San Francisco Municipal Transportation Agency agrees to charge Silicon Valley tech firms for using public bus stop

Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.


San Francisco's Docker bags $15M in funding for open-source app-building tool

San Francisco, California-based open-source app deployment project Docker bagged $15 million in a new funding round from Greylock Partners and Insight Venture Partners to help developers build applications faster.

Mohamed El-Erian to leave Pimco in mid-March

Pimco's Chief Executive and Co-Chief Investment Officer and long viewed as heir to Co-Founder Bill Gross, Mohamed El-Erian will be leaving the world's largest bond fund manager in mid-March, Reuters reported.

Troubled Missouri data storage firm IceWEB eyes capital raising

Kansas City, Missouri-based troubled data storage firm IceWEB Inc plans to sell equity securities to raise capital increase sales of its products and services in order to continue its operations.


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Perth, Australia-based gold mining and mineral exploration firm Saracen Mineral Holdings acquired Western Australia's unloved Thunderbox gold mine from Russian giant Norilsk in a deal valued at $20 million.
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Learning Technologies (HLT).
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.
Johannesburg, South Africa-based independent retirement fund administrator Alexander Forbes Ltd sold its 60% holding in Lane Clark & Peacock's Swiss unit for an undisclosed sum last year, ahead of a 2014 initial public offering (IPO).
New research from Capital Crowdfund Advisors showed that entrepreneurs who crowdfunded did very well, getting an increase in sales, among others, Forbes Contributor Cheryl Conner reported.
Tony Gallagher, the editor of UK-based newspaper Daily Telegraph, stepped down from his position amid a restructuring program as the company prepares to shift its focus to digital publishing.
Canada's Waterloo region posted a substantial rise in venture capital funds, with the creation of Open Text Applications Venture Fund and the Northleaf Venture Catalyst Fund, TheRecord.com reported.