In Silicon Valley, Saudi Money Keeps Flowing to Startups

Silicon Valley startups are continuing to negotiate deals with Saudi Arabia and take its capital from its partner SoftBank, amid controversy over the killing of journalist Jamal Khashoggi that has clouded the kingdom’s role as a major global technology investor.
WSJ.com: US Business

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Marks & Spencer, Founders Factory Form JV to Support Retail Start-ups

START ME UP: Marks & Spencer is embracing the future with a joint venture aimed at finding and developing retail start-ups. M&S has teamed with Britain’s Founders Factory, a well-funded incubator for start-up businesses, on the project.
M&S said Monday the partnership will give it “direct access to cutting-edge technologies” through investment in talented entrepreneurs and businesses. M&S will become the majority shareholder in the JV, which wants to build a portfolio of investments that it will seek to grow and scale.
The retailer will become Founders Factory’s exclusive U.K. retail partner, and invest in a number of start-ups that will be sourced through Founders Factory’s global network.
M&S said it’s looking to discover new technologies, business models and entrepreneurial thinking as it seeks to put digital at the heart of its transformation strategy.
Steve Rowe, chief executive officer of M&S, said he’s hoping the start-ups and entrepreneurs “will provide disruptive thinking and questioning to the way we work at a time of critical transformation within the business. By investing in new innovative technologies and products we hope to change the way we work and operate.”
Founders Factory was cofounded by Brent Hoberman, who started Lastminute.com, and is focused on launching and scaling start-ups across a

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Tomorrow’s Cities: Can start-ups solve city issues?

Every city wants to have a striving tech start-up scene but why is it so important?
BBC News – Technology

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Tech startups target better weather forecasts

For decades weather forecasts have been reserved for government agencies like the Met Office or NOAA in the US, using huge supercomputers to crunch satellite, radar and other data.
Tech News – Latest Technology and Gadget News | Sky News

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China’s Startups Are Only Pawns in the Game

China’s tech world doesn’t believe in the story of David and Goliath. Startups and investors are abandoning the dream that a smarter, nimbler upstart can topple a gargantuan company.
WSJ.com: WSJD

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Tencent Continues to Snap Up Stakes in U.S. Startups

Tencent Holdings, the rapidly growing Chinese internet giant, is proving a welcome source of capital to America’s fledgling companies, with Snap the latest focus of its deep pockets.
WSJ.com: WSJD

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Juicero and 2017’s other failed start-ups

A look at some of the well-funded tech firms that have folded in 2017.
BBC News – Technology

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The New Copycats: How Facebook Squashes Competition From Startups

Tiny Houseparty has a promising video-chat app. The social-media giant has noticed and started developing one of its own. The power of Silicon Valley’s well-financed giants is starting to draw scrutiny from lawmakers and regulators.
WSJ.com: WSJD

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‘US rethinks Chinese investment in AI start-ups’

A leaked report suggests US defence officials want more scrutiny of Chinese investment in US technology.
BBC News – Technology

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Tech boss: Brexit will deter new start-ups

The founder of fintech firm Transferwise said if it was starting again it would not set up in Britain – because of Brexit uncertainty.
Tech News – Latest Technology and Gadget News | Sky News

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