Avago Technologies is buying rival chipmaker Broadcom in a deal worth $37 billion, the industry’s biggest takeover ever. This deal presages further waves of consolidation as competition over the Internet of Things heats up.


While critics fret that Silicon Valley has taken the “embrace failure” ethos too far,  European leaders worry that perceived fear of failure is holding innovation back. Now they’re out to change the culture: In Germany, the mission of one high-powered lobbying group is to teach schoolchildren that it’s okay to fail.

The Wall Street Journal

After a five-year slump, U.S. entrepreneurial activity is on the rise again. The biggest gains by age have been among late-wave Boomers (55- to 64-year-olds), who made up 26% of new business owners in 2014 (compared to 15% in 1996).

Kauffman Foundation

CBS CEO Les Moonves says the company may partner with Apple for an Internet TV deal, citing that such a deal would be more lucrative than a cable company partnership. Network executives apparently realize that despite telecoms’ industry dominance, Internet TV is the way of the future.


Featured Reports

Jan 21, 2015

A Round of Applause for Failure

from Culture Watch

Failure is now treated like a bragging right—but young people don’t want to hear it.
Jan 07, 2015
Same-day delivery is on the rise as more consumers than ever want—and expect—instant gratification.
Nov 19, 2014
The fast-growing world of professional competitive video gaming is taking off, particularly among Millennial men.
Jan 05, 2015
The falling price of oil is often touted as another huge plus for the global economy this year. According to the IMF, for example, the fall will add 0.3 to 0.7% to global GDP…

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