SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds. Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions...
Nov
08
Exclusive: Google Ventures beefs up fund size to $300 million a year
Label: Technology
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2 brief Bradbury works out this fall
Label: LifestyleNEW YORK (AP) — Ray Bradbury was in failing health during his final years, but he could still reminisce about his love for books or finish a brief and mysterious Christmas story.Two pieces released this fall were written late in life by the science fiction/fantasy master, who died in June at age 91. He contributed "The Book and the Butterfly," an introduction to this year's edition of "The Best American...
Obama's health care overhaul turns into a sprint
Label: HealthWASHINGTON (AP) — The long slog has turned into a sprint. President Barack Obama's health care law survived the Supreme Court and the election; now the uninsured can sign up for coverage in about 11 months."We are out of the political gamesmanship and into the reality," said Sandy Praeger, Kansas' Republican insurance commissioner. Next week, states have to say if they're committed to building the...
Loughner gets life for deadly Ariz. rampage
Label: BusinessTUCSON, Ariz. (AP) — Former Congresswoman Gabrielle Giffords, partially blind, her right arm paralyzed and limp, came face to face Thursday with the man who tried to kill her last year, standing beside her husband as he spoke of her struggles to recover from being shot in the head."Her life has been forever changed. Plans she had for our family and her career have been immeasurably altered," said...
Nov
07
China's power transfer: infighting and spectacle
Label: WorldBEIJING (AP) — China's ruling Communist Party opens a congress Thursday to usher in a new group of younger leaders faced with the challenging tasks of righting a flagging economy and meeting public calls for better government.The weeklong congress is the start of a carefully choreographed but still fraught power transfer in which President Hu Jintao and most of the senior leadership will begin to...
Apple shares slide to five-month low, competition grows
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Celebrities air post-election feelings online
Label: LifestyleLOS ANGELES (AP) — Mariah Carey was so excited about President Barack Obama's re-election that she released a new song in his honor. Beyoncé popped up on Instagram with a rebuke for Mitt Romney, while Romney supporter Elisabeth Hasselbeck sent out a disappointed but conciliatory tweet urging a divided United States to become one.Celebrities, who voiced their opinions loudly during the election, continued...
Experts raise concerns over superhuman workplace
Label: HealthLONDON (AP) — Performance-boosting drugs, powered prostheses and wearable computers are coming to an office near you — but experts warned in a new report Wednesday that too little thought has been given to the implications of a superhuman workplace.Academics from Britain's leading institutions say attention needs to be focused on the consequences of technology which may one day allow — or compel —...
Boehner, Reid in talks to avert 'fiscal cliff'
Label: BusinessWASHINGTON (Reuters) - Fresh off the election, the two top leaders of Congress began tentative discussions on Wednesday aimed at heading off potential economic disaster at year's end, when simultaneous tax increases and spending cuts threaten to throw the United States into a recession. The leader of the Senate's Democratic majority, Harry Reid, said he had conferred Wednesday morning...
Nov
06
China hauls away activists in congress crackdown
Label: WorldBEIJING (AP) — During her 30-hour train journey to Beijing, Wang Xiulan ducked into bathrooms whenever the conductors checked IDs. Later, as she lay low in the outskirts of the capital, unidentified men caught her in a nighttime raid and hauled her to a police station. She assumed a fake identity to get away, and is now in hiding again.Wang's not a criminal. She's a petitioner.She's among many people...
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