Tim Draper, the billionaire whose venture capital firm has invested in Skype and Baidu, has proposed to divide California into six mini-states, the Financial Times reported.
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Buffet's Berkshire Hathaway to likely miss target for the first time- report
Billionaire Warren Buffet is most likely going to fail in achieving his target for the first time since he took over Berkshire Hathaway in 1965, Bloomberg reported.
US shoemaker Crocs' chief to retire as Blackstone picks up $200M stake
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the struggling shoemaker.
Monte Paschi's cash call to be delayed until May 2014 - shareholders
Shareholders of Banca Monte dei Paschi di Siena SpA reportedly sided with main shareholder Fondazione Monte Paschi with regard to postponing the cash call until May of next year.
590 venture-backed US companies could be IPO candidates next year - report
Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuations.
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Hyundai Motor Co. on Friday named sales chief David Zuchowski as the new chief of its US arm. Zuchowski will replace incumbent US chief John Krafcik, whose contract expires at the end of the year.
Reuben Kressel, a 66-year old investor, completely sold his entire holding in Twitter Inc. after its shares dropped as much as $5.91 or 8% on Friday's market close. Kressel owns 500 shares in the micro-blogging site.
A CNET report detailed how big the decisions the next chief executive officer of Microsoft Corp needs to make in order to get back into the technology race.
Asian Development Bank President Takehiko Nakao expressed his confidence about Asia's economy should US Federal Reserve proceed with its plans to reduce its quantitative easing program.
Sprint Corp's shares climbed as much as 15% earlier in trading day today as speculation that it will be merging with rival T-Mobile US Inc rises, said a Bloomberg report.
The News Lens founder and chief executive Joey Chung said the new angel funding and the inclusion of media veterans Marcus Brauchli and Sasa Vucinic into the company fold will help the startup solidify its reputation as a trusted news source in Taiwan.
Commodity analysts believed that the successive probings into mining deals in India could become a factor in the potential disinterest of investors pouring in funds into the country.
Lawrence Rakers will be replaced by Ramona Persaud as the manager of Fidelity Dividend Growth Fund and Fidelity Advisor Dividend Growth Fund starting January 1, Bloomberg reported.
Plain Vanilla Games, maker of iPhone trivia matchup game app QuizUp, raised $22 million in Series B funding from investors led by Sequoia Capital Partners.
