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Emerson Electric’s David Farr Elected To IBM Board

David N. Farr has been elected to be part of the IBM board. Mr. Farr, 56, is chairman and chief executive officer of Emerson Electric, a diversified global manufacturing and technology company. Mr. Farr’s election to the board will take effect on January 1, 2012.

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.