US venture investments declined in 2012 (Update)

A new study shows that funding for U.S. business startups declined in 2012, the first time that's happened in three years, as venture capitalists spent less money on fewer deals.

Governing economic growth in the cloud

Gross domestic product (GDP) can be boosted by cloud computing, the system in which remote computers on the Internet are used to store, manage and process data rather than the users' local machines. A report to be published ...

Permira buys Ancestry.com for $1.6 bn

European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.

Cleantech investment down sharply in 2nd quarter

In another sign of the turbulence affecting cleantech, global clean technology venture investment dropped to $1.6 billion in the second quarter, down 14 percent from the previous quarter and 25 percent from the $2.1 billion ...

California leads green tech funding, reduces greenhouse emissions

California has had remarkable success in developing and deploying clean technology, using it to help fuel the state's economic rebound and drive its effort to cut greenhouse gas emissions, even as its population continues ...

Facebook in your mutual fund? It could be soon

(AP) -- Facebook can be a terrific way to connect with friends and family, a colossal drain on your time and productivity, or a little of both. Soon, another facet will emerge: investment opportunity.

IBM partners with Brazil billionaire Batista's EBX

US computer giant IBM has signed a deal to purchase 20 percent of a subsidiary of Brazilian billionaire Eike Batista's EBX group in exchange for a $1 billion contract, the companies announced.

Abu Dhabi gets full ownership of chip manufacturer

(AP) -- A microchip manufacturer controlled by the Abu Dhabi government says it has reached an agreement to acquire a minority stake held by former owner Advanced Micro Devices.

China has less than decade to remake economy: US

China has less than a decade to overhaul its economy and safeguard long-term growth that goes beyond a boom based on cheap labor, a top US Treasury official warned Wednesday.

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