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VC model no longer working?

An expert on venture capitalism is of the opinion that the venture capitalist model is broken.

Ad execs say jury still out on Facebook as medium

b>NEW YORK/LONDON:/bGeneral Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No 1 social network, but top advertising executives say it's far too early to know if the site will take off as an advertising platform.

Forum seeks to tap HNIs for tech funding

b>PETALING JAYA:/bThe Asian Business Angel Forum 2012 (ABAF) is seeking to encourage high net worth individuals (HNIs) to diversify their portfolios by investing in technology startups.

Diablo III not set for February

Blizzard Entertainment's next great opus, i>Diablo III/i>, is slated for release in early 2012, but retailer listings for February aren't necessarily correct, says the developer.

Cisco shelves home telepresence amid company revamp

NETWORK equipment maker Cisco Systems has decided to pull the plug on umi, a home video conferencing system it once touted as a quality alternative to popular video chat service i>Skype/ias it continues with its restructuring plans.

Siri’s popularity causes iPhone connection problems

b>NEW YORK:/bSiri, the voice-activated personal assistant that comes with the new iPhone 4S, is drawing rave reviews as consumers take to Twitter and the blogosphere to express their delight.

ABAF to give angel investors better wings

b>KUALA LUMPUR:/bThe Asian Business Angel Forum (ABAF), to be held in Malaysia next year, is expected to help revive the local angel-investor segment.

Problems plague Apple iCloud, iOS launch

b>SAN FRANCISCO:/bApple Inc rolled out its new iCloud service and latest mobile software to a chorus of user complaints this week, after glitches led to e-mail access problems and long delays in installation.

Budget 2012 offering SMEs a boost

b>PETALING JAYA/b>: The Budget 2012 has goodies for budding entrepreneurs. Prime Minister Datuk Seri Najib Tun Razak aimed the incentives at encouraging entreprenuership, especially at small and medium enterprises.

Capsuco is sole Malaysian SME to get World Bank award

b>KUALA LUMPUR/b>: Capsuco Enterprise, a local online company dealing in art, graphics and apparel, has become the only Malaysian company to be selected among 50 top small and medium enterprises (SMEs) in a global competition run by a unit of the World Bank this year for innovation and entrepreneurship.