Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Country
Robert Friedland's High Power Exploration invests in Australia-based Apollo Minerals
Robert Friedland's High Power Exploration has invested in Australian copper prospector Apollo Minerals, highlighting the progress it is making into the country's small cap resources sector, Reuters reported.
Calpers Chief Investment Officer Joseph Dear passes away
Joseph Dear, the Chief Investment Officer of the biggest public pension fund in the US Calpers, passed away yesterday due to prostate cancer, Bloomberg reported.
BEST Funds backs XipLink with $1.5M
BEST Funds provided a $1.5 million investment in XipLink to be used for the latter's sales and marketing efforts and support its continued efforts in coming up with inventive technological developments.
OpenText shells out $1M to open data center in Australia
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Latest News
Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.
Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
MakerBot has finally started accepting preorders for their smallest 3D printer, the Replicator Mini which costs $1,375 which will be shipped sometime in the spring, TechCrunch reported.
Chicago, US-based artist community and e-commerce site Threadless launched an iOS app for its online T-shirt and hoodie business after existing exclusively on the web for a long time.
San Francisco, US-based software development project web hosting service GitHub built a new browser-based text editor called Atom that allows developers to write and edit code at the same time in a bid to combine all the best features of the available text editors in the market.
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
Sony will shut down two-thirds of its retail outlets located across the US, with 11 out of the 31 stores near major markets to remain open, as part of its move to offload unprofitable units and reduce liabilities.
US-based payments startup Knox Payments raised $900,000 in funding from Virginia-based angel investors to launch a limited beta version of its service that allows merchants to accept direct payments from their clients' bank accounts.
Manhattan Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
