Napster retains UBS to look for sale

Napster, the former Silicon Valley music sharing site, has hired investment bank UBS to help it look for a sale.

Napster, now based in Los Angeles and pursuing a legal music download site after having had an outlawed past, is making decent revenues in excess of… Continue Reading

Biggest alternative energy VC deal, for Cilion, confirmed

Biggest alternative energy VC deal, for Cilion, confirmed

(Update: More investor info and other detais below)

When we launched Thursday morning, our first story was a scoop about ethanol company Cilion raising the largest venture round ever — $200 million — for an alternative energy company.

Of course, the story got buried when our… Continue Reading