Industry

US venture capitalists breaks fundraising record in 2014's first quarter

Venture capital firms in the US have raised a record-breaking total funding amounting to $8.9 billion in the first quarter of 2014, according to Thomson Reuters and the National Venture Capital Association.


BTC China releases Picasso ATM web app

Shanghai, China-based bitcoin exchange BTC China released a new web app called the Picasso ATM to help Bitcoin users exchange the virtual currency even without a physical ATM.

Accountability Is Now Charles River CFO; New Firm Expands Services and Leadership Team

NEWTON, MA--(Marketwired - Apr 9, 2014) - Accountability Outsourcing, Inc. today announced that it is now Charles River CFO, Inc. (CRCFO), a women-owned strategic financial consulting firm focused on strategic transactions such as IPOs, mergers, acquisitions and other exits. The new firm is addressing the gap between operational CFOs and the firms that audit them.

Bitcoin Remains Small in Comparison to Payment Processors and Currencies - Fitch

Despite significant increases in its use as a payment system and attention in the marketplace, Bitcoin is small relative to both traditional payment processors and global currencies, according to a Fitch Ratings Why Forum commentary published today.


Latest News

BlackRock, the world's biggest fund manager, has joined the growing list of investors that have warned against the risks faced by the Great Barrier Reef, Bloomberg News reported.
Based on four reports from PwC, RMG, Fastlane Ventures and East-West Digital News, the rapid growth of the Russian venture capital market has stopped, East-West Digital News reported.
The European Commission has partnered with iversity to create a provider network of European Massive Open Online Courses that would pay attention to web and app skills development, TechCrunch reported.
Bloomberg Beta used predictive analytical tools and research to arrive at a list of 350 employees who could be future founders of startups, TechCrunch reported.
As Microsoft pulls out support for Windows XP next month, financial firms and ATM operators are now looking to Windows 7 and Linux to power their machines, TechCrunch reported.
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
Twenty-five tech companies have turned to Senator Ron Wyden asking his help to oppose the Trans-Pacific Partnership or TPP that could potentially limit online freedoms, VentureBeat reported.
A survey done by AsiaHedge showed that Asian hedge funds were able to add assets of nearly $20 billion in 2013, representing a strong performance after three years, Reuters reported.
Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.
The foreign direct investment of China went up 10.4% from January to February this year but the holidays of the Lunar New Year caused February figures to drop, Reuters reported.