VENTURE CAPITAL POST

As investors await for the decision of the US Federal Reserve to the timeline when it will begin with its tapering of its monthly bond purchases, prices of gold and other minerals saw increases in the financial markets.

Despite getting clearance from accounting firm PricewaterhouseCoopers LLP regarding its fiscal statements for the last three years, activist investor Bill Ackman appeared to be not convinced that Herbalife Ltd is not operating a pyramid scheme.

General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.

Outgoing chief executive officer of General Motors Co Dan Akerson has said that US taxpayers actually netted a gain despite the US government losing $10.5 billion stemming from a bailout package it extended to the carmaker in 2009, according to an Associated Press report.

Comcast Corporation and Khan Academy, a free online education portal, jointly announced its newest venture to promote free education of digital skills in low income families to increase adoption of broadband services.

Deck, a cloud-based presentation app based in Bangalore, India, announced that it has raised $600,000 in a seed funding round led by Hotmail co-founder Sabeer Bhatia.

Entitle announced today its launch of its ebook subscription service with a subscription pricing model based on Netflix's business and its successful $5.3 million Series A funding round this year.

Google Ventures released its year-end data and, and TechCrunch noted that it has done tremendously, quieting critics who had said that the investment arm of Google Inc had not secured any major deals like with Twitter and Pinterest.

In its latest assessment for the infrastructure in the US, the American Society of Civil Engineers' (ASCE) assessment had given the nation's roads, bridges, rail, drinking water, waste water, solid waste and others an aggregate almost flunking grade.

In the European Central Bank's launch of a new 10 euro note, the Euro Zone's central bank launched an online competition wherein top-scoring players get the chance to win exclusive prizes for playing a Tetris-like game that unlocks information about the new note's security features.

Endemol, the TV production house who was made famous for its game shows like Deal Or No Deal and Fear Factor, was said to have made a $13 million strategic bet in UK-based social casino startup Plumbee.

The acquisition by dual location-based chip manufacturer Avago Technologies Ltd of LSI Corp marked the second biggest acquisition in the semiconductor industry for this year, said a Businessweek report.

A report on VentureBeat explained why the country of Ireland is not an attractive investment only for its low corporate tax rate, which many US tech companies with offices in the region had taken advantage.

Christie's International Plc is said to be conducting its first auction of artworks in Indian soil, and will highlight modern master Tyeb Mehta's (1925-2009) work entitled "Mahishasura."

A report noted that speculators who are looking to acquire Bitcoins by selling sex through certain Reddit subsections are rising at an alarming rate.