In an interview on "The Tonight Show with Jay Leno", President Obama confirmed the presence of a significant al Qaeda threat.
Investors
GlaxoSmithKline launches bioelectronics venture capital fund
GlaxoSmithKline (GSK), the biggest pharmaceutical firm in Britain, launched a USD 50 million venture capital fund for bioelectronic medicines and technologies.
BMC cuts leveraged buyout loans to US$3.5 billion from US$4.2 billion
BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.
BMC raises US$1.63 billion of bonds
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
MegaFon announces USD 1.2 billion Scartel buy
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
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Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
YoungAndMinted.com, the photo sharing website for people who have succeeded in business, announced that it has received funding from two unidentified investors.
Mobile photography startup Foap said it was able to secure USD 1.5 million in funds from Maxwell Ventures and Industrifonden, a venture capital firm in Sweden.
Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.
Global web services company AOL Inc announced that it would be purchasing Adap.tv for USD 405 million.
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
