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Allen's investment in Seahawks did better than Microsoft - report

Microsoft co-founder Paul Allen's investment in professional football team the Seattle Seahawks, current 2014 NFC Champions in Super Bowl Sunday, appeared to have paid off despite losing over $8 billion initially.


Hedge fund manager George Jarkesy Jr asks Washington federal court to block SEC hearing

George Jarkesy Jr, a hedge fund manager, has filed a case in a Washington federal court to block a hearing by the US Securities and Exchange Commission which alleged that he defrauded hedge fund investors, Bloomberg reported.

Paypal executive Mike Liberatore leaves firm to become CFO of San Francisco payments startup Clinkle

Mike Liberatore, the former head of Paypal's enterprise and North American financials, left the company to become the new Chief Financial Officer (CFO) of San Francisco, US-based payments startup Clinkle.

MyActivityPal Inc secures $5M in Series A from Indiabulls Group's Sameer Gehlaut

Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.


Latest News

Venture capitalist and co-founder of Kleiner Perkins Caufield Byers Tom Perkins says he regretted comparing the rich to the Jewish victims of Nazi Germany in an interview with Emily Chang of Bloomberg West TV, VentureBeat reported.
Ezra Klein, the political writer known for his explainer approach to policy topics, has left The Washington Post to start his own news site with The Verge, TechCrunch reported.
Karl Slym, managing director of India-based automotive firm Tata Motors Ltd, was found dead after falling from the 22nd floor of the Shangri-La hotel in Thailand in what police suspect as a suicide case.
Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
Users in social media criticized billionaire venture capitalist Thomas Perkins for an open letter he sent to and was published in The Wall Street Journal comparing rich Americans to the Jews who suffered in the Holocaust, The Independent reported.
Marc Lipschultz, the head of global investment firm KKR & Co's Energy and Infrastructure unit, has resigned from the board of Energy Future Holdings Corp, Bloomberg reported.
Private equity investor Andrea Bonomi, the biggest investor in Milan, Italy-based banking firm Banca Popolare di Milano (Pop Milano), has offloaded his entire 8.6% stake in the bank, according to a source familiar with the matter.
Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.
A source interviewed by Reuters said billionaire activist investor Carl Icahn had a higher stake in eBay than what was previously reported, saying that his stake was near 2%.
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