Debu Purkayastha, a senior international executive who has worked with Google for six years, will be leaving the search giant to join the team at venture capital firm Octopus Investments, Tech Crunch reported.

Cornell University entrepreneurs and professors don't believe that a startup bubble is in the offing, despite what finance experts say, The Cornell Daily Sun reported.

David Errington, an analyst at Bank of America Merrill Lynch, said companies would do well if they focused on investing in their core business instead of acquiring other companies in their quest for growth, The Australian reported.

Leland Lim, a former partner at Goldman Sachs Group Inc, is planning to form his own hedge fund, according to sources with knowledge of the situation interviewed by Bloomberg.

The number of campaigns waged by activist investors to compel companies to pay more expensive prices for takeover targets has increased, the Financial Times reported.

As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.

Venture capital firm Social+Capital Partnership has appointed its former Entrepreneur in Residence or EIR Ray Ko to serve as its first Growth Partner, TechCrunch reported.

Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.

The Central Bank of Russia echoed its statement that the Ruble is the country's official currency, and being a money substitute, Bitcoin is now banned because it is reportedly used in illegal activities.

Rengan Rajaratnam, the younger brother of Galleon Group Founder Raj Rajaratnam, has asked the US District Court in New York to dismiss charges of insider trading filed against him last year, Reuters reported.