Newly named BlackBerry executive chairman and interim CEO John Chen doesn't doubt the Canadian company's ability to make a comeback.
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Jessica Alba's The Honest Company raises USD25 million in funding
The USD25 million funding Jessica Alba's The Honest Company had raised would go towards implementing its growth plans, including a potential expansion in the Canadian market.
Transocean, Icahn resolve proxy battle
Transocean Ltd announced on Monday its plans to appoint new members of its board of directors in Switzerland, an initial public offering of a Master Limited Partnership, and an equity payout of USD3 dividend.
Third Point registers 1.64% direct interest in Sony - filing
The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.
Andreessen Horowitz sells a third of its Facebook shares
Andreesen Horowitz, the venture-capital firm Marc Andreesen, sold 2.28 million of its Facebook shares.
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Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.
Three new members would join the existing members of Crowdit's Board of Advisors. The first firm to interact business networking and support services in to the crowdfunding experience, Crowdit, announced the appointments of three new members of its Board of Advisors.
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
Path reportedly received additional funding at more than USD7 million amid departures of its team members.
TPG will be the new home of funds commitment professional Jennifer Morais. TPG would be joined by Jennifer Morais, a funds commitment professional. Prior to her employment at TPG, she worked at the Canada Pension and Investment Board.
Former Netflix executive Ariel Tseitlin joins Scale Venture Partners as its newest venture partner. Former Netflix Director of Cloud Solutions Ariel Tseitlin would become one of the newest partners at Scale Venture Partners.
Swiss mobile app maker Coresystems had received its first external funding since 2002. Coresystems received USD15. 5 million from investors in a recently concluded Series A funding round, TechCrunch said in a report.
Some industry observers see the rise in Bitcoin value as a bloated valuation. In an article on TechCrunch, digital currency Bitcoin was reportedly on a comeback after a series of market value setbacks.
Google Ventures added two new investors, Shanna Tellerman and Dave Munichiello, in its roster. Google Ventures welcomed Shanna Tellerman and Dave Munichiello, its two new investment partners, to its ranks.
