VENTURE CAPITAL POST

Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.

Live Nation completed a debt refinancing which would cut its yearly cash interest payments by USD12 million.

Groupon stocks dropped by 4.2% to USD9.78 after Tiger Global Management LLC cut its stake in the company.

In 2009, Harvard sophomore James Hirschield's dilemma about his 21st birthday led to a multimillion dollar startup called Paperless Post.

Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.

Computer Sciences Corp. set high forecast earnings, beating analyst estimates and earned 4.6 percent rise in stock prices.

CBS blocked the access of Time Warner cable's customers to online shows after the cable operator dropped it from its network.

According to China Labor Watch, Pegatron Corp violated the rights of its workers at its factories in Shanghai and Suzhou, China.

The New York Yankees will pay US$6.8 million for acquiring Alfonso Soriano.

The former Congressman of New York who recently announced that he would run for New York City mayor faces allegations of sending inappropriate messages to a young woman.

The former Governor of New York, Eliot Spitzer, said that the public would forgive the respected journalist and host's, Geraldo Rivera, now-deleted selfie photo on Twitter.

Venture capital reached US$1.3 billion in New York.

Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley.

CIT Group Inc served as Lead Arranger in US$42 million worth financing for Garrison Investment Group.

Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.