This morning First Read brings you the latest on a Sequoia partner departure, those myths surrounding the Euro venture industry, an update on Indian private equity and why the million dollar club is a preferred investment stage for many VCs.
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The Federal Trade Commission has approved a Sony-led consortium purchase of EMI Music Publishing, without having to make any divestitures, the FTC said on Friday. Sony, with Blackstone, Abu Dhabi’s Mubadala Development Co, Raine Group and music and film mogul David Geffen, won the bidding for EMI Publishing last year, writes Reuters. (Reuters) – The [...]
This year is the year of the tablet computer at CES …and the year the war broke out among makers of tablet operating systems. The question I have is whether the chaos and conflict will create opportunities for startups. Most every major consumer electronics vendor has been talking up iPad-like tablets at the nation’s largest [...]
FRANKFURT (Reuters) – Sony Music (6758.T) said it is considering a bid for ailing British rival EMI [LNDONE.UL] on Sunday, while its main rivals deny any interest or decline to comment on their intentions . “We are in a position that allows us to seize every opportunity in the market – including EMI,” the head [...]