Technion University was welcomed to New York City at a recent event where Technion's President
Peretz Lavie (center) and
Dan Huttenlocher (center left), dean of Cornell Tech, shared plans on their Roosevelt Island campus that will soon bring game-changing science and technology education from Israel to New York City and create an Applied Sciences graduate school. Technion is simultaneously opening a campus in southern China's Guangdong province.
The technology world is at the forefront of a major trend - a Tech Triangle that links Israel with China and the U.S. for VC and R&D of next generation breakthroughs.
Silicon Dragon explores this
Tech Triangle at its Israel VC and tech forum, held at the Tel Aviv Stock Exchange, February 20.
Read related
Forbes post.
NOTEWORTHY
What works in China doesn't work beyond. That's what
Xiaomi's former global head
Hugo Barra learned as he moves to
Facebook to focus on virtual reality,
Bloomberg.
WeChat launched its mini-app early in January, and now
Alipay is getting ready to roll out its own mini-app platform that could be integrated with offline merchants.
China Internet Watch.
For couriers, China's e-commerce boom can be a tough road as they zip packages to customers by scooter or three-wheeled electric cart. Couriers now number 1.2 million in China.
NYTimes.
DEALS Alibaba spin-off
Ant Financial snaps up Western Union-style payment chain
MoneyGram in the U.S. for a
mere $800 million.
Sequoia Capital China has led a $29 million series B round in Nanjing-based Che300, a used car appraisal and sales platform.
China venture investors
Temasek and
Vertex have led a $100 million round for local education app
Xueba.
China's Ministry of Finance and its Internet oversight agency CAC have launched a $15 billion Internet investment fund.
INDIA
Can
Elon Musk's imaginative new transportation technology,
Hyperloop, transform how Indians travel. Hyperloop is keen to enter the Indian market.
Mint.
India's
IDFC Alternatives expanda its platform investment model with a fourth fund.
Tencent leads $55 million, Series D investment in Indian medtech startup
Practo for emerging markets expansion.