Vinod Khosla of Khosla Ventures issued an open letter to "60 Minutes" and its network CBS, saying that the segment on clean technology was filled with errors.
North America
IFC invests in US submarine cable operator Seaborn Networks
World Bank Group member International Finance Corporation (IFC) invested an undisclosed amount in US-based submarine fiber optic cable system developer and operator Seaborn Network Holdings LLC.
Chinese private equity firm Hony Capital Ltd mulls possible offer for United Biscuits Holdings Ltd- sources
Hony Capital Ltd, a Chinese private equity firm, is mulling a potential bid for United Biscuits Holdings Ltd owned by Blackstone Group and PAI Partners, according to sources interviewed by Bloomberg.
Google Inc spends more than five biggest rivals combined in US in bid to grow to new markets- report
Compared to the spending of its five biggest US rivals combined, Google Inc has spent more money in the past two years in its effort to reach out to new markets, Bloomberg reported.
Charter slams Time Warner execs over "failed" operating plan
While pushing for an acquisition deal, Charter Communications slammed the executives of New York, US-based cable operator Time Warner Cable for a "failed" operating plan resulting in low customer satisfaction ranking.
Latest News
New York, US-based clothes retailer Aeropostale Inc contacted private equity groups amid pressure from investors to sell itself, according to sources cited in a Bloomberg report.
The mergers and acquisitions activity for companies supported by venture capital has continued to decline even with the sizable acquisition of Nest Labs by Google, The WSJ's Digits reports.
New York, US-based firm Forbes Media attracted the attention of six different bidders including Germany-based multimedia company Axel Springer.
Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.
Verisk Analytics Inc, a New Jersey-based company that gives risk information to lenders and insurers, has inked an agreement to purchase aerial imagery and data analytics provider EagleView Technology Corp for $650 million.
Texas, US-based oil and gas exploration and production services provider IronGate Energy Services acquired North Dakota-based firm Green Light Energy Services for an undisclosed amount.
Visual content marketplace Visually said it closed its Series A funding round with $8.1 million. The round was led by Crosslink Ventures and joined in by other investors.
New York, US-based institutional investor ff Venture Capital (ffVC) closed a total of $52 million for two funds, ff Rose and ff Rose Innovate, with the latter to focus on investments in New York.
SuVolta Inc, a semiconductor company based in Silicon Valley, has nabbed funding amounting to $10.6 million from Fujitsu Semiconductor Limited, Kleiner Perkins Caufield & Byers, August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures.
