Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
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Chinese photo app Camera360 releases update with new features
Chengdu, China-based photo editing mobile app Camera360 released its updated version which now has streamlined design and packed features, including one that lets users store photo data in the app's cloud service.
German court rules in favor of Apple in IPCom GmBH & Co patent lawsuit
A Mannheim court dismissed the $2.2 billion lawsuit filed against it by patent holding firm IPCom in Germany on one of the "100" series patents the latter acquired from Robert Bosch GmBH, Bloomberg reported.
Israeli startup AtriNet buys itself out from parent firm NSN
Hod Hasharon, Israel-based tech startup AtriNet bought itself out of its mother company, Nokia Solutions and Network's (NSN) domestic branch, for an undisclosed amount, to launch as an independent entity and continue the network technology it had developed.
Mt. Gox to seek bankruptcy protection
After shuttering its operations this week, Tokyo-based Bitcoin exchange Mt. Gox told reporters that it will be seeking bankruptcy protection, The Wall Street Journal reported.
Latest News
Citing a source, The Wall Street Journal blog Digits reported that embattled Japanese technology giant Sony has plans of selling its former headquarters in Tokyo, Japan.
Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.
Burbank, US-based movie giant Warner Bros Studios is in talks with Stockholm, Switzerland-based indie game developer Mojang to make a movie based on the popular video game Minecraft, according to a Twitter post made by Mojang founder Markus Persson.
Google Co-Founder Sergey Brin approached Toronto-based brainwaves-sensing headband maker InteraXon to talk about a possible acquisition, according to a source who was interviewed by TechCrunch.
San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.
Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.
Councillors of the city of Kitchener in Ontario, Canada have agreed to shell out $1 million for the next five years to help owners of underused spaces turn their properties into a new landing pad fro startups just out from incubators.
Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.
In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.
