Palo Alto Newswire (Page 6)

Palo Alto Newswire (Page 6)

Comprehensive Real-Time News Feed for Palo Alto, CA. (Page 6)

Results 101 - 114 of 148 for "u:bloomberg.com" in Palo Alto, CA

  1. Gates Gets Surprise $87 Million From Neglected-Disease StakeRead the original story

    May 18, 2016 | The Washington Post

    The Bill & Melinda Gates Foundation received an unexpected boost to its coffers when a stake in a small biotechnology firm, made in 2013 to encourage the company's work on neglected diseases, sold for $86.7 million -- about 17 times the fund's original investment. The windfall from the $5 million stake in Anacor Pharmaceuticals Inc., disclosed Wednesday in a filing, highlights an atypical funding approach that the Gates Foundation, the world's largest private philanthropy, sometimes uses to spark private-sector research on conditions that mainly afflict poor people and countries, a major focus for the charity.

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  2. Tesla Needs Billions to Meet Musk's Ludicrous Assembly TimelineRead the original story

    May 12, 2016 | The Washington Post

    Tesla Motors Inc. may raise billions of dollars by selling stock to accelerate production plans, betting the benefits will be enough to outweigh the dilution of the share price. When Chief Executive Officer Elon Musk pulled ahead the electric-car company's target to increase vehicle assembly to 500,000 a year to 2018 from 2020, he added that capital spending will increase by about 50 percent -- $750 million -- from the original budget for this year, which would probably require some fundraising.

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  3. Theranos President Leaves as Blood-Test Startup Adds 3 DirectorsRead the original story

    May 12, 2016 | The Washington Post

    Theranos Inc.'s president is leaving the blood-testing startup as the company reconfigures its board, adding a former Amgen Inc. executive and two others as directors. Sunny Balwani, who also was chief operating officer and a board member, will "support the transition process" as Palo Alto, California-based Theranos seeks to fill "multiple executive positions," according to a company statement on Wednesday.

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  4. Tesla Needs Billions to Meet Musk's Ludicrous Assembly TimelineRead the original story

    May 12, 2016 | The Washington Post

    Tesla Motors Inc. may raise billions of dollars by selling stock to accelerate production plans, betting the benefits will be enough to outweigh the dilution of the share price. When Chief Executive Officer Elon Musk pulled ahead the electric-car company's target to increase vehicle assembly to 500,000 a year to 2018 from 2020, he added that capital spending will increase by about 50 percent -- $750 million -- from the original budget for this year, which would probably require some fundraising.

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  5. Pentagon Reboots Silicon Valley Startup as Analysts Cite FlawsRead the original story

    May 11, 2016 | Bloomberg

    Like many a Silicon Valley start-up, the Pentagon's initiative to cultivate better contacts with technology executives and innovators is being rebooted as analysts lay out its early shortcomings. Defense Innovation Unit , or DIUx, and brought the year-old effort under his direct control, he announced Wednesday in a visit to the operation's headquarters in Palo Alto, California.

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  6. Palantir Struggles to Retain Clients and Staff, BuzzFeed ReportsRead the original story

    May 8, 2016 | The Washington Post

    Palantir Technologies Inc., one of Silicon Valley's most highly valued private companies, has struggled to retain employees and prominent customers, according to a report by BuzzFeed. In 2015, Palantir generated $420 million in revenue, BuzzFeed reported, citing interviews with former and current employees, as well as more than 1,000 internal e-mails and documents.

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  7. Gas Delivery Startups Want to Fill Up Your Car Anywhere. Is That Allowed?Read the original story w/Photo

    May 1, 2016 | Bloomberg

    A new class of companies aims to be the "Uber for gasoline." A spokesman for the San Francisco fire department says the businesses are "not permitted."

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  8. Stanford Endowment Director Departs for Alternatives ManagerRead the original story

    Apr 20, 2016 | The Washington Post

    A director at Stanford University's endowment joined Columbia Pacific Advisors, a Seattle firm that specializes in alternative investments, the latest management departure at the school's $22.2 billion fund. Vera Minar will oversee opportunistic strategy and serve as chief investment officer for the firm's wealth management affiliate, Columbia Pacific said Wednesday in a statement.

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  9. Stanford Endowment's Finance Chief Retires in Latest DepartureRead the original story

    Apr 17, 2016 | The Washington Post

    Odile Disch-Bhadkamkar retired as chief financial officer at Stanford Management Co., the latest departure as the university's $22.2 billion endowment is being revamped. Disch-Bhadkamkar told colleagues in an e-mail obtained by Bloomberg that the CFO role in the endowment office is being scaled back.

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  10. Stanford Endowment's Finance Chief Retires in Latest DepartureRead the original story

    Apr 15, 2016 | The Washington Post

    Odile Disch-Bhadkamkar retired as chief financial officer at Stanford Management Co., the latest departure as the university's $22.2 billion endowment is being revamped. Disch-Bhadkamkar told colleagues in an e-mail obtained by Bloomberg that the CFO role in the endowment office is being scaled back.

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  11. Yale Adds Wells Fargo CFO to Endowment Investment CommitteeRead the original story

    Apr 12, 2016 | The Washington Post

    Yale University has added a venture capitalist and the chief financial officer of Wells Fargo & Co. to the committee overseeing its $25.6 billion endowment, one of the top-performers in higher education.

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  12. Houzz Makes Play for Singapore's $7.4 Billion Home Decor MarketRead the original story

    Apr 11, 2016 | The Washington Post

    Houzz Inc., the Sequoia Capital-backed U.S. startup that connects homeowners with designers and contractors, is bringing its service to Singapore to try and capture a slice of a S$10 billion local remodeling market. It's started a dedicated website and mobile app for the affluent city state, the third country it's entered in the Asia Pacific alongside Australia and Japan.

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  13. Yale Adds Wells Fargo CFO, Floodgate Partner to Fund CommitteeRead the original story

    Apr 11, 2016 | Bloomberg

    Yale University has added a venture capitalist and the chief financial officer of Wells Fargo & Co. to the committee overseeing its $25.6 billion endowment, one of the top-performers in higher education.

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  14. Tesla Says Model 3 Pre-Orders Surge to 325,000 in First WeekRead the original story

    Apr 8, 2016 | The Washington Post

    Tesla Motors Inc. said it has received more than 325,000 reservations for the Model 3, far exceeding its expectations as customers line up to pre-order the $35,000 electric car more than a year ahead of when the more-affordable model is slated to hit the streets. The pre-orders represent "about $14 billion in implied future sales, making this the single biggest one-week launch of any product ever," the company said in a blog post Thursday.

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