Sony, Toshiba and Hitachi sign joint venture deal

Sony, Toshiba and Hitachi on Tuesday said they had signed a deal to merge their small and medium-sized liquid crystal display businesses for smartphones and tablet computers.

Nearly half of hedge funds' voluntary disclosures are 'unreliable'

(PhysOrg.com) -- New research by Oxford University and Duke University suggests that voluntary disclosures by hedge funds about their monthly investment performance are unreliable. The researchers tracked changes to statements ...

Yahoo ad exec deflects talk about becoming CEO

(AP) -- The head of Yahoo's online advertising business in North America said Monday he has been too busy trying to bring in more revenue to consider whether he would be willing to become the struggling Internet company's ...

Possible CEOs to succeed Carol Bartz at Yahoo

(AP) -- The search has now begun for a person willing to lead one of the world's most popular Internet properties, Yahoo Inc., whose problems have deepened under its three previous leaders.

Facebook sells $6.6 million in shares to fund

Facebook has sold about $6.6 million worth of its shares to the investment fund GSV Capital Corp. as the company is believed to be preparing for an initial public offering next year.

Wealthfront lets regular folks invest like the rich

Startup Wealthfront has revamped its online service to give middle- and lower-income people in the United States investment tools typically reserved for the rich to make profit on their money.

Research shows profit, not politics, drives sovereign wealth fund

Investment funds owned by national governments -- known as "sovereign wealth funds" - now wield trillions of dollars in investment power globally, raising concerns that the funds could be used for political purposes and leading ...

Entrepreneurs face venture capital funding drought

The number of US venture capital firms that raised new investment money sank to a 15-year low in the last fiscal quarter as a drought of funding threatened innovation around the world.

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