One of the South’s most popular universities, and a flagship public college, Louisiana State University, is currently facing a $55.5 million state funding cut; not only will LSU need to restructure its annual budget, but the regents will also need to prepare for a devastating alternative: bankruptcy. That’s right, LSU is now mulling the possibility of entering into bankruptcy proceedings.
Read MoreHow To Steal Apple's Technology Without Worry
Chinese technology conglomerate Xiaomi has continued its trend of copying American tech companies by releasing its Mi Band. Known for blatantly infringing upon Apple’s (AAPL) intellectual property, the Xiaomi Mi Band is a fitness tracker designed to compete with the Apple Watch, Fitbit bracelets, and Jawbone bands
Read MoreFitbit Files For IPO
As of last Thursday, private health and fitness monitoring company, Fitbit, filed for an initial public offering (IPO) of common stock under the ticker symbol "FIT." In selling equity, Fitbit plans to raise $100 million in additional operating capital; the company also hopes to gauge investor sentiment and promote its product portfolio.
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