pension funds

pension funds

Apple Releases Statement Ahead of Tim Cook's Senate Appearance on Tax Policy

www.macrumors.com
Apple today released a statement [PDF] ahead of Apple CEO Tim Cook, CFO Peter Oppenheimer, and head of tax operations Phillip A. Bullock's appearances in front of the U.S. Senate Permanent Subcommittee on Investigation tomorrow. In the seventeen page statement, Apple notes that it has created hundreds of thousands of...
Apple Releases Statement Ahead of Tim Cook's Senate Appearance on Tax Policy

Colorado Will Launch A $150M Venture Fund To Invest In Local Tech Startups

techcrunch.com
In a interview with reporters today at the Venture Capital In The Rockies event in Beaver Creek Colorado, Gov. John Hickenlooper revealed that the state will be partnering with a number of local CEOs and technology companies to create a $150 million VC fund. He explained that the fund would...
Colorado Will Launch A $150M Venture Fund To Invest In Local Tech Startups

Financial services and the public cloud: Go or no go?

gigaom.com
Question: Just how much mission-critical work do financial services firms and companies in other heavily regulated industries put on the public cloud? Answer: It depends on whom you ask. Chris Perretta, CIO of State Street IT execs in financial services — including Chris Perretta, CIO and executive vice president of State...
Financial services and the public cloud: Go or no go?
Ignition raises $150M fund, opens Silicon Valley office, to back enterprise IT

YC alum Vidyard raises $6M from OMERS Ventures, others to help scale its video marketing platform

thenextweb.com
Vidyard, the video marketing platform for business, announced today that it has raised $6 million in Series A funding. The round was led by OMERS Ventures and includes participation from existing investors iNovia Capital and SoftTech VC. Jill Rowley, Eloqua’s top salesperson, also participated with a personal investment. The company...
YC alum Vidyard raises $6M from OMERS Ventures, others to help scale its video marketing platform

Why Taxing Carried Interest As Ordinary Income Is Good Policy

www.avc.com
The House has passed a bill this past week that would change the taxation of carried interest from capital gains treatment to ordinary income treatment. The Senate has not weighed in on the debate but it is expected to do so soon. The New York Times has a story about...
Why Taxing Carried Interest As Ordinary Income Is Good Policy

Here's What The Smart Money Thinks Apple Will Do With Its Cash

www.businessinsider.com
Apple has scheduled an unusual (and oddly timed) conference call this morning to announce its decision about what to do with its massive cash mountain. There are three basic possibilities: Dividend (either one-time or regular or combination of both) Stock buyback (one-time, regular, or combo) Nothing Apple could also...
Here's What The Smart Money Thinks Apple Will Do With Its Cash

US charges Goldman Sachs with fraud

rawstory.com
The Securities and Exchange Commission has charged investment banking titan Goldman Sachs with civil fraud over a pre-packaged mortgage instrument they say was designed to fail.Goldman Sachs created the derivative -- called Abacus 2007-AC1 -- in response to a request from a hedge fund manager who predicted that the housing...
US charges Goldman Sachs with fraud

Michigan Bets The State Pension Fund On Hollywood Success, Ends Up Stuck With The Tab

www.techdirt.com
We've written before about cities and states luring Hollywood studios with multimillion dollar subsidies in the hopes of giving their local economies a bit of a bump. In nearly every case, this has been a money loser for the locale involved. A 2010 Tax Foundation study found that most...
Michigan Bets The State Pension Fund On Hollywood Success, Ends Up Stuck With The Tab

Read the Letter Launching the Campaign to Unseat Three HP Directors

allthingsd.com
You’ve probably read today about the campaign launched by a group of pension fund managers who own a big block of shares in Hewlett-Packard to shake up that company’s board of directors. And if you haven’t here’s a rundown: A collection of pension funds led by the investment arm of...
Read the Letter Launching the Campaign to Unseat Three HP Directors

Microsoft Joins Talks To Buy Out Dell Shareholders

techcrunch.com
Microsoft is talking with Dell about financing its buyout. The deal is reported to be worth about $2 billion. For the past few weeks there have been reports that Dell has been in talks with Silver Lake Partners, a private equity firm, to buy out the public shareholders. It has...
Microsoft Joins Talks To Buy Out Dell Shareholders

Europe's digital agenda chief earmarks €7bn for broadband expansion

www.guardian.co.uk
Commissioner Neelie Kroes pushes for 'fully wired-up' continent abuzz with 4G and carpeted with fibre-optic cablingIn the 1980s Neelie Kroes was considered Holland's answer to Margaret Thatcher. Three decades later the Iron Lady is in retirement but Kroes now in her second term as a European commissioner, still battles on.During...
Europe's digital agenda chief earmarks €7bn for broadband expansion

Housing boost plans under government scrutiny

www.guardian.co.uk
Ministers study report into lending publicly owned land to developers and relaxing laws on social housing build schemesMinisters are studying plans to boost housebuilding by lending publicly owned land to developers and relaxing requirements for building schemes to include social housing.The recommendations are expected to be made in a report...
Housing boost plans under government scrutiny

Why The Proxy Battle To Dismantle Yahoo's Board Probably Won't Work

www.businessinsider.com
Two massive pension funds are getting together to wage a proxy battle that would completely wipe out and rebuild Yahoo's Board of Directors at the company's meeting tomorrow, but it's time to get real -- they probably won't get what they want. At least not exactly. Proxy battles became...
Why The Proxy Battle To Dismantle Yahoo's Board Probably Won't Work
Cleantech investing quietly re-emerging as more rational, capital light, smaller
AAPL earnings preview: what the analysts expect (and what will determine tomorrow's share price)

Look who dumped all their Apple shares last quarter

tech.fortune.cnn.com
UBS sold off 10.7 million shares of Apple. Morgan Stanley got rid of 6.6 million FORTUNE -- There was a lot of selling pressure on Apple (AAPL) last quarter, to put it mildly. Want know where it came from? The big financial institutions -- banks, insurance companies, hedge funds, pension...
Look who dumped all their Apple shares last quarter
Hewlett-Packard's Gretchen Tai: The Best Fund Manager You've Never Heard Of

The investors on the trail of a British Facebook

www.guardian.co.uk
London has become the scene of a big-money race to find an internet firm with potential to be as profitable as the US social networking siteDavor Hebel, a Croatian-born and US-educated partner at Fidelity Growth Partners Europe, a £100m fund, is explaining where venture capital (VC) investors fit into London's...
The investors on the trail of a British Facebook

IVP Raises Massive New $1 Billion Fund As Returns Leave The Rest Of The VC Industry In The Dust

www.businessinsider.com
Silicon Valley-based VC firm IVP has just raised a new $1 billion fund. That is a boatload of money. And it means that a lot more companies will have the pleasure of having IVP as an investor. IVP is an investor in Business Insider (this publication), so we're obviously biased....
IVP Raises Massive New $1 Billion Fund As Returns Leave The Rest Of The VC Industry In The Dust
Get funded! An idiot's guide to mastering the venture capital game
L.A. Mayor Antonio Villaraigosa outlines the city's tech-focused future

Now We Know Who's Been Talking To Dell About Going Private

www.businessinsider.com
Buyout firms Silver Lake Partners and TPG have held talks with Dell about taking the company private, the Wall Street Journal reports. Speculation about who could be discussing a deal with the struggling hardware company ran rampant yesterday when Bloomberg broke the news that talks were being held but didn't...
Now We Know Who's Been Talking To Dell About Going Private

Apple's Record Plunge Into Debt Pool

allthingsd.com
Apple Inc. sold the largest corporate-bond deal in history Tuesday, a $17 billion offering investors hungrily gobbled up. Goldman Sachs Group Inc. and Deutsche Bank AG sold the debt for Apple to investors in all corners of the credit markets, from buyers overseas to municipal-bond investors to portfolio managers who...
Apple's Record Plunge Into Debt Pool

The 3 Surprising Investment Sources Behind Your VC

www.readwriteweb.com
While so much of the startup scene is funded by investment capital, it's tough to know exactly where all of that money comes from. In chasing the power behind the investment throne it's easy to believe that everything conspires by the hand of the Illuminati and leave it at that....
The 3 Surprising Investment Sources Behind Your VC
Life after "Shark Tank" -- The real story of how UniKey finally came to market
The state of cleantech venture capital: what lies ahead

Paul Graham's Letter Is Wrong: The Facebook IPO Will Make Startup Investing MORE Frothy (FB)

www.businessinsider.com
Y-Combinator cofounder Paul Graham sent out a letter to all the CEOs in his portfolio companies, warning them that because of the poor performance of the Facebook IPO, "bad times" may be ahead. He said that it could make fundraising harder, and that it will cause some spend-happy startups to...
Paul Graham's Letter Is Wrong: The Facebook IPO Will Make Startup Investing MORE Frothy (FB)

Fujitsu pays $1.2B to cut U.K. pension fund deficit

www.computerworld.com
Fujitsu has paid $1.2 billion into its pension funds for current and former U.K. employees, and renegotiated cuts to ongoing pension contributions, freeing up cash to grow other areas of its U.K. business, the company said Monday....
Fujitsu pays $1.2B to cut U.K. pension fund deficit
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