Firm Management
UniCredit appoints Zadrazil as new head of Bank Austria to oversee restructuring after suffering losses
Italian bank UniCredit to replace Bank Austria CEO Willibald Cernko with head of private banking Robert Zadrazil on March 1 to oversee restructuring after suffering losses.
Spotify and Genius Collaboration: Displaying lyrics and facts on your screen
Spotify and Genius work together to provide a better and deeper music experience for their users. Fact Tracks shows lyrics, along with annotations from the community or the artist itself.
TrueBridge Capital Closed Its Fourth Venture
TrueBridge Capital Partners announced the closing of its fourth venture capital fund-of-funds on January 13. The fourth fund-of-funds is secured at its $400 million hard cap.
Haier Deals With GE On Purchasing Electrical Appliance Business To Find Momentum In The US Market
General Electric Co. has been intending to sell its electrical appliance chapter prior to initiation of global economic debacle. The Federal Justice Department has foiled its earlier bid to sell its century old electrical appliance portfolio. Finally, it has reached a consensus to sale the business unit to Chinese electrical equipments maker Haier for more than $4 billion.