Move over, China and India, IBM is betting that the next developing technology hotspot will be Brazil. The company has announced a new initiative to stimulate country’s developing technology sector. For starters, IBM will host its first-ever forum for São Paulo venture capitalists and entrepreneurs and FINEP, the Brazilian government organization dedicated to financing technological development.
Boeing (NYSE: BA) and Embraer have received unconditional approval for their strategic partnership from Brazil’s regulatory agency. The European Commission continues to review the partnership, which has secured unconditional clearances in the U.S., Japan, Montenegro, Kenya, Colombia, China and South Africa.