As preparations regarding a potential merger between Vodafone Group Plc and AT&T Inc was happening, Paulson & Co said in its regulatory filing that it had increased its ownership stake in the phone company.
High-net worth individuals
Tyra Banks' Fierce Capital backs a mobile advertising app
Tyra Banks has invested an undisclosed amount on Locket, a mobile advertising app made for Android smartphone lockscreens, through her company's investment arm Fierce Capital.
Walkbase secures EUR3 million in Series A funding round
Finland-based retail analytics company Walkbase landed a EUR3 million in its Series A funding round. The round was led by SBT Venture Capital in London and Olli-Pekka Kallasvuo, Nokia's former CEO.
Ackman, Berkowitz seeks to recover equity in Fannie Mae, Freddie Mac before US takeover
Although taking different approaches, investors Bill Ackman and Bruce Berkowitz were attempting to salvage securities acquired before the US housing crisis with a combined value of more than USD100 billion, said a Bloomberg report.
Galaxy Entertainment to consider USD5 billion investment in Japan and Taiwan
Galaxy Entertainment Group Ltd, the second-largest casino operator in Macau, announced its intention to invest USD5 billion in Japan and China if the gambling markets open in those countries.
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A rise of mega donations in universities had been seen by individuals as a form of repayment to their educational attainment and career successes, said a philanthropy expert.
Russian millionaire and entrepreneur Yuri Milner recently led a Series B funding round for genetics upstart GenapSys for the commercialization of the company's genome-sequencing platform.
Despite Daniel Loeb's assurance that he or his hedge fund Third Point LLC does not have any plans to ouster FedEx Corp founder, chairman and chief executive Fred Smith, an analyst said
Yahoo's old domain names might fetch lower prices that current retail prices on the domain names market due to the sale of new domain names with non-traditional extensions (gTLDs) by Donuts and GoDaddy, said VentureBeat.
Singapore-based consumer-to-consumer marketplace mobile startup Carousell snagged USD800,000 in seed funding to be used for the development of its app and expansion efforts in Southeast Asia.
Moneytree obtained USD1.6 million in a seed investment round participated by private investors including high-level executives from companies that include PayPal, MasterCard and Morgan Stanley.
California-based seaweed chip company New Frontier Foods Inc. bagged USD1.7 million in its first seed funding round from executives at top corporations and other investors.
Russian billionaire and fertilizer company owner Dmitry Mazepin was eyeing a 21.75% stake on the world's top potash miner Uralkali. Mazepin's net worth was at USD3.2 billion as of this year.
Boston-based tech startup Shuttersong raised USD1.675 in seed funding for the development of a unique app that lets users embed sound clips into JPEG images.
