Connie Loizos
Alibaba pushes into social networking with its Weibo investment, Foursquare reveals how it plans to make money, and Barry Diller calls purchasing Newsweek a mistake. And so much more!
Insight Venture Partners -- which counts Twitter, Flipboard, Tumblr, and Living Social among its many investments -- has raised $1.49 billion and has plans to raise roughly $900 million more, according to SEC filings.
Google's Eric Schmidt on Google Glass: Yes, talking to your glasses is weird. LivingSocial has been hacked. What do you get when you mix a hedge fund executive, a socialite and an ex-Goldman executive? And so much more!
Why Alibaba could be China's next $100 billion IPO, Moscow tries to reinvent itself as a financial hub, and George Soros buys a 7.9 percent stake in struggling J.C. Penney. And so much more!
Safeguard Scientifics, the Wayne, Pa.-based investment company that focuses on growth-stage healthcare and tech companies, has promoted Jeffrey McGroaty to Senior VP and CFO. McGroaty joined the company in 2005 as a vice president and corporate controller. He succeeds Stephen Zarrilli, who was named president and CEO of Safeguard last November.
Apple's second quarter numbers trounce expectations, an MF Global trustee is suing Jon Corzine over the firm's collapse, and Bill Gates inadvertently infuriates all of Korea with one handshake. And so much more!
The U.S. restaurant industry is beginning to sizzle, according to the 23rd edition of the Chain Restaurant Industry Review, which was released Tuesday at the Restaurant Leadership Conference in Scottsdale, Arizona by GE Capital, Franchise Finance (GEFF). According to the company's findings, merger and acquisition activity increased to $3.9 billion from $3.7 billion, and the total volume of syndicated leveraged loans in the restaurant space increased almost 21 percent last year.
Owing to low interest rates, pension plans that have increasingly turned to less risky, longer-duration, fixed-income assets may find themselves locking in very low future returns, says a new report out Cambridge Associates.
Google tops first quarter profit expectations, automotive experts say to expect self-driving cars in 2025 and no sooner, and Fred Wilson on Bitcoin, Airbnb, and immigration (video). And so much more!
European Capital Limited announced today that it has received €7.2 million from exiting its investments in Scaff'holding. European Capital realized a c. 1.8x money multiple on its initial investment, representing a 13% IRR. Scaff'holding, based in Paris, rents and sells scaffolding and shoring systems. The exit for European Capital -- A Guernsey-based investment company for pan-European equity, mezzanine, unitranche and senior debt investments -- comes as Scaff'holding and its majority shareholder, Equistone, have agreed on a tertiary buyout led by management and supported by minority equity investors.