Visa and MasterCard will ease EMV migration through tech licensing deal. MasterCard and Visa agreed to a deal for easing of mag-stripe to EMV migration.
Institutional investors
Edimer Pharma gets US $18 mln funding to develop pioneer drug
Edimer Pharma gets a second round funding US $18 million, which will be used to develop a product that can treat XLHED condition.
Xiao becomes gray after IPO freeze in China
China Stock Market top regulator Xiao Gang attended a meeting in July with gray hair which sparked debates if he was overwhelmed with challenges confronting Asia's worse stock market or he has just ceased in dying his hair.
CORRECTION: Bina closes new financing worth $1.7 million
Bina Technologies gets additional financing worth US $1.7 million in a round participated in by AME Cloud Ventures and Columbus.
UC Funding grants USD 9.94 million acquisition bridge loan to VA developers
UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA. Capital solutions provider UC Funding structured the funding of a bridge loan to real estate developers in Norfolk, Virginia worth USD 9.
Latest News
Scaleogy gets two new unnamed investors but the agreement's terms were not revealed. London-based Scaleogy Ltd. welcomed two new investors into the company.
Android is king of the tablet market, according to data from Strategy Analytics. The Android is unmistakably the king of the tablet market. Strategy Analytics has data and figures to back this statement.
Olapic secures US $5 million after the close of a series A financing round led by Great Longworth Venture Partners and Fung Capital USA.
Microsoft Windows 8 and Surface RT tablets were lagging behind competitors. Windows 8, the operating system Microsoft designed for touch PCs, was still finding it hard to capture a sizeable audience.
Apple and Motorola dropped 14 patents, which now left with them with 8 patents-in-suit. Apple and Google's Motorola agreed to drop 14 patent suits Monday.
The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.
Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.
Apple issued a statement in response to Pegatron's claimed labor abuses. Apple responded to claims that its Shanghai-based manufacturer, Pegatron, was involved in labor abuses.
YouBeauty gets a series A-1 funding worth US $8.6 million in a round led by existing investor Countur Venture Partners.
