founder | Common News Update

Dec252017 by adminNo Comments

Facebook founder in fresh bet on data start-up

Business

A firm which invests part of the vast wealth of the founders of Facebook, Linkedin and Twitter is leading a €40m (£35m) fundraising for Collibra, a Brussels-based data start-up.Sky News has learnt that Iconiq Ventures, one of Silicon Valley's most prominent venture capital firms, has agreed to back a funding round for Collibra which values it at €325m (£289m).The deal, which is expected to close shortly, will increase Iconiq's stake in Collibra nearly a year after it first backed the company.Iconiq's clients include Mark Zuckerberg, the founder and chief executive of Facebook; Jack Dorsey, his counterpart at Twitter; and Reid Hoffman, co-founder of Linkedin, the Microsoft-owned professional networking app.Image:Iconiq's clients include Twitter's founder, Jack Dorsey.To date, it has taken s...

Oct272017 by adminNo Comments

Drug company founder charged with pushing powerful opioid

Health

U.S. prosecutors leveled charges Thursday against the billionaire founder of an opioid medication maker that has faced increasing scrutiny from authorities across the country over allegations of pushing prescriptions of powerful painkillers amid a drug epidemic that is claiming thousands of lives each year. The fraud and racketeering case against Insys Therapeutics founder John Kapoor came the same day President Donald Trump declared the opioid crisis a nationwide public health emergency. The case naming Kapoor follows indictments against the company's former CEO and other executives and managers on allegations that they provided kickbacks to doctors to prescribe a potent opioid called Subsys. In the new indictment, Kapoor, 74, of Phoenix, and the other defendants are accused of offering ...

Sep282017 by adminNo Comments

Playboy founder Hugh Hefner dies aged 91

Entertainment

Playboy magazine founder Hugh Hefner has died at the age of 91.In a statement, Playboy Enterprises said Mr Hefner died peacefully at his home from natural causes.It read: "Hugh M Hefner, the American icon who in 1953 introduced the world to Playboy magazine and built the company into one of the most recognisable American global brands in history, peacefully passed away today from natural causes at his home, The Playboy Mansion, surrounded by loved ones."Video:Playboy Hugh Hefner lived 'exceptional' lifeHefner, known as the "Hef", built Playboy into a brand that heavily influenced the sexual culture of the second half of the 20th century.The first issue of the magazine featured nude photographs of Marilyn Monroe and sold more than 50,000 copies.By the 1970s, the magazine had more than seven...

Aug142017 by adminNo Comments

Breast cancer helpline founder paid herself £31k

Health

A national breast cancer charity is being investigated after its founder paid herself £31,000, in breach of charity law.Wendy Watson, who launched the National Hereditary Breast Cancer Helpline in 1996, has resigned as a trustee. Financial irregularities were uncovered by the Charity Commission, which has issued an official warning for "significant breaches of trust".Lawyers for Mrs Watson and the charity described the payments as "an error".Mrs Watson, of Derbyshire, founded the charity four years after she became the first woman in the UK to have a pre-emptive mastectomy. Five years ago she was appointed MBE for services to people with breast cancer.The pre-emptive mastectomy procedure was made famous in 2013 when American actress Angelina Jolie had the surgery.The charity was set up to ...

Jul82017 by adminNo Comments

Kim Jong Un commemorates death anniversary of North Korea founder

World

July 7 (UPI) -- North Korean leader Kim Jong Un paid his respects to biological grandfather Kim Il Sung in Pyongyang Saturday, local time, to mark the 23rd anniversary of the founder's death on July 8, 1994.Pyongyang's state-controlled KCNA reported Kim visited the Kumsusan Palace of the Sun at 8 a.m.Members of North Korea's armed forces responsible for the "successful" launch of the country's latest missile, the Hwasong-14, accompanied the North Korean leader, according to the North Korean statement.Kim reportedly received a "reception report" from senior officials in North Korea's army, navy and air force at the location. He also offered a basket of flowers before the statues of his ancestors.Kim has observed the death anniversary of North Korea's founder for six consecutive years since ...