the-established Archives

Despite protests, slog more likely than radical change in Brazil

August 17, 2015 publisher 12-year-trough, alibaba-group, brazil, china, country, established, her-impeachment, impeachment, man-accused, paulista-avenue, paulo, paulo-prada, the-established, vast-corruption

By Paulo Prada RIO DE JANEIRO (Reuters) – Despite protests by hundreds of thousands of Brazilians against President Dilma Rousseff and ongoing calls for her impeachment, little suggests radical change in Brazil anytime soon. With the country hobbled by legislative gridlock, a lack of viable alternatives to the established political parties and an economic reversal so complete that its currency is trading at a 12-year trough, there are no easy or fast fixes

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Malaysia seeks help from tech firms to stem ‘false’ online content

August 17, 2015 creative 12-year-trough, communications, cooperation, debts-at-state, her-impeachment, minister-salleh, public-safety, the-established

Malaysia will ask three social media and Internet companies to curb content in the interest of public safety, the communications minister said on Monday. The request is the latest attempt by Malaysia’s embattled government to quell dissent after Prime Minister Najib Razak became embroiled in controversy over big debts at state fund 1Malaysia Development Berhad (1MDB).

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TransferWise launches U.S. money transfer service, eyes more markets

February 18, 2015 creative another-round, carnegie-mellon, dominance, established, gram-transfer, jemima-kelly, mistake, money, programs-before, provide-money, richard-branson, school, the-established, transfer, university

By Jemima Kelly LONDON (Reuters) – British online money transfer business TransferWise launched its U.S. operation on Tuesday, the first step of an international expansion that will use $58 million in new backing to compete with the likes of Western Union and MoneyGram. TransferWise is among the biggest of a clutch of internet start-ups that have begun to challenge the dominance of the established companies and banks that provide money transfer services for ordinary consumers.

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Snapchat seeks new funding at up to $19 billion valuation: Bloomberg

February 18, 2015 publisher advanced-talks, angeles, another-round, completed-late, dominance, facebook, gram-transfer, man-walks, mobile, programs-before, raise-as-much, school, send-messages, the-established, venice

(Reuters) – Snapchat is looking to raise as much as $500 million in a new funding round that would value the mobile messaging company at up to $19 billion, Bloomberg reported on Tuesday, citing a person with knowledge of the matter. The latest valuation is a massive increase for the company, which Facebook Inc offered to buy for $3 billion in late 2013.