People

Social media users ridicule billionaire venture capitalist Thomas Perkins after finding parallels between treatment of rich Americans to Jews in Nazi Germany- report

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.


KKR & Co's Energy and Infrastructure unit head Marc Lipschultz steps down from Energy Future Holdings Corp board

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.

Bonomi offloads entire stake in Italian bank Pop Milano -source

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.

OAO Sberbank Chief Gref voices support for Bitcoin

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.


Latest News

Eric Wolford has been added as a venture partner of Silicon Valley-based venture capital firm Accel Partners. Wolford also sits on the board of BitTorrent and Jut.
Eric Schmidt, the Executive Chairman of search giant Google, has warned that technological advances could eliminate a wide variety of jobs, the Financial Times reported.
Former Apple Chief Executive John Sculley is betting that telemedicine startup MDLive will be able to bring medical practice to the modern age, VentureBeat reported.
Former NBA star, philanthropist and venture capitalist David Robinson told Forbes Contributor Dan Schawbel that he formed Admiral Capital Group to be able to impact the community.
Pimco's Chief Executive and Co-Chief Investment Officer and long viewed as heir to Co-Founder Bill Gross, Mohamed El-Erian will be leaving the world's largest bond fund manager in mid-March, Reuters reported.
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Learning Technologies (HLT).
Johannesburg, South Africa-based independent retirement fund administrator Alexander Forbes Ltd sold its 60% holding in Lane Clark & Peacock's Swiss unit for an undisclosed sum last year, ahead of a 2014 initial public offering (IPO).
Tony Gallagher, the editor of UK-based newspaper Daily Telegraph, stepped down from his position amid a restructuring program as the company prepares to shift its focus to digital publishing.
Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
Wikipedia co-founder Jimmy Wales picked up a big stake in London-based mobile provider The People's Operator (TPO) in a bid to expand into the US and other international markets.
Real Time Analytics