Kleiner Perkins Caufield & Byers will invest in two mobile startups in the next week that turn users of their applications and services into contributors, said Matt Murphy, a partner at the venture firm.
Petroleos Mexicanos, the state-owned oil company, has accused BASF Corp. , Murphy Energy Corp. and three other U.S. companies of knowingly buying stolen natural gas condensate from Mexican bandits, according to a lawsuit filed in Houston federal court.
Kleiner Perkins Caufield & Byers will more than double its investments in mobile applications for corporate users, as well as technology used to remotely manage software and hardware, investment partner Matt Murphy said.
Illinois lawmakers approved a $35.7 billion spending plan for the year beginning July 1, knowing they’ll have to return after the November election to provide more funding to keep the government operating without deep cuts.
Verizon Communications Inc. President Lowell McAdam works a few miles from the New York auditorium where he announced yesterday’s deal to offer Apple Inc. ’s iPhone. It took him four years to get there.