Isabel Lerer, the daughter of Huffington Post co-founder Ken Lerer, launched her new animal-focused news site The Dodo after securing $2 million in a seed funding round led by Lerer Ventures.
People
Henrique de Castro, ex-Yahoo No. 2, paid more than CEO- report
Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
Yahoo Editor-in-Chief Jai Singh quits
Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.
Could a senator on Snapchat be bad news for teens?
Will having Kentucky Senator Rand Paul and other adults on Snapchat make the service unpopular to teens and make it go the way of Facebook?
Yahoo COO Henrique De Castro leaves the company
Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.
Latest News
The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.
Assemblyman Jeff Gorell has proposed to put a measure before California's voters to halt bond sales to finance the state's high-speed rail system, Reuters reported.
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
Judge Kevin Gross of the US Bankruptcy Court in Wilmington, Delaware on Friday rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li. Gross ruled in favor a competitive bidding between Li and Chinese auto parts maker Wanxiang Group instead.
Ian Brady, chief investment officer of California-based firm Oak Tree Wealth Management Ltd, cautioned about taking risk in credit and property, saying performance in 2014 will be hard to come by.
Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Commission.
New York fashion company Fifth & Pacific Cos. on Thursday changed its name to Kate Spade & Co. to reflect the company's new, singular focus. The apparel maker also announced on the same day that its chief executive William McComb will be replaced by Kate Spade CEO Craig Leavitt.
Joseph Dear, the Chief Investment Officer of Calpers, the largest public pension plan in the US, has taken a medical leave to continue his personal health treatments, Bloomberg reported.
International Entertainment Corp said it would be acquiring a 70% stake in Macau gambling junket operator Sun City Gaming Promotion Co for HK$7.35 billion, Bloomberg reported.
