Sutter Hill Ventures invested USD 3 million in the seed funding round of Boxer. Mobile inbox developer Boxer received a seed round investment of USD 3 million from Sutter Hill Ventures.
United States
HSBC's loss may increase over time
Due to the statement by US District Court Judge Ronald A. Guzman, the USD2.46 billion judgment payment charged to HSBC Holdings for improprieties of its unit International Household, may increase due to interest on amounts due.
CBOE Holdings Inc announces rescheduled opening on its website
CBOE Holdings Inc, the largest US options exchange owner, announced on its website the schedule for trading using the VIX.
NRG Energy acquires assets from Edison Mission
An agreement was signed between NRG Energy and Edison Mission for assets worth USD2.64 billion. The largest independent power producer in the United States, NRG Energy Inc, had entered into an agreement to purchase most of the assets of the bankrupt Edison Mission Energy.
KKR approves acquisition of Avoca Capital
New York-based private equity company KKR agreed to buy Avoca Capital for an undisclosed amount. Private equity firm KKR & Co has approved the deal to purchase Avoca Capital.
Latest News
Named 'The Cartel', US regulators are reviewing how these individuals comprising the group may have influenced or attempted to manipulate the market.
Oil firm Occidental Petroleum Corp would be selling minority shares in some of its operations to increase shareholder value.
RealityCap, an iOS app software company, had published a fix for iPhone 5S owners whose sensor provide inaccurate information.
Iron Mountain had purchased Cornerstone Records Management in an all-cash transaction priced at USD191 million.
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Alex Avilam, the catcher of the Detroit Tigers, had to leave the game against the Red Sox because of a sprained left knee.
Microsoft made seemingly minor but convenient changes to Windows 8.1. Microsoft has finally released Windows 8. 1, the upgrade to its original Windows 8 operating system.
Toyota voluntarily recalled vehicles made in 2012-2013 due to safety issues. Toyota said it would notify vehicle owners through first-class mail about the recall of some of its 2012-2013 car models.
