EurActive reports that the think tank ‘Lisbon Council for Economic Competitiveness and Social Renewal’ has released a study warning that continued growth in the new EU states of Central Europe should not be taken for granted.
“While central and eastern European countries have been “the engine of dynamism, mobility and flexibility” that was lacking the EU-15, the human capital issue in these new member states could have a negative effect on the EU economy as a whole if nothing is done to bridge the gap, warns the authors.”
Continue reading ‘Think tank: don’t take CEE growth for granted’
This morning I browsed through Wired Magazine’s interview with “Ted,” the pseudonymous figure behind TheFunded.com. The site offers entrepreneurs unprecedented insight into the workings of the VC community, namely by offering entrepreneurs themselves the chance to swap their VC horror stories without revealing their identify. “Ted,” however, agreed to step out from behind the veil. He is Adeo Ressi, the founder of two successful startup companies.
Naturally we had to have a peek.
Continue reading ‘VCs don’t like TheFunded but entrepreneurs do’
A dozen major French companies have launched a trial to use cell phones as mobile money, according to the International Herald Tribune. The Payez Mobile consortium includes France’s three largest mobile operators, six major banks, Visa and MasterCard and cellphones made by Motorola, LG Electronics and Sagem Communication of Paris.
The group gave 1,000 people in Strasbourg and Caen mobile handsets outfitted with a short-range radio technology called “near-field communications,” or NFC. The technology is already familar to commuters in London, Paris and Hong Kong who pay their fares by swiping “contactless” programmed plastic cards over scanners embedded in turnstiles.
Continue reading ‘French launch biggest EU mobile payment test’
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