Information technology news site Techcrunch cited investors of biotech company Monsanto, who said the company had purchased Climate Corporation for more than USD930 million.
North America
US, South Korea consider delay of US wartime command to SoKor's troops
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
FBI seizes Silk Road, arrests Ross William Ulbricht
The Federal Bureau of Investigation shut down the illegal operations of Silk Road, an online black market for illegal goods and services.
FBI shuts down alleged Bitcoin marketplace
The Federal Bureau of Investigation had shutdown Silk Road, an alleged online bitcoin marketplace used to perform illegal activities, said a Reuters report.
Paramount Pictures to lay off workers- memo
A memo obtained by Reuters revealed Paramount would be laying off 5% of its workers. A memo written to employees of Paramount Pictures revealed that the film studio would be eliminating 110 positions.
Latest News
Citing the The Washington Post, Techcrunch said Amazon Inc Chief executive officer Jeff Bezos completed his acquisition of the 136 year-old newspaper today.
Software company SAP AG said it would be pouring over USD650 million to its new SAP Ventures Fund II.
The Coffee Bean & Tea Leaf chief executive and president Mel Elias said his company would be planning an exit strategy in order to generate funds for its growth expansion in southern California and north Asia.
Sources from Apple Inc's supply chain told Reuters that the tech giant would not be able to do a worldwide release of its new iPad Mini equipped with high-resolution retina display.
Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.
Cargill Inc. and Archer Daniels Midland Co. were in final stages of discussion to close an acquisition deal that could be worth as much as USD2 billion, according to sources.
Wix.com filed for an initial public offering valued up to USD100 million, said a Reuters report. On Tuesday, Wix. com Ltd. had filed with the US regulators to raise USD100 million in an initial public offering of common stock.
According to a Reuters report, venture capitalists showed no signs of shying away from startup investments related to Bitcoin even as authorities increased scrutiny among numerous virtual currency firms.
On Tuesday, Barracuda Networks had filed for an initial public offering valued more than USD100 million, according to a regulatory filing.
