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Russian VC funds set up shop in Silicon Valley
– reuters.com
Russian technology investors, faced with a stagnating startup scene in Russia and the threat of isolation from the West, are setting up funds in Silicon Valley in a bid to place million-dollar bets on young tech companies.
Apple launches HomePod, taking on Google, Amazon
– reuters.com
After missing the critical holiday shopping season, Apple Inc has jumped into the voice speaker wars with the HomePod smart speaker, a device that will use its Siri voice assistant and compete against offerings from Amazon.com Inc and Alphabet Inc’s Google.
Musk to get no salary unless Tesla hits milestones
– reuters.com
Silicon Valley billionaire Elon Musk will get no salary or cash bonuses from Tesla and all his compensation will be tied to stock and operational milestones. Aleksandra Michalska reports.
Netflix boosts Nasdaq to record high
– reuters.com
Strong corporate earnings lifted the S&P and Nasdaq to new records Tuesday. But P&G shares weighed on the Dow. Fred Katayama reports.
Science Group Ranks Evidence on E-Cigarette Safety
– http://www.nytimes.com/
Vaping may help smokers quit, and are safer than conventional cigarettes, but they’re not risk-free, a national public health panel says.
PwC's Robert Moritz: Global threats weigh on optimism
– http://www.cnn.com/
PricewaterhouseCoopers Chairman Robert Moritz tells CNNMoney’s Richard Quest that despite optimism about the economy, CEOs are concerned about geopolitical issues.
