Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out

Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing a potential hurdle to the GBP 550 million ($737 million) deal. The sale to Canyon Bridge Capital Partners, announced on Friday, is contingent on Imagination offloading its MIPS processor technology in a … Read more Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out

Apple to Create $1-Billion US Advanced Manufacturing Fund

Apple plans to create a $1 billion (roughly Rs. 6,421 crores) fund to invest in US companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker’s latest effort to show how it is creating US jobs. The Cupertino, California company will announce the fund’s first investment later in May, … Read more Apple to Create $1-Billion US Advanced Manufacturing Fund

Goldman hedge fund folding London operations, shifting staff to US: sources

Goldman Sachs (Reuters File Photo) Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting staff members to New York, four sources told Reuters. About eight staff members who made up the London team were … Read more Goldman hedge fund folding London operations, shifting staff to US: sources

Italy’s government set to bail out world’s oldest bank with last-ditch rescue fund

Italy’s parliament has approved a 20 billion-euro ($20.8 billion) rescue fund for Monte dei Paschi di Siena after the embattled lender’s last-ditch private sector rescue plan failed to secure an anchor investor. The world’s oldest bank announced late on Wednesday that it had failed to attract a major investor to commit 1 billion euros, which … Read more Italy’s government set to bail out world’s oldest bank with last-ditch rescue fund

Indian-American IT entrepreneur to fund Indian journalist

A candidate who has three years of professional experience as a journalist and employed as a journalist by an independent news media organisation in India can apply for the fellowship Journalist Fellowship RELATED STORIES Kerala government offers 70 acres land to set up IIT Palakkad free of cost Microsoft Research India’s researchers named ACM fellows … Read more Indian-American IT entrepreneur to fund Indian journalist

Billionaire Peltz’s fund is buying ‘quite a bit of stock’ — but he isn’t saying where

8 SHARES Patrick T. Fallon | Bloomberg | Getty Images Nelson Peltz Billionaire investor Nelson Peltz has opened a new position in a stock, and he says he has more to buy. But he’s not tipping his hand. “We’ve started buying about two weeks ago,” he said Monday on CNBC’s “Squawk on the Street.” Peltz … Read more Billionaire Peltz’s fund is buying ‘quite a bit of stock’ — but he isn’t saying where

take a look at out the $one hundred billion hedge fund, and the challengers to the throne

inside the hedge fund global, the wealthy are becoming richer — but just barely. At a time when the $three trillion industry as an entire is suffering to keep assets, the arena‘s largestfund just handed the $100-billion mark. Ray Dalio’s Bridgewater friends leads the manner, consistent withthe contemporary scores from Institutional Investor’s Alpha. however the … Read more take a look at out the $one hundred billion hedge fund, and the challengers to the throne

Why one tech fund supervisor is hot on Amazon, not a lot on facebook

shares of Amazon are extra appealing than facebook inventory because the e-trade massive‘s long–time period course to growth is clearer than the social network‘s street to destiny revenue gains, Josh Spencer, portfolio manager of the T. Rowe fee worldwide generation Fund, said Wednesday. Amazon has two routes to achievement with its online retail commercial enterprise … Read more Why one tech fund supervisor is hot on Amazon, not a lot on facebook

Why,one,tech,fund,manager,is,warm,on,Amazon,,now,not,a,lot,on,fb

Twitter has been a part of primary conversations around the sector in its ten years of lifestyles, with a hundred and forty man or woman tweets ranging from historical elections to star-studded Oscar selfies tolive cricket tournaments. Now, the company is specializing in a brand new, growing phenomenon, according to one of its executives: stay … Read more Why,one,tech,fund,manager,is,warm,on,Amazon,,now,not,a,lot,on,fb

Why one tech fund manager is warm on Amazon, now not a lot on facebook

hares of Amazon are greater appealing than facebook stock due to the fact the e-commerce large‘slengthy–time period direction to increase is clearer than the social community‘s avenue to future salesgains, Josh Spencer, portfolio supervisor of the T. Rowe rate global technology Fund, stated Wednesday. Amazon has routes to success with its online retail enterprise and … Read more Why one tech fund manager is warm on Amazon, now not a lot on facebook