Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
People
RenoNorden appoints Staffan Ebenfelt as Group CEO
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
Ford chief Mullally, ex-Nokia chief Elop contenders for Microsoft CEO role - sources
Sources disclosed to Reuters that only five names, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, were being considered to replace Microsoft Corp Chief Executive Steve Ballmer.
First non Russian CEO appointed to Lada
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
Sidley Austin introduces Timothy Spangler as new partner
Sidley Austin LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.
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Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.
Apple Inc had lost its Vice President of Engineering for the iOS in Frenchman Henri Lamiraux as he confirmed his retirement in a 9to5Mac report.
KT Corp said the mobile operator's CEO Lee Suk Chae offered to resign from his post after a raid was conducted on the firm's headquarters and his home.
The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
The women's and men's titles for the New York City Marathon were clinched by Kenyan runners.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
