The third richest man in America and the sixth richest billionaire in the world, Oracle founder and CEO Larry Ellison, is interested in bidding on the Anschutz Entertainment Group (AEG) sports and entertainment empire, Reuters reported this morning based on two inside sources.
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Native American Activist Russell Means Dies at 72, Known for Stand-off with Government at Wounded Knee
Lakota Sioux activist Russell Charles Means died Monday of esophageal cancer at his ranch on the Pine Ridge Reservation in South Dakota, according to a statement released by his family. He was 72.
Traffic Low for Online Video Chat Service 'Airtime' Despite Top Firms' Backing, According to AppData
Despite a splashy, star-studded coming out party in June and funding from celebrities and big name venture capital firms, the video chat start-up Airtime appears to be struggling, based on information published in The New York Times today. "So far its traffic appears to be little more than a trickle," reporter Jenna Wortham wrote.
'Emmanuelle' Star Sylvia Kristel Dies at 60, Among Netherlands' Biggest Movie Stars (VIDEO)
he Dutch star of the 1974 erotic hit sensation "Emmanuelle" passed away in her sleep Wednesday night at age 60, according to a statement made by her agent, Features Creative Management, the Associated Press reported Thursday.
Citi CEO Vikram Pandit Steps down Abruptly, What's Next?
Citigroup Inc. announced on Tuesday that CEO Vikram Pandit, 55, who has held the post since the eve of the financial crisis in 2008, is stepping down.
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Beano Cook, whose real name was Carroll Hoff Cook, passed away in his sleep, the University of Pittsburgh announced today, as reported by ESPN. He was 81.
Google CEO Eric Schmidt called the contentious relationship between Google and Apple, the industry's defining fight in an interview in New York on Wednesday.
Forerunner raised more funds than any other venture capital firm for the quarter, $41.7 million for its inaugural fund, Dow Jones reported yesterday. What the press release didn't mention is that Forerunner Ventures is a female-only firm.
A seven judge panel ruled on Thursday that 41 lawsuits filed in California, Florida and New York against Facebook, NASDAQ and underwriters connected to the social media's IPO in May be heard in New York, Bloomberg reported.
In the midst of an ongoing New York State investigation into the accounting practices of some of the country's largest private equity firms, two Republican Congressmen asked State Attorney General Eric Schneiderman's office to "cease its efforts" with regard to requests for tax information made directly to the entities involved, The Huffington Post reported last week.
Yesterday NYC Mayor Michael R. Bloomberg and Bloomberg Philanthropies hosted a private summit to discuss ways of attracting tech businesses to New York, and make sure that the US keeps its edge in tech innovation, amNew York reported today.
The fastest-growing venture capitalist firm in Silicon Valley, Andreessen Horowitz, announced that former Washington mayor Adrian Fenty will join its team as a special advisor, The New York Times reported on Wednesday.
Equity International chief executive Gary Garrabrant has left the U.S. private equity firm. Equity International chief executive Gary Garrabrant has left the U.
An investor in Tesla Motors Inc thinks it may be time for big competitors of the electric car maker to admit defeat on their electric models and focus on the next technological leap, perhaps flying cars.
