Weather New York, NY +-460°F


Mellody Hobson (L) and George Lucas

Billionaire George Lucas donates $10M to recruit young padawans to filmmaking

American film maker, producer, writer and creator of Star Wars, billionaire George Lucas and his wife Mellody Hobson, through the George Lucas Family Foundation, are donating $10 million to George Lucas' alma mater - the University of Southern California's School of Cinematic Arts.

Read Full Article

New crowdfunding norms to push US start-ups

The newly-approved crowdfunding norms will enable start-ups to mobilize funds from mom-and-pop investors over the internet. The US Securities and Exchange Commission (SEC) has okayed the new rules on crowdfunding with a majority voting of three to one. The Business Startups (JOBS) act has been enacted with bipartisan support to facilitate new startups with more flexibility in the mobilization of funds. SEC also changed the audit provisions of the crowdfunding rules.

Read Full Article

Revlon raises over $2M in crowdfunding for women's health charities

Revlon, Inc. has recently exceeded their goal of raising $1 million on crowdfunds for women's charity organizations, mainly owing to the support of mega stars such as Halle Berry, Emma Stone, Olivia Wilde, among others.

Read Full Article
Laser beam cutting equipment

KickStarter bans laser-powered razor campaign for lack of working prototype

Kickstarter, the popular online crowdfunding platform, has just banned a project for its failure to provide evidence of a working prototype. The project was for a laser-powered razor called Skarp which has raised over $4 million in crowdfunding since it was first announced.

Read Full Article
The Pentagon’s Mega Blimp

Unable to pay salaries, Afghanistan asks donors for more money

Afghanistan does not have enough money to pay salaries this month and has asked aid donors for a bailout before the end of the year, the treasury chief told Reuters on Thursday.

Read Full Article

Massive white truffle to be sold at New York auction

An Italian white truffle, reportedly the largest in the world, will be sold at an in-house and online auction in New York on Saturday where bidding is expected to start at $50,000 and could go much higher, Sotheby's said on Thursday.

Read Full Article
Jerry Perenchio

From Monet to Picasso, L.A. museum gets major gift from mogul

In a town famously built on self-promotion, Hollywood mogul Jerry Perenchio preferred to stay out of the spotlight, which he says "fades your suit."

Read Full Article

Thousands raised to buy car for Pennsylvania sniper's lookalike

Jim Tully's hours-long walks to and from work in the Pocono Mountains, where he has been repeatedly stopped by police in a case of mistaken identity in the manhunt for a Pennsylvania cop killer, may be coming to an end.

Read Full Article

China to offer $82 million in fourth round of Ebola aid

China said on Friday it would donate 500 million yuan ($82 million) to Liberia, Sierra Leone and Guinea to battle Ebola, its largest round of aid to help contain the spread of the deadly virus.

Read Full Article
Li Ka Shing

China's companies, billionaires must step up to fight Ebola: WFP

China's corporations and billionaires have lagged behind in contributions to fighting the Ebola epidemic in West Africa despite vast economic ties to the region, the World Food Programme said on Monday.

Read Full Article
Non GMO campaign

GMO labeling foes spend big on campaigns in Oregon, Colorado

Opponents of GMO food labeling proposals on the ballot next month in Oregon and Colorado have contributed roughly $20 million for campaigning against the proposed laws, nearly triple the money raised by supporters of the initiatives, campaign finance reports show.

Read Full Article
Ebola virus treatment centre

U.S. funds to fight Ebola now top $1 billion, may rise

The U.S. government now has more than $1 billion available to fight the spread of Ebola from West Africa and is proceeding with plans to deploy up to 4,000 military personnel to the region by late October.

Read Full Article
Simi Valley Landfill and Recycling Center

Philanthropies, including Rockefellers and Investors pledge $50 billion fossil fuel divestment

The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments.

Read Full Article

Harvard receives largest-ever gift, $350 million for public health

Harvard University has received the largest donation in its history, the school announced on Monday: $350 million from the Morningside Foundation to the School of Public Health.

Read Full Article
Smarty Pants

US vitamin seller SmartyPants bags $2.2M via equity crowdfunding

Venice, California-based online vitamin seller SmartyPants Vitamins bagged $2.2 million in a new capital raising via San Francisco-based equity crowdfunding platform CircleUp to develop new products and expand its workforce.

Read Full Article
1 2 3 4 5 6 7 8

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics