Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
North America
SAC Capital nears settlement of insider trading case
The seven year battle between federal prosecutors and Stephen A. Cohen's SAC Capital Advisors nearing a compromise agreement.
Small businesses bear brunt of partial government shutdown
Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.
Microsoft releases Windows 8 update globally
The Windows 8.1 update would seek to address issues that had been found in the original Windows 8 operating system.
Blackstone's Brixmor to gather up to USD 787.5 million in US share sale
Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
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Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.
Police arrested a baggage handler for the Sunday ice explosions at the Los Angeles Airport. The Los Angeles Police Department (LAPD) arrested an airport employee today for causing the dry ice explosions at the Los Angeles Airport (LAX) on Sunday.
