Herbalife says FTC now probing firm's operations

The US Federal Trade Commission has begun an inquiry into the operations of nutrition and weight loss firm Herbalife, an inquiry that has long been asked for by activist investor William Ackman, Reuters reported.


Citizens Inc adds Mississippi insurer Magnolia Guaranty in $5.23M cash deal

Austin, Texas-based legal reserve life insurance firm Citizens Inc, through its subsidiary, added Ridgeland, Mississippi-based firm Magnolia Guaranty Life Insurance Co in a deal valued at $5.23 million.

Kaspersky Lab research says Agent.BTZ virus infected at least 400,000 computers in Russia and Europe in 2008

Kaspersky Lab published new research that the old worm known as Agent.BTZ infected at least 400,000 computers in Russia and Europe after breaching the Central Command of the US military, Reuters reported.

Overstock's Bitcoin sales range from $20K to $30K per day and growing

Chief Executive Officer Patrick Byrne of Overstock said they are recording $20,000 to $30,000 worth of Bitcoin transactions per day and growing, Business Insider reported.


Latest News

Google gave the Home Office in the UK "super flagger" access to YouTube, allowing them to screen content that they feel are a national security threat, the Financial Times reported.
Montreal, Canada-based pension fund manager Caisse de dépôt et placement du Québec (La Caisse) invested $40 million to support the growth of Quebec-based professional services firm WSP Global, formerly Genivar, despite damaging issues about the company.
Alibaba is almost certain that it will not be undertaking its initial public offering in Hong Kong but in New York, according to sources interviewed by the Financial Times.
Trulioo has obtained $6 million for its Series A round led by Trulioo has obtained $6 million in its Series A funding round, TechCrunch reported. Tenfore Holdings led the round for the identity verification startup.
Unified digital platform Omniata secured $5.2 million for its Series A round led by Nordic venture capital firm Creandum and participated in by seed investor Sigma West, a statement about the funding said.
Google Capital led the latest funding round for Credit Karma which secured $85 million. The financing was also participated in Tiger Global Management and its existing backers, TechCrunch reported.
King Digital Entertainment, the British developer of the widely-active game Candy Crush Saga, could be valued up to $7.6 billion after it holds its initial public offering, AFP reported.
Nimble has added the "Smart Summary" to its social relationship management platform and related apps, allowing users to get completed and updated information about their contacts easily, a statement about the addition said.
UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.