A total of USD163 million in cash was placed on eight acquisitions Yahoo Inc made during the third quarter this year, according to its recent earnings report.
Investors
Nginx scores USD 10 million in Series B round led by New Enterprise Associates
Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.
Liberty Global plans for a complete takeover of Ziggo- magazine
According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.
Vox Media aims to obtain USD40 million funding via Accel Partners
Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
TPG Capital, Ivanhoe acquires P3 from Arcapita Bank
TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.
Latest News
App revenues for Google Play Store still fell behind that of Apple's App Store, a report revealed.
A Telegraph report revealed the hidden features of Android smartphones. A report from UK newspaper The Telegraph revealed hidden features of Android smartphones.
Lawyers asked T-Mobile to remove its television commercial which was a parody about smartphone theft, saying it belittled the issue.
Investors remained anxious even if US Treasury Secretary Jacob Lew announced last week in Congress that the department had the capacity to pay US Treasury bill holders.
Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
