OAO Sberbank Chief Gref voices support for Bitcoin

Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.


Danville Materials receives $8.5M investment from North Carolina's Triangle Capital

San Ramon, California-based dental equipment designer and manufacturer Danville Materials LLC received an $8.5 million investment from North Carolina-based investment firm Triangle Capital Corp LLC.

Colorado software firm JumpCloud bags $3M in venture capital

Boulder, Colorado-based software startup JumpCloud bagged $3 million in venture capital in a round led by Bullet Time Ventures and Foundry Group, to fund the expansion of its software engineering and development team.

Investment fund explores sale of specialist bathrooms retailer Bathstore

The investment fund Endless is mulling a sale of specialist bathroom retailer Bathstore which it acquired from plumbing group Wolseley in 2012, Sky News reported.


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Although there are worries about the shortfall of funding for the venture capital industry, venture capitalists are optimistic that this will continue to be a good year for firms looking to raise money, the U-T San Diego news site reported.
Marijuana entrepreneurs were given the chance to pitch their products to a group of investors in a conference organized by angel investor firm ArcView Group, Bloomberg reported.
Cork, Ireland-based product development services provider PCH International acquired Toronto, Canada-based e-commerce platform ShopLocket for an undisclosed amount to provide development solutions for hardware startups.
Parents think their children actually learn more from watching television than using education apps on their mobile gadgets, according to data gathered by New York-based research firm The Joan Ganz Cooney Center.
A source interviewed by Reuters said billionaire activist investor Carl Icahn had a higher stake in eBay than what was previously reported, saying that his stake was near 2%.
Atlanta, Georgia-based home improvement specialty retailer Home Depot purchased Houston-based window covering seller Blinds.com for an undisclosed amount to expand the technology on its company website.
US Treasury Secretary Jack Lew and JPMorgan Chairman & Chief Executive Officer Jamie Dimon cautioned on the dangers of using the Bitcoin and predicted that regulation would most likely end it, the Financial Times reported.
Rare Enterprises, the company of ace investor Rakesh Jhunjhunwala, picked up 6.85 lakh shares of India-based liquor firm Radico Khaitan via open market in a deal valued at INR11.50 crore.
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Venture capitalist Jamie McCourt gave a $25,000 grant to UNICEF to support this year's UNICEF Ball fund campaign. McCourt, who owns Jamie Enterprises, gave the grant late last month.