The government of Quebec approved a $10-million equity investment in Montreal, Canada-based alumina producer Orbite Alumniae Inc, with the funds coming from the government's financing arm Investissement Quebec.
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Facebook to purchase New Mexico-based drone maker Titan Aerospace
Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.
Australian startup Influx.com pockets $250K in seed funding to provide CRM solutions for online businesses
Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.
Boston-based Flashnotes purchases smaller rival Moolaguides
Moolaguides has been acquired by Flashnotes for an undisclosed amount. The purchase comes just a month after Boston-based Flashnotes secured $3.6 million for its Series A round, TechCrunch reported.
UK-based Powa Technologies launches e-commerce app PowaTag
Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.
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In its quest to develop products faster and introduce more devices to the market faster, Apple Inc has hired new engineers from rival firms like HTC to beef up its team in Asia, The Wall Street Journal reported.
In a deal that marks its second investment in Southeast Asia, SoftBank Ventures Korea poured an undisclosed amount into Bangkok, Thailand-based online game operator Ini3 Digital to acquire a 23% equity in the said company.
East Rutherford, New Jersey-based independent public relations (PR) firm MWW added Los Angeles-based firm Macias Media Group LLC for an undisclosed sum to tap into the lesbian, gay, bisexual, and transgender (LGBT) market.
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.
In what seemed like an indication of the dominance of Sony's PlayStation 4 over Microsoft's XBox One, the video game console of the Japanese company sold 6 million units globally in less than four months, VentureBeat reported.
Toronto-based image recognition technology maker Slyce has gathered $10.75 million for its latest funding round led by Beacon Securities and joined in by other investors, TechCrunch reported.
Bangalore, India-based social media marketing and analytics firm Salorix Inc closed down its operations after it failed to raise fresh capital due to the founder's feud with investors.
Warren Buffet has sought to bolster investor confidence about how Berkshire Hathaway will perform after he leaves the company but the lack of a succession plan has concerned investors, Reuters reported.
SALESmanago, an online marketing automation platform provided by marketing software company Benhauer, has raised $1.7 million in a funding round led by InPost Founder Rafał Brzoska, TechCrunch reported.
