Sources told the Wall Street Journal that KKR & Co would be pouring in an initial USD100 million in a wireless communications infrastructure project with investment firm Associated Partners LP.
North America
Rivals to review Google's latest antitrust proposal within four weeks - EU
A rival of Google Inc was not satisfied with the search giant's latest proposal to address antitrust complaints.
Cloud service for scientists Paxata nabs USD8 million in investment round
California-based startup Paxata has aided scientists in grueling data preparation leading to work analysis.
Israel startup Stratoscale raises USD10 million in investment round
Stratoscale's core product promised to make data center processes more efficent. Two entrepreneurs recently secured a USD10 million investment for its large data center software product.
Airbnb co-founder confirms massive USD200 million round a year ago
Airbnb co-founder and CTO Nate Blecharczyk said the company was not interested in releasing financial information, including its USD200 million investment round held a year ago.
Latest News
Payfone was able to gather a USD 10 million investment from Early Warning Services. Payfone Inc said it was able to raise USD 10 million from Early Warning Services.
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.
A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
Vancouver would be the first city in the world to host a bitcoin ATM. The first bitcoin automated teller machine would be installed in Vancouver, Canada.
