Chinese search provider Baidu is in talks with investors to raise as much as $2 billion for a biotechnology venture it plans to back, Reuters reported. Baidu founder Robin Li has been involved in the project, but the company is unlikely to own a controlling stake in the venture, Reuters said. Instead, Baidu is trying to find other investors to help fund the business. The venture, whose name...
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The People With Power at Robinhood

Last year, as Robinhood’s trading activity boomed and legal problems mounted, the $11.7 billion startup shook up the ranks of its senior staff. The turnover means many top employees will be relative newcomers at the time of its anticipated public listing this year. The Menlo Park, Calif., company saw the departures of its head of international expansion and its general counsel, among...
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