Rengan Rajaratnam, the younger brother of Galleon Group Founder Raj Rajaratnam, has asked the US District Court in New York to dismiss charges of insider trading filed against him last year, Reuters reported.
People
AOL CEO Tim Armstrong dials back retirement benefit cut, apologizes for unwarranted remarks
Tim Armstrong, the chief executive of mass media company AOL Inc., on Saturday issued a memo informing employees that his company would revert to its previous employee retirement benefit plan after drawing outrage from employees. Armstrong also apologized for an unpopular remark he made in an attempt to explain the change in policy.
Facebook CEO Mark Zuckerberg and his wife rank 1st as the most generous philanthropists for 2013 in US
Facebook's Mark Zuckerberg and his wife Priscilla Chan were the most generous American philanthropists in 2013 according to the Chronicle of Philanthropy, the Associated Press reported.
Ex-Goldman Sachs Group Inc partner to form his own hedge fund-sources
Leland Lim, a former partner at Goldman Sachs Group Inc, is planning to form his own hedge fund, according to sources with knowledge of the situation interviewed by Bloomberg.
ISS recommends against approving Icahn's share buyback plan for Apple Inc
Proxy advisory firm ISS Inc has urged shareholders not to support the share buyback proposed by Carl Icahn to return more cash to its shareholders, Reuters reported.
Latest News
Alleged Silk Road operator Ross William Ulbricht will have a November 3 trial date after pleading not guilty in a Manhattan federal court, Bloomberg reported.
New Bitcoin startup investor Ben Horowitz of US-based venture capital firm Andreessen Horowitz and Bitcoin skeptic Felix Salmon made a bet against each other on the status of the digital currency as a payment mechanism by 2109.
Fidelity Worldwide Investment's Head of Asian Fixed Income Sabita Prakash has left the firm, according to a source interviewed by Reuters and confirmed by a company spokesman.
Michael Carsley, a US fund manager, has informed an Australian court that he intends to drop a case against a horse betting club in the country that seeks to get back his losses, Bloomberg reported.
Glassdoor, the leading jobs and career community, today announced it has strengthened its executive leadership team with the appointment of Adam C. Spiegel as chief financial officer.
Mike Cousins and Cliff Weiner, former executives of Orix USA, have been hired by Preston Hollow Capital, reuniting them with their former CEO Jim Thompson, Bloomberg reported.
Google advertising executive Susan Wojcicki is reportedly being promoted to chief position at YouTube to improve the latter's video ad revenue, according to The Information.
HealthTech Capital Founder and veteran venture capitalist Anne DeGheest warns that there is a bubble forming in information technology for the healthcare industry in an interview with The Wall Street Journal's blog Venture Capital Dispatch.
TechCrunch looked more closely into the compensation package of Microsoft Chief Executive Officer Satya Nadella submitted by the company in a filing to the US Securities and Exchange Commission.
