Mayfield named Ursheet Parikh as its new partner. Mayfield Fund, an early stage venture capital firm from Menlo Park, California, said on Wednesday that Ursheet Parikh will be its newest partner.
Firm Management
Vivus shareholders to support activist’s slate
On Wednesday, QVT Financial LP said that it would support the slate of activist investor First Manhattan Co as it proposed to change the board of directors at Vivus Inc.
UK persuades Royal Mail workers with free shares
UK proposed giving 150,000 free shares to its workers who have been strongly opposing privatization of the company.
The cause of currency crises
In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.
China's Central Bank moving to make yuan more international friendly
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
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Britain would float its majority share in Royal Mail through an initial public offering this financial year.
Due to Carlos Slim's mega investment, analysts believe that app developer Shazam will gain access to millions of Latin American customers.
Investment manager Williams, Jones & Associates renewed a 10-year deal with 717 Fifth Avenue. Williams, Jones & Associates, an investment managing firm, signed an agreement entitling a 10-year renewal and expansion at 717 Fifth Avenue, according to a report from The Commercial Observer.
The absence of clear labor policies would prompt Fiat to move the production of Alfa Romeo outside of Italy.
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
Active Power named board chairman as new interim president and CEO. Active Power named its chairman of the board, Dr. Ake Almgren, as its new interim president and chief executive officer.
Tokyo Stock Exchange Inc. President Akira Kiyota wanted to revive the Japanese markets by targeting more initial public offerings.
US government's Fannie Mae considered selling about US$1 billion of home-loan bonds. The mortgage financier regulated by the US government, Fannie Mae, planned to sell around US$1 billion of home-loan bonds.
European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.
