Amazon CEO Jeff Bezos shows off his company's new smartphone, the Fire Phone, in Seattle, Washington
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peHUB Second Opinion

In Second Opinion, we have Biz Stone’s seven secrets for starting and leading a successful business, Amazon’s Fire Phone will be available July 25 and the new iMac is $200 cheaper but will have a slower processor.

Zhang, whose son was killed by soldiers at the Tiananmen Square in 1989, holds a picture of her son after journalists were turned away, at the window of her home in Beijing
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peHUB Second Opinion

In Second Opinion, Sallie Krawcheck has launched the first-ever woman focused mutual fund, Medtronic is considering a takeover of Smith & Nephew and today is the 25th anniversary of the Tiananmen Square massacre.

Fab Takes on a New Investor

Fab is taking on The Times of India Group and its Times Internet arm as its latest investor, raising what the company only called a “7-figure investment” in the company. Other specifics were not publicized; Satyan Gajwani, CEO of Times Internet Group fostered the deal. Fab has raised more than $150 million since its 2011 inception. Other backers include Andreessen Horowitz, Baroda Ventures and Mayfield Fund.

Venture Investing Falls 11.6% in the Third Quarter

Venture capitalists remained cautious during the summer months of a presidential election year, reining in third quarter investments in the face of a slow economy and soft IPO market. Investments by U.S. firms came to $6.49 billion in the quarter down 11.6% from a year ago.

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VC Plows Cash into Online Retail

(Reuters) – Consumers spent a record $1.25 billion on Cyber Monday, according to comScore, highlighting how much people love shopping online. But another group is in just as much of a frenzy over online retail: venture capitalists, who invested a record $2.39 billion in online shopping this year, according to Thomson Reuters data. That’s more […]

Simply Fabulous: Andreessen Horowitz Leads $40M Series B for Fab.com

Fab.com — which pivoted from a lifestyle website for gay men to a design-focused flash sales site — announced Wednesday that it raised $40 million in a Series B round led by Andreessen Horowitz. The new round comes just five months after the company raised an $8 million Series A led by Menlo Ventures. Joining […]

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