A New Zealand court on Wednesday ruled that the search warrant used in the arrest of Megaupload founder Kim Dotcom on U.S. online piracy charges was legal, dealing a blow to the internet entrepreneur's fight against extradition to the United States.
Oceania
US video editing startup Magisto raises $2M in funding, partners with Russia's Mail.ru
New York, US-based automatic video editing startup Magistro raised $2 million in a recent funding round and has struck a deal that will integrate its technology into the Russian social network Odnoklassniki, which is owned by Mail.ru.
Australian accounting firm Practice Ignition pockets $650K in seed funding
Sydney, Australia-based accounting software maker Practice Ignition pocketed $650,000 in a seed round from investors such as MYOB co-founder Graig Winkler, for the expansion and development of the firm.
Iluka to pick up ₤12.2M stake in UK metal powder producer Metalysis
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
Catching Money in Latin America—Day #2 in Lima, Peru
What actions can entrepreneurs take to not only raise money to finance their enterprise but as importantly—help L. American investors to see beyond the financial rewards of investing in just their company—and finance other ventures in their community?
Latest News
Sydney, New South Wales-based mining and exploration company Kimberley Diamonds Ltd picked up the Argyle Smoke Creek diamond project from Mumbai, India-based firm Venus Metals Corp for A$1 million in combined cash and issued shares.
Melbourne, Victoria-based financial planning firm Financial Index Wealth Accountants (Findex) agreed to take over Sydney, New South Wales-based high net worth advisory company Centric Wealth Ltd for an unconfirmed amount.
Perth, Australia-based gold explorer Orinoco Gold entered an agreement to acquire the 70% stake of gold and silver producer Troy Resources in a gold mine in the Sertao gold mine located in Brazil.
Melbourne, Victoria-based diamond mining firm Merlin Diamonds raised $2 million by selling 26 million of its shares at $0.75 apiece to Singapore-based investment holding firm Blumont Group for the development of its diamond mine in the Northern Territory of Australia.
Victoria, Australia-based truck and trailer parts supplier MaxiPARTS acquired Wagga Wagga, New South Wales-based vehicle spare parts seller RW International Parts for an undisclosed amount to expand its retail network in the country.
Jerusalem, Israel-based venture capital funding platform OurCrowd is looking to invest in Australia-based startups amid a 4% drop in the country's pool of venture capital.
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
Microsoft will soon be renaming its cloud storage service to OneDrive with the tech giant potentially giving incentives like added free storage to encourage users to use the service, TechCrunch reported.
Sydney, Australia-based precious and base metals explorer Robust Resources will raise A$25.5 million via share issue to fund the acquisition of the Talas gold-copper project located in the Kyrgyz Republic.
