By Anum Yoon It takes money to make money. That’s an immutable law of the universe when it comes to business. If you want to earn money by providing a product or service that people want to buy, then you’ll have to invest some money. Fortunately, you don’t always need to spend a great deal of […]
Hot Business News Today
Hot Business News Today
Solavei Completes ASPIDER Deal
by Ted Nuyten • • 0 Comments
Solavei, the industry-leading social commerce network that provides mobile service to its members, announced today that it has completed its merger with ASPIDER, a Netherlands-based company that provides core mobile infrastructure and services to more than 70 mobile service providers and over 100 million subscribers across the globe.
Solavei will remain a stand-alone entity based in Seattle. Solavei founder Ryan Wuerch will remain CEO of the company and Patrick Meijer of ASPIDER will become President.
“This is a great day for Solavei,” Wuerch said. “The partnership with ASPIDER gives us the opportunity to further enhance our services and add new products to the social commerce network, broadening our ability to rapidly expand the Solavei brand globally. We now can leverage ASPIDER resources to better align our cost structure with our revenue expectations, positioning us
Hot Business News Today
Q&A: A look Obama's climate change plan and impact on states
by Successful IBO • • 0 Comments
President Barack Obama unveiled the final regulations in his plan that will cut carbon dioxide emissions nationwide 32 percent by 2030.
Hot Business News Today
You Can Now Schedule Instagram Posts Through Hootsuite — But There's a Catch
by Wendy Frink • • 0 Comments
While posts can be typed and scheduled through the web-based dashboard, you’ll still need your mobile phone to push the post out.
Hot Business News Today
CAbi To Enter Canada
by Ramya Chandrasekaran • • 0 Comments
CAbi, one of the largest direct sale women’s apparel businesses in the U.S., is entering the Canadian market this week.
The Canadian market will include all provinces, except for Quebec, and represents the first foray outside of the U.S. for the 14-year-old company. CAbi — Carol Anderson by invitation — was cofounded by Kimberly Inskeep, who is president and chief culture officer, designer Carol Anderson and 10 other individuals.
CAbi was acquired three years ago by two private equity firms, J. H. Whitney & Co. and Irving Place Capital.
Rick Perkal, a senior adviser at Irving Place, said the model was an attractive one because it was about “women helping other women feel better about themselves.” He said if the Canadian expansion goes well, the company would consider bringing the brand to other English-speaking countries.
Michael C. Salvator, senior managing
Hot Business News Today
India Puts MLM Legislation On Hold
by Ramya Chandrasekaran • • 0 Comments
A proposed Bill to check fraudulent multi-level marketing (MLM) schemes has been put on hold by the Indian government.
The Finance Ministry had started the process to amend Prize Chits and Money Circulation Schemes (Banning) Act, 1978, to check the menace of ponzi schemes which continue to defraud investors of their hard-earned money.
The ministry informed a recent meeting of representatives of Central revenue intelligence and law enforcement agencies that the amendment Bill “has been put on hold for the time being”, official sources said.
It was also informed that an inter-ministerial group (IMG) formed under Additional Secretary, Department of Economic Affairs, is looking into all aspects including the amendment of the Act, they said.
The Finance Ministry had earlier obtained comments from the industry on the amendments to the Act for a framework for regulation
Hot Business News Today
21 Things Successful Entrepreneurs Never Worry About
by Sujan Patel • • 0 Comments
Hot Business News Today
Apple's Latest Experiment Means You May Never Have to Listen to Your Voicemails Again
by James Cook • • 0 Comments
Apple is testing a new service that would allow Siri to transcribe your voicemails into text messages.
Hot Business News Today
Instagram Is Too Large for Your Business to Ignore
by James Parsons • • 0 Comments
As Instagram surpasses Twitter in size and engagement, smart businesses are turning to the social network for marketing.
Hot Business News Today
How Airbnb and Dropbox Achieved Tremendous Growth With Referral Marketing
by Samuel Edwards • • 0 Comments
While you can’t create a carbon copy of another business’s referral program and expect the same results, you can learn a lot by studying some of their components and strategies.