The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.
private investors
Virtual View App, a London-based augmented reality startup for the property market, has bagged its first external funding round of $500,000 from unnamed backers, TechCrunch reported.
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
FundersClub, the online network that links accredited investors with promising startups globally, has launched a community news site for private investors called "Venture News," VentureBeat reported.
Fund managers BlackRock Inc and Neuberger Berman Group LLC seek settlement in the amount of USD5.75 billion for mortgage backed securities fraud.
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