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.
Institutional investors
Apax may create conflict of interest in Cengage bankruptcy
United Kingdom-based Apax Partners aimed to become one of the largest equity holders of textbook publishing company Cengage Learning Inc after the latter exits from bankruptcy.
Yuri Milner invests millions into GenapSys
Russian millionaire and entrepreneur Yuri Milner recently led a Series B funding round for genetics upstart GenapSys for the commercialization of the company's genome-sequencing platform.
Lone Pine Capital buys stakes in Baidu Inc, Amazon.com Inc and MasterCard Inc
Lone Pine Capital increased its holdings in online companies by buying shares in China-based search engine Baidu Inc and ecommerce firm Amazon.com Inc. The fund also bought shares in MasterCard Inc.
Viking Global Investors purchases nearly USD 620 million new stake in Bank of America Corp
Hedge fund firm Viking Global Investors obtained 44.9 million new shares in Bank of America in a deal worth USD 620 million near the end of September.
Latest News
With the aim of filling the shortage of data scientists, Udacity has launched its new online data science degree program with its first class "Introduction to Hadoop and MapReduce."
Private equity firm Liberty Hall Capital Partners announced today its acquisition of Tulsa-based aerospace engineered parts supplier Precise Machining & Manufacturing for an undisclosed amount.
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.
Top U.S. hedge fund managers in the third quarter zoned in on the consumer sector, with investment plays ranging from Sotheby's, a high-end auction house that caters to millionaires, to J.C. Penney Co, the struggling department store chain.
Warren Buffet's Berkshire Hathaway Inc has purchased 40.1 million shares in the world's largest publicly traded oil company Exxon Mobil Corp in a deal worth USD 3.45 billion.
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.
Singapore beverage and property conglomerate Fraser and Neave Ltd said investors in some of its notes voted against amending the terms of the debt, which would complicate the company's plan to spin off its core property unit.
A Financial Times report said private equity firm Motion Equity Partners was talking with Boston-based investment firm HarbourVest Partners to get new capital and end its status as a "zombie" buyout firm.
Formation 8 led the Series B round for preschool-focused digital learning company Kidaptive which raised USD 10.1 million to further develop its first product, Leo's Pad: Preschool Kids Learning Series for iPad.
