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Google launches European arm of venture capital fund
2014-07-10 08:49:00| Telecompaper Headlines
(Telecompaper) Google has announced the launch of a European arm of its venture capital fund, Google Ventures, with an initial funding of USD 100 million. The vehicle will aim to "invest in the best ideas from the best European entrepreneurs, and help them bring those ideas to life," said Google in a statement. The company will be based in Clerkenwell, near London's 'Silicon Roundabout' tech area. However, Google made it clear that the new fund's investments will be made throughout Europe. Speaking to the Financial Times, David Drummond, Google's senior vice president of corporate development, said the investment stemmed from a belief that the continent could become home to some of the world's biggest tech companies. "Every European capital I travel to I see these start up clusters. Its obvious that great companies will come out of these ecosystems," he said.
Tags: google
capital
european
fund
American Apparel, Hedge Fund Reach $25M Financing Deal
2014-07-10 00:27:03| Apparel - Topix.net
Your source for sweatshop-free leggings and uncomfortably revealing advertising is, for now, safe, according to the latest Wall Street Journal report.
Tags: american
deal
reach
apparel
UK: Scotch Whisky Association names head of alcohol abuse fund
2014-07-09 14:44:00| Daily beverage news and comment - from just-drinks.com
The Scotch Whisky Association (SWA) has appointed the first chairperson of its alcohol-harm charity, the Scotch Whisky Action Fund.
Tags: head
names
association
abuse
Ex-Carter's executives, NY fund manager get prison for insider trading
2014-07-09 04:43:55| Apparel - Topix.net
Eric Martin, a former vice president of investor relations at Carter's, was sentenced to two years in prison by a federal judge in Atlanta after pleading guilty in 2012 to conspiracy to commit securities fraud and wire fraud.
Tags: manager
trading
fund
prison
UK DfT to fund smartcard technology at Huddersfield station
2014-07-09 01:00:00| Railway Technology
The UK Department for Transport (DfT) has announced its plans to invest 153,000 to upgrade ticket gates at Huddersfield railway station, enabling passengers to use smartcards.
Tags: technology
station
fund
huddersfield
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