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More Investors Pile Into Twitter’s Funding Round, Now Reportedly Close To $100 Million

More Investors Pile Into Twitter’s Funding Round, Now Reportedly Close To $100 Million

Twitter is about to raise a boatload of cash. Last week we broke the news that Twitter is raising another round of funding at a $1 billion valuation and that one of the new investors in that round is Insight Venture Partners.

 

Palin Addresses Asian Investors

Palin Addresses Asian Investors

In her first public speaking engagement outside North America, Sarah Palin blamed the financial crisis on government excesses and said China "makes people nervous."

 

EBay to sell Skype to private investors: report

EBay to sell Skype to private investors: report

Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans.

 

Investors cheer Chinese takeover of Felix

Investors on Friday firmly endorsed an Australian dollars 3.5 billion plan for Yanzhou Coal to buy Felix Resources Ltd. in what would be China's biggest investment yet in the Australian minerals sector.

 

Oil Prices Fall as Hope of Quick Recovery Wanes

Prices have dropped as traders and investors acknowledge that a global recovery will take longer than hoped.

 

US prosecutors oppose bail for Stanford

Sir Allen Stanford faced the possibility of a long detention, after US federal prosecutors filed papers opposing any move to grant the fallen financier freedom on bail pending his trial for wide-ranging fraud charges.

 

Madoff gets 150-year prison sentence

Madoff gets 150-year prison sentence

U.S. District Judge Denny Chin sentenced Bernard Madoff on Monday to 150 years in prison, the maximum sentence sought by prosecutors.

 

European and Asian Shares Slide

Investors booked gains on last week’s rally and turned cautious about claims that the global economy is past the worst and ready to recover.

 

Source: $20M missing in murder-suicide case

Source: $20M missing in murder-suicide case

More than $20 million from dozens of clients is unaccounted for in the aftermath of what police say was a murder-suicide by the attorney who invested the money, according to a source with direct knowledge of deceased lawyer William Parente's financial dealings.

 

Financial Overhaul Plan Draws GOP Opposition

Financial Overhaul Plan Draws GOP Opposition

The Obama administration's aggressive plan for strict scrutiny of hedge funds and other freewheeling investors, part of the biggest expansion of financial restraints since the Great Depression, is drawing instant opposition from Republican lawmakers and the rules' targets. And skeptics are questioning whether the new rulebook would work anyway.

 

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