The Federal Bureau of Investigation (FBI) confirmed that they arrested Jon Miller, the founder of San Francisco, US-based real-world analytics startup Motionloft, in connection with a false claim about an acquisition of the firm.
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Northwest Biotherapeutics set its sights on developing treatment for brain cancer
Northwest Biotherapeutics, a company backed by venture capitalist Linda Powers, seeks to develop therapies for brain cancer and other tumors after nearly closing its doors a decade ago, Reuters reported.
Google's Eric Schmidt to donate $1M to firms that use technology to solve world problems
Google Chairman Eric Schmidt said he will be putting money where his mouth is and donating $1 million to companies that will use technology to find solutions to global problems, TechCrunch reported.
Silicon Valley entrepreneur Steve Perlman introduces wireless tech pCell
Entrepreneur Steve Perlman finally unveiled the wireless technology his self-funded startup Artemis Networks has been working on for the past ten years. It's called pCell, VentureBeat reported.
Mt. Gox CEO resigns from the board of Bitcoin Foundation
Mt. Gox Chief Executive Officer Mark Karpelès has resigned as a board member from the Bitcoin Foundation, according to a source interviewed by The WSJ and confirmed by the foundation with a statement on its website.
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Robert Lamprecht has been named as the South Africa Chief Executive Officer of Renaissance Capital Holdings, a Russia-based investment bank. He replaces Clifford Sacks who now serves as the firm's South Africa Chairman, Bloomberg reported.
KKT Interactive owner and Snap-pay.com co-founder Jim Rudnick has introduced a crowdfunding site which intends to help entrepreneurs in Hamilton, Ontario, The Hamilton Spectator reported.
The emergence of cryptocurrencies, especially Bitcoin, has raised many to speculate whether the concept of a global digital currency is inevitable in today's society. Andrew Filipowski, founder and former CEO of PLATINUM technology, inc and current Chairman & CEO of SilkRoad Equity, believes that the value and promise of Bitcoin can completely revolutionize the global economy and has the inevitable potential to bypass banks altogether.
Chinese bloggers asked for the help of US Secretary of State John Kerry to help push for Internet freedom in China in a meeting at the US Embassy in Beijing, Bloomberg reported.
Ronny Conway closed his early-stage fund targeted at relieving the Series A crunch for startups. The size of the fund was $51 million, TechCrunch reported citing a filing with the Securities and Exchange Commission.
Peter Hamilton, the Chief Executive Officer of HasOffers, has told Facebook that they deserve a second chance after they were removed as a partner for not adhering to the social media firm's data collection and sharing rules, VentureBeat reported.
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
After selling Mt. Gox to French entrepreneurs in 2011, the Bitcoin exchange's original creator Jed McCaleb is already working on another Bitcoin-related project.
Governor Raghuram Rajan of the Reserve Bank of India has reiterated concerns about the stability and credibility of virtual currencies like the Bitcoin, TechCrunch reported.
