An analysis of the filings made by small businesses with the US Securities and Exchange Commission indicate that more than 320 of them would want to raise funding via social media, and a handful had already raised funding.
Legal & Regulatory
Assets of money market funds drop USD3.15 billion - Investment Company Institute
Data released by mutual group Investment Company Institute showed an overall drop of money market mutual fund assets in retail, institutional, taxable funds, and tax-exempted fund segments.
Fee examiner approves USD 240 million payout to Eastman Kodak Co's bankruptcy advisers
Fee examiner Richard Stern recommended to Judge Allan Gropper that USD 240 million in fees and expenses be paid to Eastman Kodak Co's lawyers and advisers.
B2Gold Corp signs arrangement agreement with Volta Resources
Vancouver-based gold producer B2Gold Corp said it signed a definitive agreement with Canadian resource company Volta Resources Inc for the business combination of the two companies.
Judge sides with Google on book-scanning case
Judge Denny Chin of the US Circuit Court in New York ruled that the scanning can be classified as fair use since it was "highly transformative." Chin also said that the scanning was not detrimental to the marketing for the author's work.
Latest News
Additional requirements on the amended Jumpstart Our Business Startups Act (JOBS) of 2012 would still hinder entrepreneurs and companies to secure funding via social media sites like Facebook and Twitter.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Apple Inc was not a stranger to claims by foreign governments who insisted that the Cupertino, California-based company had used specific accounting practices in order to avoid paying hefty taxes.
Amid the run up to the Third Plenum, many market investors who have waited for the policy direction from the Chinese government had made them either hopeful or disappointed with the communique released by President Xi Jinping.
Private equity firms investing in India seek government action on alleged fraud with portfolio firms
Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.
The Third Plenum reiterated the central role of state-owned enterprises as well as the the large role markets play in the future of the Chinese economy.
A source told Reuters that Washington-based lobbying firm Patton Boggs' merger discussions with Dallas-based law firm Locke Lord included a due diligence review of a possible merger suitor.
In a moment of candor, Canadian Finance Minister confirmed that the federal government would be open to options as to how to best utilize its 8.5% stake in the Hibernia offshore oil project.
Petroleos de Venezuela SA is set on selling USD4.5 billion worth of bonds to increase scarce international reserves as well as curb the fastest rising inflation rate in the world.
