Sweden-based app maker MAG Interactive collected USD6 million in funding from Nokia Growth Partners to be used for the development and expansion of its product and facilities.
Games/Entertainment
TinyCo lands USD20 million in funding for game development
San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.
Hedge funds tune into Pandora, discard Apple in Q3
Hedge funds including Philippe Laffont's Coatue Management and Patrick McCormack's Tiger Consumer Management both opened stakes in Pandora of about 1.1 million and 2.9 million shares, respectively, U.S Securities and Exchange Commission filings showed.
What to watch in the day ahead
Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.
GSN files lawsuit against Bash Gaming after latter backs out from acquisition deal
The Game Show Network insisted that Bash Gaming pay a premium based from the difference between its initial acquisition offer and the amount the latter received from an unnamed buyer after Bash rejects GSN's deal at the last minute.
Latest News
Los Angeles-based startup Ninja Metrics raised USD2.8 million today from Tech Coast Angels and Harvard Business School to launch its predictive analytics tool Katana Analytics Engine.
According to sources interviewed by Bloomberg, New York-based private equity firm Forstmann Little & Co had shortened its list of potential bidders for IMG Worldwide Inc, its talent agency, to five.
Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.
The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.
Private equity-owned Numericable and Merlin Entertainments held successful initial public offerings despite holding higher debts.
Extreme athletics showcase Nitro Circus announced it would become one with the touring company that helped produce its live programs.
Celine Dion, the pop music diva, had gone on record to clarify that the rumors of her death on Facebook are untrue and are hurtful to her close-knit family.
Maria Gabriela Isler was crowned 2013 Miss Universe in Moscow, Russia. A former television host from Venezuela was crowned Miss Universe 2013 last Saturday.
New broadcasting firm BT acquired exclusive rights to broadcast UEFA football games. BT had scored a coup in the multibillion pound sports broadcasting market.
