Facebook's Mark Zuckerberg and his wife Priscilla Chan were the most generous American philanthropists in 2013 according to the Chronicle of Philanthropy, the Associated Press reported.
Research
Internet-connected machines to rise, wireless carriers say- study
The mobile carriers' connections for devices like cars, smart watches and thermostats are expected to increase to 250 million this year from last year's 195 million, Bloomberg reported.
Personal savings to be used to plug long-term financing gap: EU
The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
Is career accelerators the answer to skills gap experienced by startups?
With the pipeline of talent for startups slowly drying out, Startup Institute Managing Director Andrew Hoag asks if career accelerators could provide the answer to the dearth of skills needed in these fast-growing companies in his VentureVillage post.
Number of young U.S. technology companies falls: report
Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.
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The number of campaigns waged by activist investors to compel companies to pay more expensive prices for takeover targets has increased, the Financial Times reported.
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
After losing a third of its value last week due to a ruinous blog post published about the firm by a Harvard Business School professor, Blinkx complained to a financial regular that it may have been the victim of a market manipulation, the Financial Times reported.
As crowdfunding continues to grow in popularity, its effect towards giving to more established and bigger charities have become a cause for concern among nonprofits, The New York Times reported.
Mutual funds managed by the biggest names in Wall Street like BlackRock, Brevan Howard and T. Rowe Price, are showing poor performance with the decline in the emerging markets, an analysis from Reuters said.
Private equity investments in sub-Saharan Africa totaled $1.6 billion in 2013, an increase of 43% from the year before. Sectors in the region which received most investments were energy and natural resources and banking and financial services.
A Wilshire Associates Inc report showed that public pensions in the US had median gains of 16.1% last year, with smaller public pensions outperforming the "mega" plans, Bloomberg reported.
Retailers in the US are feeling the pressure to increase their cybersecurity spending as they compete against online rivals and strive to meet the October 2015 deadline by Visa and MasterCard to be able to use chip-enabled payment cards, Reuters reported.
Venture capitalists seem to be gearing up for a very hectic year as they poured $5.8 billion in new companies in January, representing an increase to the $3.5 billion made last year, TechCrunch reported.
