying down. Figures released on August 9th showed that B…

How much money you need to retire at 65 and live on investment income alone till 90

Americans may be working longer than ever, but many younger workers still aim to commence their golden years around age 65, according to a 2018 Gallup poll. To find out exactly how much you’d need to invest to retire at 65, we consulted Brian Fry, a certif…

Twitter invests in ShareChat, an Indian social network for regional language users

Twitter announced today it has invested an undisclosed amount into ShareChat, an Indian social media app for local languages. The company led the investment round of $100 million along with TrustBridge Partners, Shunwei Capital, Lightspeed Venture Partners, S…

World Leaders’ G7 Expectations: A Nice Chat, Some Good Wine, No Unity With Trump

Manufacturing output is contracting worldwide, driven by slowdowns in Europe, the United States, China and Japan. Trade activity is also falling, as Mr. Trump and China escalate theirtariffs on each other. Germanys economy shrank in the spring. The trade war…

The trade war is leading some firms to crimp investment

THERES TARIFFS on games and tariffs on toystry explaining tariffs to your little boy. Santas workshop is struggling, youll find yourself saying. I think the reindeer are backed up with their sleighing. Wendy Lazar, who runs a company called I Heart Guts, subm…

No-deal Brexit risk rises to 35%: JPMorgan economists

LONDON (Reuters) – There is now a more than one-in-three chance that Britain leaves the European Union on Oct. 31 without a deal in light of Prime Minister Boris Johnson’s move to suspend parliament, economists at U.S. investment bank JPMorgan (JPM.N) said on…

Amazon is acquiring 49% stake in India’s Future Coupons

Amazon, which has invested over $6 billion in India’s growing internet market, just invested a little more to expand its foothold in the the world’s second largest internet market. The U.S. e-commerce giant is acquiring a 49% stake in Future Coupons, a group …

A.Capital Partners, founded by Ronny Conway, targets $140 million for its third fund

Silicon Valley investor Ronny Conway is raising his third early-stage venture fund, shows a new SEC filing that states the fund’s target is $140 million and that the first sale has yet to occur. The now six-year-old firm, A.Capital, focuses on both consumer …

Renewable Energy Is a Hot Spot for Startup and Investment Opportunities

August 28, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. A variety of innovations have come to the fore in recent years that could potentially revolutionize the world’s energy technology. Along with that, there has been an…