Texas-based browser security company Quarri raised USD2.35 million in its first funding round today to improve its products, expand internationally, and add more people to its workforce.
Consumer Web/Social Media
Yahoo announces convertible bond sale and stock buyback to protect stock price
Yahoo's USD 1 billion convertible bond offer and USD 5 billion stock buyback authorization was made to protect the company's stock price, writes Stephen Gandel on Fortune's Term Sheet.
TrueCar Inc mulling over IPO next year - sources
Online auto-shopping company TrueCar Inc is thinking of going public next year, according to sources.. TrueCar Inc offers free pricing information from over 6,000 car dealers.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
Aufeminin acquires ‘My Little Paris’ for USD 90 Million
My Little Paris, a French subscription service a city guide has been acquired this week by Aufeminin. Multiple sources indicate that the transaction was valued at USD 90 million (EU 66.7 million).
Latest News
Sony Pictures Entertainment executives announced that it would cut down the number of films it produces per year and will focus instead on higher-margin television production and operating TV channels.
The following bids, mergers, acquisitions and disposals were reported on Thursday including Omnicom, General Motors, Deutsche Telekom, Devon Energy and others
Online game developer Changyou.com Ltd. announced that it will buy a 62.5% stake in social communication software provider Raidcall for USD50 million. The majority equity interest in Raidcall is currently held by Kalends Inc.
Sequoia Capital is backing GirnarSoftware with USD 15 million in investment for a 20% stake in the firm. GirnarSoftware owns Internet websites Cardekho, Bikedekho and Pricedekho.
Cloud storage provider Box, a rival of Dropbox, is raising USD100 million in new funding through a share sale that would value the company at around USD2 billion.
China has accounted for as much as 80% of global growth in metal demand in recent years, driven by its extensive investments in infrastructure and real estate projects.
Dianping's co-founder Edward Long recently revealed at the TechCrunch/Technode event in Shanghai that it rejected an acquisition offer of less than USD100 million from Google China.
Deutsche Telekom is nearing an agreement to sell 70% of its stake in German online-classifieds business Scout24 holding. It will be sold to private equity firm Hellman & Friedman in a deal that would value the business at EUR2 billion.
The following bids, mergers, acquisitions and disposals were reported on Tuesday including Nokia, IntercontinentalExchange Group, Goldman Sachs and others.
