Winner of Downtown Sacramento Foundation's "Calling All Dreamers" business plan contest stands to receive $145,000 business startup package, which includes cash and a rent-free storefront for one year.
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Crowdfunding website Kickstarter hacked, recommends users change passwords
Kickstarter, the fundraising platform used by millions of people to raise capital for creative projects and businesses, said on Saturday that hackers had gained access to some of its customers' data earlier this week but that the breach had been repaired.
Google working on super fast 10-gigabit Internet connection
Google is said to be developing data transfer speeds of up to 10-gigabits per second, an internet connection that would put to shame the 1-gigabit connection of its Google Fiber offering, NBC News reported.
Uncle Sam loses $31M as it wavers on what to do with Bitcoin stash- report
The uncertainty of the US government on what to do with the Bitcoins it has confiscated from the Silk Road raid in October last year has already cost it paper losses amounting to $31 million, The New York Post reported.
Einhorn's Greenlight Capital goes to court to know identity of Seeking Alpha commenter who disclosed Micron stake
Greenlight Capital has asked a New York state court to order the website Seeking Alpha to reveal the identity of the person who leaked the hedge fund's stake in Micron last year, Reuters reported.
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New York, US-based investment advisor Jana Partners took a majority stake in Sunnyvale, California-based networking equipment manufacturer Juniper Networks for an undisclosed amount, according to a regulatory filing.
Soros Fund Management sold the stake it held in retailer JC Penney, liquidating 19.98 million shares, in the final quarter of last year, Reuters reported citing a regulatory filing.
Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.
Cincinnati, US-based food startup Nourish wants to give people who are too busy, lazy, or tired to cook meals an easy access to healthy home-cooked meals by hiring cooks who will do the task for them for a given fee.
Silver Lake is already in advanced talks with private equity firm HGGC LLC to exit information technology management firm Serena Software Inc, according to four sources interviewed by Reuters.
Dublin, Ireland-based online jewelry retailer Coldlilies snagged $50,000 in funding from Enterprise Ireland's Competitive Start Fund fr female entrepreneurs to begin next phase of the business.
A flaw found in new version of Microsoft Corp's Internet Explorer was used to attack the website of the Veterans of Foreign Wars as well as that of that of French aerospace industry employees, Reuters reported.
Minnesota, US-based CHS Inc agricultural and energy firm CHS Inc picked up the fertilizer business of Lake Providence, Louisiana-based river transportation service provider Terral RiverService for an undisclosed sum.
Jacksonville, US-based domestic trucking and international shipping firm Momentum Transportation USA Inc acquired JIX International Freight Services for an undisclosed amount to expand its worldwide operations.
