SAC Capital Advisors LP, the hedge- fund firm that agreed to pay a record fine to settle insider- trading charges, moved to boost surveillance by hiring Palantir Technologies Inc., a Central Intelligence Agency-backed software maker.
Index Ventures, a backer of “Candy Crush Saga” maker King Digital Entertainment Plc, is planning to raise 350 million euros ($487 million) for an early-stage fund, said two people with knowledge of the matter.
EBay Inc. Chief Executive Officer John Donahoe is stepping up his offense against activist Carl Icahn, a sign of the rising stakes in his effort to keep from splitting off the e-commerce company’s PayPal business.
Wu Junhua had been allowing her investment, a furnished one-bedroom apartment in the lake city of Hangzhou, to sit empty for a year until she found a solution: China’s version of Airbnb.com, known as Tujia.
Peter Thiel got rich investing in PayPal and Facebook Inc. before most people knew them, built a hedge fund that at its apex managed $7.2 billion, and forecast the collapse of the U.S. housing market. He also lost almost two-thirds of his clients’ money.
Facebook Inc. director Peter Thiel, who sold more than 16 million shares in the company’s initial public offering, has given himself added flexibility to sell more of his holdings, a regulatory filing shows.