VENTURE CAPITAL POST

Palestinian-American entrepreneur Zahi Khouri teamed up with Palestinian investors to build a Coca-Cola manufacturing plant in the Gaza Strip. This new factory would provide direct jobs for 250 people and indirectly support 1,000 local families. This move is one of the first and most significant economic development in Gaza after the end of the war in 2014.

Coca-Cola Company has plans to dispose off its nine U.S. production facilities amounting to almost $380 million to three bottling companies that help produce its drinks. This is one part of the plan to lessen the costs and streamline operations as reported by Bloomberg.

A decision by Coca-Cola Co's chief executive to decline his 2014 bonus did not go far enough, a well-known pay critic said Friday, indicating the company could face more scrutiny of its compensation ahead of its shareholder meeting this spring.

Coca-Cola Co (KO.N) reported a slightly higher-than-expected profit on Tuesday as sales in North America, its biggest market, rose for the first time in four quarters, offsetting the impact of a stronger dollar on its overseas business.

The laptops that were stolen from Coca-Cola's headquarters in Atlanta held personal information like names and Social Security numbers of up to 74,000 people, a report from The Wall Street Journal said.

New York, US-based storytelling platform Contently raised $9 million in a Series B funding to expand its advertising enterprise tools and ensure that its journalists are equipped with important publishing tools.