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China starts CNY 40 bln fund for tech startups

2015-01-16 09:14:00| Telecompaper Headlines

(Telecompaper) The government of China is launching a new CNY 40 billion (USD 6.5 billion) venture capital fund to invest in seed-stage tech startups, the Financial Times reported. The fund will include capital from the government as well as from private investors. It will support the development of emerging industries, which the government said it hopes will translate into greater economic growth. The fund, announced by the State Council on 14 January, is part of a larger government effort to wean the economy off its dependence on fixed asset investment in infrastructure and property, and also to foster new opportunities for private sector companies.

Tags: china tech fund starts

 

Watch: Adidas, Athos Sued Over Smart Shirt Tech

2015-01-15 02:31:30| Apparel - Topix.net

Sarvint says it holds two patent for shirts and sports bras that use fibers or threads that pick up biosignals Earlier this week, Atlanta-based Sarvint Technologies filed complaints against pretty much every company making smart clothing, from Ralph Lauren and Adidas to Athos and even Victoria's Secret. Sarvint alleges that it holds two patents that essentially don't allow anyone else to make shirts or sports bras that use fibers or threads that can pick up biosignals, such as heart rate and respiration rate.

Tags: watch tech smart shirt

 
 

Googles Project Ara update: New partners, inductive data transfer, and cutting-edge battery tech

2015-01-14 19:00:16| Extremetech

Google released a major update for its Project Ara platform today, with additional information on the modular platform's upcoming capabilities, flexibility, and long-term market plans. The company will test the device in Puerto Rico later this year in preparation for a possible commercial launch.

Tags: data project update partners

 

Acura NSX, Ford GT, and the other top tech cars of the 2015 Detroit auto show

2015-01-14 14:30:10| Extremetech

In the era of $2 gas, lots of supercars at NAIAS. But also enough hybrids and plug-ins for when gas heads back to $4 a gallon.

Tags: the top show auto

 

Degree-free IT: Can college-skippers thrive in tech?

2015-01-14 14:17:47| Airlines - Topix.net

With college costs sky high and the IT job market red hot, some techies are skipping the sheepskin and heading straight to work. Is that a smart move or short-sighted? Mike Samaras has worked steadily in IT for a decade, starting when he was 17 and fresh out of high school.

Tags: tech thrive

 

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