November 5, 2002 |
U.S. venture capital firms collected $1.7 billion for 33 new funds in the third quarter, a 76% plunge from a year earlier, according to a survey by an industry trade group. Five funds accounted for almost two-thirds of the total collected, reflecting the tough times smaller funds are having attracting investors.
CALIFORNIA | LOCAL
June 25, 1997 |
City Hall plans to go online. In the coming fiscal year, officials hope to launch a World Wide Web page featuring information about the city's demographics, mission statement, history, location, geography, weather, City Council members and department heads. Updates, about every other week, would give computer users access to information about street closures, community and cultural events, upcoming projects, City Council and commission agendas and relevant phone numbers.
February 5, 2001 |
Warren Buffett's Berkshire Hathaway Inc. plans to form a venture with former J.P. Morgan & Co. executives Roberto Mendoza and Peter Hancock that will help companies, government agencies and individuals use derivatives. The venture will be formed through Berkshire Hathaway's reinsurance unit, General Re Corp. A partnership led by Mendoza and Hancock will buy a majority interest in General Re Securities Holdings, a unit of General Re. Mendoza left J.P.
August 4, 2003
Trucks roam Tokyo daily with loudspeakers blaring the need for Japan to rearm, even to develop nuclear weapons. The extremists' message sends shudders through the victims of Japan's World War II depredations and has made it too easy for the nation to duck the greater role it should play in world affairs.
October 2, 2006 |
Every now and then the shrieks from the stands hit a familiar note, ascending to an impossibly high pitch and excruciatingly piercing tone. For the U.S. women's soccer team, relentlessly adoring shouts from its legions of young fans used to be as much a part of every game as the national anthem.
June 7, 1996 |
If you must attend "Orchards" at the Raven Playhouse--and it's not advised--you may want to pack a sleeping bag and emergency provisions. With intermission, the show runs almost 3 1/2 hours, which, given the quality of the production, seems like eternity and a half. This misbegotten anthology offers seven major playwrights--David Mamet, Spalding Gray, John Guare, Samm-Art Williams, Maria Irene Fornes, Wendy Wasserstein and Michael Weller--adapting short stories by Russian master Anton Chekhov.
April 1, 2009 |
Google Inc. has started a venture capital unit to fund new technologies. Google Ventures will invest $100 million in its first year and mostly target young companies, said Bill Maris, a managing director of the unit. The fund will invest in consumer-oriented Internet companies, healthcare, robotics and nanotechnology, he said. "We're not ruling anything out" in terms of investment areas, Maris added. The unit may help Google tap technologies that benefit the Mountain View, Calif.
June 4, 2002 |
Ford Motor Co. pulled out of Wingcast, its venture with Qualcomm Inc. to produce telematics services in vehicles, the auto maker said. The decision means Wingcast will be dissolved, according to Qualcomm, which owns 15% of the venture. Wingcast's 200 workers will lose their jobs. Changing technology and customer desires were the main drivers behind Ford's decision, the auto maker said. Wingcast was based on cell phone technology.
June 26, 2007 |
Tyson Foods Inc., the biggest U.S. meat processor, and Syntroleum Corp. formed a joint venture to produce fuel from animal fat and vegetable oil in response to growing demand for energy from renewable sources. The venture's first project will be a $150-million plant that can produce 75 million gallons a year of synthetic fuel for the renewable diesel, jet and military markets, the companies said.
July 18, 2006 |
Venture capitalists secured $11.2 billion for future investments during the second quarter, marking the industry's biggest flurry of fundraising in more than five years, according to data released Monday. It represented the largest wave of money to pour into venture capital funds in any three-month period since the first quarter of 2001, when the financiers raised $16.6 billion. With the latest surge, venture capitalists have raised $18 billion this year, a 41% increase from $12.