The Committee on Foreign Investment in the United States (CFIUS) is scrutinizing Huawei's deal for server technology firm 3Leaf, which the Chinese telecom gear maker completed in May, for US national security implications, according to newswire Reuters.

US-listed investment bank Goldman Sachs has withdrawn its offer to sell shares in social network company Facebook to its American clients after regulatory pressure.

The SEC is reviewing Goldman Sachs as private companies can only have 499 investors before being required to disclose financial data, whereas the investment bank wants to create a special purpose vehicle to allow any number of clients to invest up to another $1.5bn in Facebook under just one investor's name.

Pilot fund expected to start next year to bring companies together to invest in nascent businesses and boost Australian innovation.

Simplification will affect the rules, information requirements and indexes of floating companies on regulated and alternative markets.

Associated Press reports on legal victory in online auction company eBay's venture investment in internet company Craigslist.

The European Business Angels Network (EBAN) has published a paper on the European Commission's Europe 2020 strategy for innovation.

Research by European Investment Fund finds governments responsible for nearly a third of venture funding

Corporate venturing funds find themselves inadvertently caught by the global tax and regulatory crackdown on financial services.