Pimco's Chief Executive and Co-Chief Investment Officer and long viewed as heir to Co-Founder Bill Gross, Mohamed El-Erian will be leaving the world's largest bond fund manager in mid-March, Reuters reported.
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San Francisco HR platform Zenefits raises $15M in funding
San Francisco, US-based insurance broker Zenefits raised $15 million in funding to improve the development, sales, and marketing of its product that makes administrative tasks easier.
Former NBA star David Robinson starts venture capital firm to impact the community- report
Former NBA star, philanthropist and venture capitalist David Robinson told Forbes Contributor Dan Schawbel that he formed Admiral Capital Group to be able to impact the community.
Facebook backer's venture firm seeks to raise $750M for fifth fund
Peter Thiel, the early investor of Facebook, aims to raise $750 million for its fifth fund, according to a presentation from his venture firm Founders Fund obtained by Bloomberg News.
VC Funding in Smart Grid Reaches $405 Million in 2013, Reports Mercom Capital Group
Mercom Capital Group, llc released its report on funding and mergers and acquisitions (M&A) activity for the smart grid sector for 2013.
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Kansas City, Missouri-based troubled data storage firm IceWEB Inc plans to sell equity securities to raise capital increase sales of its products and services in order to continue its operations.
New York, US-based technology media firm TechMedia Networks (TMN) is acquiring Waltham, Massachusetts-based lead-generation business BuyerZone for an undisclosed amount to gain access to an e-commerce market.
CrowdStrike, a cybersecurity company backed by private equity, said it had evidence that linked the Russian government to cyber espionage campaigns on numerous Asian, European and American companies, Reuters reported.
Perth, Australia-based gold mining and mineral exploration firm Saracen Mineral Holdings acquired Western Australia's unloved Thunderbox gold mine from Russian giant Norilsk in a deal valued at $20 million.
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Learning Technologies (HLT).
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.
