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UK-based Dentsu Aegis acquires Chinese social creative firm Verawom
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
Blackrock raises stake in UK Internet media firm Blinkx to 13pct
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
California's Oculus VR receives The Crunchie for being the Best Hardware Startup
Irvine, US-based startup Oculus VR took home the award for the Best Hardware Startup of the year during the 7th Annual Crunchies of TechCrunch for its breakthrough Oculus Rift VR headset.
KKR & Co liquidates two funds focused on individual investors
Private equity giant KKR will be withdrawing two funds targeted for individual investors, a move that is seen as a blow to its efforts to grow its product offerings beyond institutional investors, Reuters reported.