Phoenix Media Fund, which is partly run by co-general partner, Hong Kong-listed broadcaster Phoenix TV, reportedly raises a $300m maiden fund for investments into Chinese media companies.

Employees of the US-based social network will be given the opportunity to work on new ideas for up to three months.

Richard Nourse (pictured), managing partner of the renamed Greencoat, is one of those selected in our list of the hundred most powerful people in corporate venturing, the Powerlist 100.

The University of Minnesota announces plans for two funds to invest in both spin-outs and US-based startups.

Samsung is close to signing a deal for a prominent venue in downtown Palo Alto that will house a start-up accelerator, according to news provider All Things D.

O'Reilly AlphaTech Ventures, which is corporate venturing-backed by O'Reilly Media, secures $85m fund for future investments.

The fund is a partnership with Korea Development Bank and National Pension Service, according to news provider Asia Private Equity Review.

India-based online e-classified company, Info Edge, has invested $0.9m in return for a 25% in gift company Happily Unmarried Marketing.