Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.

Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.

Global venture capital financing increased globally last quarter according to a report by Preqin. Global venture capital had reached late 2012 levels of financing, increasing the numbers to US$10.

S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.

Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.

A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.

US jobs results confirm Fed's expectations and strengthens the dollar. US Dollar is at its strongest in three years against major currencies following the jobs report released on Friday amid growing market expectations that the scaling back the Federal Reserve's stimulus program will come as early as September The U.

Actis is finalizing a deal where it would make it a significant minority shareholder in Symbiotec Pharmalab.

Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.

TransAlta Corp planned to spin off its wind and hydroelectric power plants through an initial public offering to increase the company’s value.