Climate to Warm Beyond Levels Seen for 11,300 Years
Investors Seek Ways to Profit From Global Warming
Investing in climate change used to mean putting money into efforts to stop global warming. Morgan Stanley (MS), Goldman Sachs (GS), and other firms took stakes in wind farms and tidal-energy projects, and set up carbon-trading desks. The appeal of cleantech has dimmed as efforts to curb greenhouse gas emissions have faltered: Venture capital and private equity [...]
(Reuters) – The U.S. government is gearing up for a politically charged fight over Solyndra’s bankruptcy plan, as the former solar panel maker supported by President Barack Obama revealed a further $23 million in potential tax breaks for its venture capital backers…
On April 2, 2008, a lucky buyer picked up Facebook stock on the private market for a paltry $3.50.
While those shares have now ballooned to a value of $38 per share, it’s been a fascinatingly complex and, at times, bumpy road for Facebook’s private pricing history — the details of which, once closely guarded industry secrets known to just a small class of buyers, sellers, and market-makers, is being fully revealed by SecondMarket, [...]
Twitter tried to buy photosharing app Instagram before Facebook chief Mark Zuckerberg snapped it up for $1billion, it has been claimed.
According to reports, Jack Dorsey, Twitter’s co-founder and an early Instagram investor, tried to purchase the cult mobile phone app just months prior to the deal with Facebook last week.
Just 18 months after the app’s launch, Instagram’s development team have been made multimillionaires by the Facebook deal, with CEO Kevin [...]
As of America’s support of the industry, the Bloomberg report finds that to begin with, the DOE’s loan guarantee program has been wildly misinterpreted: The government isn’t handing out loans — or money of any sort — as some Republican lawmakers have characterized it. Rather, the program is designed to hand out loan guarantees, that is, conditional agreements to pay back a private lender if a borrower, in this case, [...]
Harvard Business School graduates are flocking to Wall Street in numbers not seen since 2008 — which could be a very bad sign for the markets.
Around 38 percent of this year’s HBS class took jobs in “market-sensitive” industries including investment banking, hedge funds, venture capital and private equity, up from just 31 percent last year. (You can look at the HBS data right here.)
For years, a consultant named Ray [...]
(CNN) — An auto-focus camera? Not new. Not exciting.
A camera that lets you focus after you’ve already taken the photo? And lets you focus anywhere within the image you want? That’s got people talking and, according to its creator, is the start of “a picture revolution.”
Oh yeah — it can also transfer a regular photo to 3-D.
Lytro, a company launched Tuesday by 31-year-old entrepreneur Ren Ng, [...]