It takes an ecosystem to raise a successful start-up

The geography of entrepreneurship is "spiky", meaning that from region to region there are significant variations in rates of start-ups and, in particular, "scale-ups"—new businesses that are evolving into larger enterprises.

Profits plunge in Q2 for Sweden's Ericsson

(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...

eBay chief says Web privacy clashes coming

Internet companies will soon have to find a way to protect user privacy to avert a "clash" which could lead to increased government regulation, eBay chief executive John Donahoe said Wednesday.

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