Private equity investor Andrea Bonomi, the biggest investor in Milan, Italy-based banking firm Banca Popolare di Milano (Pop Milano), has offloaded his entire 8.6% stake in the bank, according to a source familiar with the matter.
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KKR & Co's Energy and Infrastructure unit head Marc Lipschultz steps down from Energy Future Holdings Corp board
Marc Lipschultz, the head of global investment firm KKR & Co's Energy and Infrastructure unit, has resigned from the board of Energy Future Holdings Corp, Bloomberg reported.
New York's Peleton Entertainment buys Creative Media
New York-based television agency Peleton Entertainment bought Todd Berger's consulting firm Creative Media for an undisclosed amount to expand into animation, branded entertainment, and feature film.
Report gives reasons why emerging market economies are in turmoil this week
This week, emerging market economies were battered. A report written on Bloomberg View by its editors gives the reasons why this has happened and what can be done about it.
Viking Partners sells Fishers Crossing shopping center to California firm in $4.1M deal
Blue Ash, Ohio-based private equity real estate firm Viking Partners sold Indiana-based shopping center Fishers Crossing to a California-based investor in a deal valued at $4.1 million.
Latest News
The Motorola Mobility unit of Google was mostly defeated in the antitrust case it filed against LCD makers it had claimed colluded to fix prices, Bloomberg reported.
After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.
American firm STOPit launched a mobile app that functions as a tool that students, parents, and schools can use to fight cyberbullying and report an incident to school officials, authorized adults, or law enforcers.
In a funny coincidence, four engineers from Google's Site Reliability Engineering (SRE) team were on Reddit's Ask Me Anything (AMA) thread right before Gmail and other Google services experienced a worldwide outage.
Google just got hit with an outage that brought down Gmail, Google Plus, Google Voice, Hangouts, and other services which lasted for around 20 minutes and got resolved by 12:23 PM Pacific Time.
The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.
UK-based recycling, renewable energy and waste management firm Viridor invested in a £25-million glass recycling facility in Scotland that will help create 300 full-time jobs in the country.
The Irish government will be offering empty buildings owned by the National Asset Management Agency (NAMA) as free offices for startups under the 2014 Action Plan for Jobs.
Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.
