Bitcoins Confusing But Future Looks Bright, Say VCs

Venture capitalists said that Bitcoins was confusing but its future looks bright. (Photo : Reuters)The image is the logo of Mangrove Capitalist, an early investor in Skype, which attended the Bitcoin London Conference on Tuesday.


Cengage Learning files for bankruptcy protection due to US$5.8B current debt

Cengage Learning filed for bankruptcy protection under chapter 11 due to its US$5.8 billion debt. (Photo : )The photo demonstrates Cengage Learning's logo.

Bidding For Optus Continues

Final bidding for Optus underway. (Photo : Reuters)Optus Satellite sale largest telecommunications deal in Australia The final round of bidding for Optus is well underway.

Reserve Bank of India: Private Placement Rules On Hold

The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.


Latest News

LCS and CareSouth Announced their plans for a joint venture. (Photo : Reuters)Joint Venture For CareSouth and LCS announced. LCS, the leader in senior lifestyle care and CareSouth, the leading regional provider for home health services, announced their joint venture, Health at Home.
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Dell Founder, Michael Dell has been advised by experts to raise his current offer of $24.4 billion to Carl Ichan
Credit Suisse's falling stocks boded ill for other Swiss stocks. (Photo : Reuters)The image shows an office of Credit Suisse, whose falling stocks indicated a drop of other Swiss stocks as well.
Adcock Ingram Holdings Ltd. received a non-binding proposal from Chilean drug manufacturer CFR Pharmaceuticals SA for US$1.3 billion.
Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.
Toshiba Corp. bought 76% stake in CyberGRID GmbH after its acquisition of Landis+Gyr in 2011 and Consert Inc. in February this year.
Huntsman Corp. continues to expand with its latest consideration, Rockwood's titanium unit. (Photo : Reuters)A woman cycles past the logo of Huntsman Corp.
Softbank Inc's bid for Sprint won the approval of the FCC. (Photo : Reuters)Softbank Corp won the approval of the FCC for its bid for Sprint Softbank's bid for mobile service provider Sprint Nextel Corp won the support that it needs from the Federal Communications Commission.
ERF Wireless, Inc. would receive US$1.5 million of debt financing under a new US$8.0 million revolving credit facility