John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
People
Path nabs more than USD7 million funding from Dustin Moskovitz, friends and family - source
Path reportedly received additional funding at more than USD7 million amid departures of its team members.
TPG welcomes new investor relations executive
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.
Scale Venture Partners welcomes Ariel Tseitlin as its new venture partner
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.
Coresystems nabs USD15.5 million in first external Series A funding round
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.
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Samsung Electronics Co said it would be increasing its display resolutions via its large-display phones called "fonblets" starting next year.
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
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.
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 LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.
According to a source, Troy Carter apparently had been busy not managing Lady Gaga's music career, causing the music artist to sever ties with her long-term manager.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
