Exclusive: Google Ventures beefs up fund size to $300 million a year

SAN FRANCISCO (Reuters) - Google will increase the cash it allocates to its venture-capital arm to up to $300 million a year from $200 million, catapulting Google Ventures into the top echelon of corporate venture-capital funds. Access to that sizeable checkbook means Google Ventures will be able to invest in more later-stage financing rounds, which tend to be in the tens of millions...

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“Dancing” co-host Brooke Burke has thyroid cancer

LOS ANGELES (Reuters) – “Dancing with the Stars” co-host Brooke Burke said on Thursday that she has been diagnosed with thyroid cancer and will need surgery.The television presenter and model said in a three-minute video posted on the website Modernmom.com that she will need her thyroid removed. “I need to have thyroid...

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UK’s NICE rejects Novartis asthma drug in change of tack

LONDON (Reuters) – Britain‘s health cost-effectiveness watchdog NICE plans to recommend against the use of Novartis‘s severe asthma drug Xolair, or omalizumab, after earlier endorsing it for adults only.The National Institute for Health and Clinical Excellence (NICE), which decides if medicines should be given on the state health service, said on Friday...

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Boehner: Raising tax rates 'unacceptable'

Raising tax rates is "unacceptable" to House Speaker John Boehner as he prepares to open negotiations on the looming "fiscal cliff" with the president and congressional Democrats, he told "World News" anchor Diane Sawyer today in an exclusive interview."Raising tax rates is unacceptable," Boehner, R-Ohio, said in his first broadcast interview since the election Tuesday."Frankly,...

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Merkel says Germany, Britain must work together on EU

LONDON (Reuters) – Germany and Britain must cooperate to work round their differences on the European Union‘s long-term spending plans, German Chancellor Angela Merkel said on Wednesday.“Despite differences that we have it is very important for me that the UK and Germany work together,” Merkel said through a translator before a meeting in London with Prime...

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Apple slides to five-month low, uncertainty grows

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Death of the cassette tape much exaggerated

LONDON (Reuters) – The widening gap between the amount of data the world produces and our capacity to store it is giving a new lease of life to the humble cassette tape.Although consumers have abandoned the audio cassette in favor of the ubiquitous iPod, organizations with large amounts of data, from patient records to capacity-hungry video archives, have...

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Organ on a chip? Scientists test drugs on tiny, artificial lung

CHICAGO (Reuters) – U.S. researchers have begun testing drugs using a microchip lined with living cells that replicates many of the features of a human lung, a technology that may one day help improve drug testing and reduce researchers’ dependence on animal studies.In 2010, researchers at Harvard’s Wyss Institute for Biologically Inspired Engineering...

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Latino groups to Obama: You owe us

Voters in a polling place in East Los Angeles on Tuesday (David McNew/Getty Images)In initially off-the-record comments to the Des Moines Register's editors in October, President Barack Obama said that if he won re-election, he would owe it to Latinos."Should I win a second term," Obama said, "a big reason I will win a second term is because the Republican nominee and the Republican Party have so...

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Officials: New mass graves found in Ivory Coast

ABIDJAN, Ivory Coast (AP) — Up to 10 new mass graves have been discovered near the site of a July attack on a camp for displaced people, officials said Tuesday, amid allegations that initial casualty totals were downplayed to mask killings carried out by the national army.Rights groups claim summary executions were carried out by the Republican Forces...

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