Mozilla CEO Brendan Eich resigns from office following his controversial donation supporting California's opposition to gay marriage.
Firm Management
Austria's Lisec Group to enter Nigerian glass markets, reveals expansion plan
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
LA-based startup Zumbox to shut down digital postal mail service
Los Angeles, US-based digital postal mail startup Zumbox announced via email that it will be shutting down its service on April 14, 2014 due to difficulty in staying above the cost of delivering the service.
Hospitality startup Airbnb widens service market to Los Angeles
Hospitality startup Airbnb has increased its service arm to Los Angeles through a partnership with Homejoy and Handybook, reported TechCrunch.
Holcim-Lafarge merger to create world's biggest cement maker
The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.
Latest News
PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Brookstone Inc. filed with US regulators in Delaware Chapter 11 bankruptcy protection to be able to push through a deal with Spencer Spirit Holdings Inc.
Liberty Media announced selling a controlling stake in Barnes & Noble without disclosing the price and the potential bidders for the transaction, said a Reuters report.
The biggest refiner in Asia, Sinopec would sell 30% of its shares in its retail assets said sources familiar with the matter but asked not to be named as the talks were held private, reported Bloomberg.
Ventures Africa reported that Marriott International has finalized an acquisition deal for Protea Hotels valued USD191 million.
Varun Beverages planned to invest USD300 million for a business expansion in South Asia and Africa, reported Ventures Africa.
US smartphone giant Apple Inc. had been in discussion with Renesas Electronics to buy a controlling stake in the company, according to a source familiar with the matter said a Reuters report.
BlackBerry Ltd said it would not renew a deal allowing T-Mobile US Inc to sell its products, a gamble by the smartphone maker as it struggles to stabilize its business under an aggressive new chief executive officer.
