Investor hit with accounting misconduct launches $1B fund on the same day

I have to hand it to Mike Lynch: one way to overshadow an investigation into his former company's books is to announce a $1 billion venture fund on the same day.

The British Invasion: Meet the poshest entrepreneurs in Silicon Valley

Silicon Valley residents often forget how unique this place is as an entrepreneurial hub, and challenging it is for people in other countries. For these nine British natives, coming to Silicon Valley has meant breaking away from English tradition.

Cloud hosting provider Claranet acquires Star, plots European expansion

Claranet, a London-based cloud hosting provider, has scooped up Star, a company that delivers managed technology services like unified communications, and advanced security services.