Consumer Electronics

Samsung saturates smartphone market with new Galaxy phone with wraparound display - sources

Samsung Electronics Co's newest smartphone would be equipped with a three-sided display that would allow users to view their messages or phone content at various angles, said sources who were familiar with the company plans.


Quirky raises USD79 million to build more weird connected devices

New York-based online shop and gadget developer Quirky scooped up USD79 million in a Series D funding round to be used for building more strange connected devices.

IBM acquires Fiberlink for mobile device management

New York-based International Business Machines (IBM) bought mobile security firm Fiberlink Communications for an undisclosed amount to amp up its poorly-rated mobile device management (MDM) solution.

Top deals of the day - Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.


Latest News

Solicore announced the first closure of its preferred shares A1 financing round with the participation of both new and existing investors to raise USD4 million in funding.
Canadian retailer Sears Canada would be exiting from its ownership in eight real estate properties for CAD315 million after suffering from company losses.
Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.
The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.
Newly named BlackBerry executive chairman and interim CEO John Chen doesn't doubt the Canadian company's ability to make a comeback.
Investors were positive that BlackBerry can make a comeback, but in the meantime stakeholders especially employees are taking the brunt of the crisis.
BlackBerry rejected proposals to break-up and sell all or parts of the Canadian company. BlackBerry Ltd's board rejected proposals to break-up the Canadian smartphone company, saying that it is currently not in the best interest of all of its stakeholders.
Investors from US, Canada and Qatar backed up a USD1 billion debt sale deal to boost BlackBerry's cash position.
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
A block trade in Samsung Electronics raised $356 million from the sale of its preference shares. A day after the pronouncement of its long-term strategy, an undisclosed insitutional shareholder of the South Korean multinational Samsung Electronics has reportedly raised around W377.
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