Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
People
Donors give California Governor Jerry Brown $17M for gubernatorial race
While incumbent California Governor Jerry Brown has not expressed his plans to run again, donors like Exxon Mobile, Facebook Inc and Microsoft Corp have contributed to his campaign chest, Bloomberg reported.
Microsoft Corp set to appoint Nadella as new chief - sources
Preparations are underway for Microsoft to appoint its enterprise and cloud head Satya Nadella as its new chief executive officer, sources who were familiar with the process told Bloomberg.
NFL seen tapping into wall street professionals for top posts
A surge in hiring former Wall Street professionals to top positions in sports leagues such as NFL has been seen in recent times, thanks to the fact that sports leagues like the NFL are billion-dollar generating enterprises.
Allen's investment in Seahawks did better than Microsoft - report
Microsoft co-founder Paul Allen's investment in professional football team the Seattle Seahawks, current 2014 NFC Champions in Super Bowl Sunday, appeared to have paid off despite losing over $8 billion initially.
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General Electric Co Chief Executive Officer Jeffrey Immelt has asked private investors to pour more funds in African nations where government-run services have been strained, Bloomberg reported.
The sale of the art collection of convicted jeweler Ralph O. Esmerian was able to gather $13 million, $10.5 million of which will go to creditors, Bloomberg reported.
Venture capitalist and co-founder of Kleiner Perkins Caufield Byers Tom Perkins says he regretted comparing the rich to the Jewish victims of Nazi Germany in an interview with Emily Chang of Bloomberg West TV, VentureBeat reported.
Ezra Klein, the political writer known for his explainer approach to policy topics, has left The Washington Post to start his own news site with The Verge, TechCrunch reported.
Karl Slym, managing director of India-based automotive firm Tata Motors Ltd, was found dead after falling from the 22nd floor of the Shangri-La hotel in Thailand in what police suspect as a suicide case.
Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
Users in social media criticized billionaire venture capitalist Thomas Perkins for an open letter he sent to and was published in The Wall Street Journal comparing rich Americans to the Jews who suffered in the Holocaust, The Independent reported.
Marc Lipschultz, the head of global investment firm KKR & Co's Energy and Infrastructure unit, has resigned from the board of Energy Future Holdings Corp, Bloomberg reported.
