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Google Ventures is coming to Europe with a $100 million fund for startups

Jul10
by on July 10, 2014 at 6:34 am
Posted In: Around the Web, Google

Google has confirmed that it is launching a European arm of its Google Ventures VC fund, following media speculation last week. The company’s first European fund is $100 million and it will be used “invest in the best ideas from the best European entrepreneurs, and help them bring those ideas to life”. The company has an initial team of four general partners at its European office in London, which the Financial Times reports includes Google Europe exec Eze Vidra, entrepreneur Tom Hulme, angel investor Peter Read, and Code.org UK head Avid Larizadeh. In addition, they are joined by existing Google Ventures partner MG Siegler, who will remain involved with the…

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NYT: Hackers from China targeted personal details of US government employees

Jul10
by on July 10, 2014 at 5:01 am
Posted In: Around the Web, Asia, Hacking

A senior US Department of Homeland Security official has confirmed to the New York Times that Chinese hackers broke into the computer networks of the government agency with personal details of all federal employees. The incident, which is said to have happened in March, was apparently a bid to access the files of tens of thousands of US government employees who have applied for top-secret security clearance. However, the official told the newspaper that the government had not “identified any loss of personally identifiable information” after federal authorities detected the attack and blocked the hackers from the network. It is also not…

This story continues at The Next Web

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