Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
People
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.
Troy Carter loses Lady Gaga amidst set up of new USD75 million fund
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, Nissan modifies Mitsubishi partnership to reduce costs
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.
Justin Bieber invests USD1.1 million in seed round for social network
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
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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.
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
New Jersey Police Chief Allen Cummings in an interview with Associated Press, said family members received text messages on suicide from Paul Ciancia, the LAX shooter.
