Reuters News
Regulators said on Tuesday that companies can use Twitter, Facebook and other social media to make key announcements as long as they tell investors which sites they will use.
Paul Allen, the billionaire co-founder of Microsoft Corp, is opening an office in Silicon Valley to make new investments in emerging technology and internet companies.
Hybrid automaker Fisker Automotive has hired law firm Kirkland & Ellis to advise it on a possible bankruptcy filing, a source said on Thursday, while executives continue their search for a strategic investor. The company, founded in 2007, has raised more than $1 billion in venture capital, including $103.67 million last September 2012 from Advanced Equities Inc., Kleiner Perkins Caufield & Byers and New Enterprise Associates.
(Reuters) - Got a tech idea and want to make a fortune before you're out of your teens? Just do it, is the advice of the London schoolboy who's just sold his smartphone news app to Yahoo for a reported $30 million. The money is there, just waiting for clever new moves, said 17-year-old Nick D'Aloisio, who can point to a roster of early backers for his Summly app that includes Horizons Ventures, a venture capital firm owned by Hong Kong billionaire Li Ka-shing, Yoko Ono and Rupert Murdoch.
Silicon Valley venture capitalist Vinod Khosla has stepped into the middle of a long-standing controversy over a California tradition: open access to the state's famed beaches.
iNovia Capital and OMERS Ventures have backed mobile publishing platform Pressly to the tune of $1.5 million. The money will go towards marketing efforts. The company’s platform is designed to combine content from websites, blogs and social channels into “an interactive mobile experience.”
Has "South-by" lost its direction? For several years running, that question has hovered over the iPhone-clutching tech cogniscenti who made the annual springtime pilgrimage to the mecca of geek- and hipster-dom in Austin, Texas.
Three executive assistants are suing venture firm CMEA and one of its former partners for harassment and retaliation, marking the third lawsuit in less than a year alleging unfair treatment of women in Silicon Valley's clubby world of venture capital.
Blue-chip venture-capital firm Kleiner Perkins Caufield & Byers expressed frustration with poor fund performance and promised to do better at gatherings for investors last month, according to people familiar with the discussions.
Online scrapbook Pinterest has raised a new $200 million round of funding that gives it a valuation of $2.5 billion, the company said on Wednesday.