August 2, 2011 |
Twitter Inc. doesn't seem to be in any hurry to offer its shares to the public. Instead it has raised another round of funding from some very deep-pocketed and plugged-in private investors. The San Francisco company acknowledged a "significant" round of funding from preexisting investors and new investor Digital Sky Technologies, the investment engine run by Russian billionaire Yuri Milner. Milner has significant stakes in social networking's hottest companies, including Facebook Inc. People familiar with the funding peg it at $800 million, which would make Twitter worth $8 billion.
April 8, 2011 |
Planned Parenthood is yet again at the center of a political maelstrom. Republican lawmakers want to cut funding to the organization, or else they will not agree to a budget that has spending cuts of more than $30 billion. Defenders of Planned Parenthood say the cuts are dangerous for women’s health. Huffington Post frames the current conflict this way: “The United States government is on the verge of shutting down over a dispute...
CALIFORNIA | LOCAL
April 29, 2013 |
States are spending less on pre-kindergarten programs than they did a decade ago, according to a report released Monday. The National Institute for Early Education Research released the State of Preschool 2012 report, calling the last school year “the worst in a decade for progress in access to high-quality pre-K for America's children.” California state funding per child fell by more than than $400 compared with the previous year, and...
September 13, 2011 |
The House of Representatives on Tuesday quickly and unanimously passed a bill temporarily extending funding for the Federal Aviation Administration and federal highway programs. Funding for more than 1 million federal employees and construction jobs was set to expire by Oct. 1 if extensions were not passed. Though both parties had misgivings about the bill, no House members wanted to be tied to a big job loss. The FAA's funding through Jan. 31 comes from the 22nd consecutive extension bill since the last long-term funding bill expired in 2007.
December 12, 2013 |
Snapchat, the Venice start-up that recently turned down a $3-billion acquisition offer from Facebook, has raised $50 million in a Series C round. The funding was provided by investment firm Coatue Management, which has offices in New York and Menlo Park, Calif. A Snapchat spokeswoman confirmed the funding by Coatue on Wednesday but didn't provide additional details. PHOTOS: Top 10 most talked-about people, topics on Facebook in 2013 Snapchat co-founder and Chief Executive Evan Spiegel signed off on the funding in a filing with the Securities and Exchange Commission on Wednesday.
June 21, 2013 |
Funding for the state certified farmers market program will likely expire at the end of December as a result of legislative maneuvering in Sacramento. The interruption may be just a month or so, and farmers markets would continue to exist during that period, but market oversight would be curtailed — just the opposite of what many stakeholders were aiming for from California State Legislature. A broad coalition of market managers and agricultural commissioners had hoped that the Legislature would substantially boost funding for enforcement starting next year, but for reasons that remain somewhat unclear, a bill to that effect, Assembly Bill 996 , failed to make it out of the Assembly Appropriations Committee four weeks ago. As a backup, farmers market industry leaders relied on SB 599 , which as originally written extended the current minimal funding for the state farmers market program for an additional four years; otherwise, it was due to expire at the end of 2013.