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Facebook COO Sheryl Sandberg is not moving to Disney

A source close to Facebook Chief Operating Officer Sheryl Sandberg belied a report that she will be heading the Walt Disney Company when CEO Bob Iger steps down in two years, VentureBeat reported.


Christopher McDonough is now Director of Investments in New Jersey

Christopher McDonough has been named as the new Director of Investments in New Jersey, replacing Timothy Walsh who left the post in August last year, Bloomberg reported.

The Intercept editor says National Security Agency distrustful of anyone using encryption

Those who use encryption tools are viewed with suspicion by the National Security Agency and users can be targeted by the agency because of it, says "The Intercept" Editor Glenn Greenwald, VentureBeat reported.

Morgan Stanley veteran investment banker Cecile Houlot-Hillary urges mentoring for women coming from maternity leave

Veteran investment banker Cecile Houlot-Hillary of Morgan Stanley said women coming from their maternity leaves should be given mentoring when they return to the workforce, Reuters reported.


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Jesse Litvak, a former Jefferies & Co Managing Director, was convicted of defrauding buyers in a criminal case connected to the US government's Troubled Asset Relief Program, Bloomberg reported.
For investment banker Natalie Blyth, the bees gave her a business model to follow and teaches her lessons about "risk, efficiency and productivity," Reuters reported.
A Reuters report quoted Pimco Co-Founder and Co-Chief Investment Officer Bill Gross as saying "I'm so sick of Mohamed trying to undermine me" but a Pimco spokesman denied Gross made the statement, Reuters reported.
Enrico Gaglioti, the Global Head of Equity Sales of Goldman Sachs Group Inc, will be leaving his post, Bloomberg reported citing an internal memo from the firm's co-trading heads.
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Samsung will be $1.5 million each to two charities chosen by host Ellen DeGeneres after getting pleased with the results of her popular selfie taken with Samsung's Galaxy Note, TechCrunch reported.
Warren Buffet has sought to bolster investor confidence about how Berkshire Hathaway will perform after he leaves the company but the lack of a succession plan has concerned investors, Reuters reported.
Blackstone Group Chief Executive Officer Stephen Schwarzman earned $374.5 million last year, representing an increase of 75% as the private equity firm's distributable earnings also went up 66% in 2013, Reuters reported.
John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.
Tom Stoddard, a Senior Managing Director at private equity firm Blackstone Group, will be serving as the Chief Financial Officer of Britain-based insurer Aviva Plc, Reuters reported.
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