“The interesting thing about Islam,” says Professor Constant Mews, “is that it was a much more commercial culture from the outset than Christianity.” And from around the middle of the eighth century to the middle of the 13th, while European Christians were struggling through the Dark Ages, the Islamic world enjoyed a golden age. Arab …
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Pinterest valued at $1.5 billion – as megalithic Japanese website invests
Rakuten (the Amazon of Japan) has led a $100m funding round into Pinterest, which values the online “curation” community at around $1.5 billion. The Japanese ecommerce giant won out over major US venture capital firms who were vying for a piece of Silicon Valley’s new sweetheart, which lets users clip images to a virtual pinboard. The FT spoke …
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