North America
NVCA Says the Last Quarter Was Worst Since 2003
According to NVCA data, the first quarter of 2013 was the worst since the third quarter of 2003. Without a doubt, the venture capital industry has experienced the worst quarter it has had in a decade.
Bitcoin Crash Due to Price Bubble
According to Bitcoin Chief Scientist Gavin Andersen, Bitcoin will still grow and these crashes are part of it.
Russia Retaliates to US Imposed Ban
Russia bans US officials and other Americans as a response to the ban made by US officials in related to the Magnitsky incident.
WorldPay raises $1billion of new loans
WorldPay, a British payment processing company, will now have funds to pay a dividend and repay an expensive mezzanine loan with a new 700 million pound-equivalent ($1.8 billion) loan it had successfully raised.
Latest News
Sharp is selling off its 9.2% shareholdings in Pioneer Corp. Sharp Corporation of Japan has announced it is selling off its 9. 2% shareholdings in car electronics manufacturer Pioneer Corp.
ChannelAdvisor has filed documents with the SEC to offer its shares in an IPO. ChannelAdvisor's main business is helping companies sell goods and services on the Internet has recently applied for listing through an initial public offer.
Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
Praxair purchases CO2 assets of Tri-State Carbonic LLC. Praxair Inc, the industrial gas producer and supplier had announced earlier that it had acquired the carbon dioxide interests of Tri-State Carbonic LLC.
Reliance Steel acquires Metals USA to merge with RSAC Acquisition Corp, a subsidiary of Reliance Steel.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
The long awaited acquisition by Ecolab of Champion Technologies has been cleared of anti-trust issues by the Justice Department.
Rally Software's IPO price topped US$14, above the US$13 per share initial pricing. The initial public offering of Rally Software Development rose by 27% in Friday midday trading after the company priced its shares at US$14.
Heinz buyout is a deviation from Buffett's known acquisition formula. At the announcement of the deal to acquire Heinz, the venerable Warren Buffett had stamped his approval with then CEO Bill Johnson.
Avago Technologies have recently acquired CyOptics to bolster its fiber optics portfolio. At Thursday's trading session, Avago Technologies share values remained relatively unchanged when it announced the acquisition of CyOptics.