Sources say Mt. Gox employees confronted CEO about finances two years before seeking bankruptcy

Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.


India Agribusiness Fund invests INR75 crore in Beloorbayir Biotech

Private equity firm Agribusiness invested INR75 crore in Bangalore, India-based nutraceutical and pharmaceutical ingredients supplier Beloorbayir Biotech for the latter's product development and international expansion.

Alibaba Group Holding Ltd unit to buy Chinese department store operator Intime Retail Group Co

Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.

Ohio firm 3DKitBash launches Kickstarter campaign for 3D skull printing kit

Ohio, US-based 3D building company 3DKitBash launched a crowdfunding campaign via Kickstarter to raise $500 for a new 3D object files kit that lets users print skulls on their 3D printer.


Latest News

Microsoft has big ambitions for Bing, including making a part of its entity engine available for third party sites allowing them to showcase the important features on the search engine, TechCrunch reported.
Boston, US-based travel startup TripzonTravel.com allows travels to customize their own vacation packages by adding in the destinations, flights, hotels, transportation, and activities they want using a single platform.
Britain-based AstraZeneca has formed a flagship deal with Medical Research Council or MRC to hopefully help the drugmaker revive research on new drugs, Reuters reported.
Chennai, India-based non-banking finance firm IFMR Capital bagged $29 million in funding from specialist investor LeapFrog Investment's second investment fund for its product and service expansion.
Bizzby, a London, UK-based on-demand services marketplace for cleaners, plumbers, electricians, and other tradespeople, raised $10 million in funding from an undisclosed US-based hedge fund.
Indonesia-born and New York, US-based fashion startup Project Shoe lets women personally customize their shoes using its e-commerce platform and have the order shipped anywhere for free.
Canoe Financial LP (the "Manager" or "Canoe") announced today that it has completed the second and final closing for the initial public offering (the "Offering") of limited partnership units ("Units") of Canoe 2014 Flow-Through LP (the "Partnership") in each of the provinces of Canada, except Quebec.
American e-commerce giant Amazon.com rumors that it was planning to launch a free and ad-supported TV and music streaming service, after rumors about the supposed free service spread ahead of a scheduled New York conference.
Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.
BlackBerry's new chief John Chen revealed that its messaging app BBM now has 85 million monthly active users and a steady growth in its user base after the app was released to the Android and iOS platform in October.