Noticing the number of Facebook employees leaving the social media company, a Techcrunch report suggested that forming a new venture capital group would make sense to curtail the employee attrition.
Co-investment
China may be bad for foreign retail chains - report
Analysts advised foreign grocery chains to be cautious about expanding their businesses in China. British supermarket chain Tesco Plc would the the latest foreign retail chain that had set its sight on China.
Venture capitalists invest in startups related to Bitcoin
According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.
Private investments by US foundations reaches USD50.9 billion in 2012 - report
An estimated USD50.9 billion in investments by private and community foundations was made, according to a Foundation Center report on 2011 financial data.
Former Xstrata executive raises USD1 billion for new company
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.
Latest News
The European Securities and Markets Authority had sought for the imposition of a levy for non EU clearing house operators.
Arkansas is the first of many states in the US that would receive funds for Medicaid expansion under Obamacare.
OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.
The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.
State-backed Petroamazonas had proposed to 31 companies who were willing to partner up with the oil company and aid in boosting oil production.
Youtube and Google+ had teamed up to improve the system of moderating comments in Youtube, and recently did a soft launch with a limited number of Youtube users.
The new system introduced by Argos and eBay would be allowing customers to pick up ordered items from eBay in Argos stores.
Russian Presidential aide Yury Ushakov told reporters that state-backed nuclear company Rosatom would be signing an agreement with Fennovoima for the construction of a nuclear power plant.
Turnbridge Capital and Pipe Pros announce the equity recapitalization of the latter though no financial details were disclosed.
