Industry
Online game maker Zynga posts Q4 net loss of $47 million
Zynga posted a net loss of $47 million in the fourth quarter ended December 31, 2015, compared to a net loss of $45 million in the comparable period last year. The company expects to launch new games in 2016.
Aplos Scored $4 Million Funding from San Joaquin Capital
Aplos, software company that build software for churches and nonprofit organizations received a $4 million in Series A funding from San Joaquin Capital. The firm believes that Aplos has untapped market and strong position to grow.
Prudential Financial Going To Discuss Fourth Quarter Financials On Thursday Through Video Conference Call
Prudential Financial has announced its fourth quarter financials of 2015 on Wednesday. Assets under management have been amounted to be $1.184 trillion on December 31, 2015. It has been compared to $1.176 trillion existed a year earlier. The quarterly earning will be communicated live for the investors at 11 am on Thursday.
Foreign Investment: Indonesian Government Will Revise Regulations, Allowing Foreign Capital on More Sectors
The changes are part of the government's economic stimulus package, expected to boost the country's economic growth and create job openings. Indonesia's new regulations on investment would loosen current restrictions on foreign investments in various sectors, including e-commerce, retail and healthcare.