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  • This 29-year-old VC helped start Microsoft's investment fund. Now, she's joining the 50-year-old Mayfield Fund to help it invest in 'unhyped' markets. (MSFT)

    Priya Saiprasad will join Mayfield Fund on May 14 after helping found M12, Microsoft's independent investment fund. Saiprasad told Business Insider that, because she lived in 12 countries when she was growing up and had to remake friends each time, she admires entrepreneurs that have to "create something out of nothing." At M12, she led investments in Series A and Series B enterprise artificial intelligence and machine learning companies. She also launched the firm's first female founders...

    Business Insider
  • Jefferies helped a rogue hedge fund partner trade with tons of leverage that bankrupted his fund, a new ruling finds

    An arbitrator ruled that Jefferies helped Lee Bressler, one of three partners in an Oklahoma-based hedge fund, create side accounts and make extremely leveraged trades that eventually forced the fund to close. Bressler's two partners sued him after the closure of the fund. Jefferies denies that the side accounts were unknown to Bressler's partners, and are currently in arbitration with fund.  Bressler used $10 million from the fund as collateral to get credit from Jefferies, and made leveraged...

    Business Insider
  • Kohl's explores acquisition of At Home Group

    U.S. department store operator Kohl's has approached At Home to express interest in acquiring the U.S. home decor retail chain, people familiar with the matter said on Wednesday.

    CNBC
  • Man seeks funds for incubator to help minority entrepreneurs

    COLUMBIA, Mo. (AP) - A Columbia man launched a business, published a children's book and created a nonprofit after serving eight years in prison. Cory Crosby now wants to open a business incubator that supports minority entrepreneurs. The Columbia Daily Tribune reports that Crosby is trying to fundraise $100,000 to

    The Washington Times
  • At this point, SoftBank Group is really just its Vision Fund – TechCrunch

    Last week, SoftBank Group Corp. — Masayoshi Son’s holding company for his rapidly expanding collection of businesses — reported its fiscal year financials. There were some major headlines that came out of the news, including that the company’s Vision Fund appears to be doing quite well and that SoftBank intends to increase its stake in [

    TechCrunch
  • Aid group: More funds needed for Ebola safe burials in Congo

    An international aid organization says it only has enough funding to continue safe burials of Ebola victims in eastern Congo for another two weeks

    ABC News
  • Aid group: More funds needed for Ebola safe burials in Congo

    DAKAR, Senegal (AP) - An international aid organization says it only has enough funding to continue safe burials for Ebola victims in eastern Congo for two more weeks. The International Federation of Red Cross and Red Crescent Societies said Thursday that unless it gets more funding it won't be able

    The Washington Times