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.
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Emerging market private equity investors still drawn to China- FT
China will continue to attract private equity investors of emerging markets, according to Paul Fletcher of Actis and Sev Vettivetpillai of Abraaj in their talk with Peter Vanham of Financial Times blog beyondbrics.
Microsoft reduces prices of storage services to compete with Amazon
Microsoft is not going to permit itself to be counted out of the cloud game and has taken on Amazon by reducing the prices of its cloud storage services, VentureBeat reported.
4 must-ask questions before joining a startup
Charles Brinbaum, now a senior associate of Bessemer Venture Partners, previously worked at startup Foursquare. In his Venture Beat guest post, he gives four questions that anyone considering to work for a startup should ask themselves.
US regulators win antitrust case against St. Luke's Health System and Saltzer Medical Group
The Federal Trade Commission scored a victory today after a federal judge ruled that the merger of a hospital chain and a doctor group must be undone because it violated antitrust laws, Bloomberg reported.
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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.
New York, US-based real estate services and investment firm Kennedy-Wilson Holdings Inc purchased Victory Plaza retail center and its neighboring 2.4-acre land in Los Angeles, California for a total of $30 million in debt.
Union Square Ventures, a New York-based venture capital firm, has secured $350 million which will be divided between its fourth early stage fund and second "opportunities" fund, Fortune reported.
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.
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.
