The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
Regions
Highland Capital Partners Europe leads €23.5M investment in AMCS Group
AMCS Group secured an equity investment of €23.5 million in a round led by Highland Capital Partners Europe. AMCS Group is a company that gives software and solutions to firms in the recycling and waste management industry.
Survey shows improving Japanese sentiment, equities lifts regional investor sentiment
The latest Manulife Investor Sentiment Index for Asia showed that an improved investor sentiment in Japan and an improving view towards equities brought up the investor sentiment in the Asian region.
ASL Marine to acquire Miclyn Express Offshore shipyard in Indonesia for $20M
Singapore-based shipbuilder ASL Marine Holdings agreed to acquire Miclyn Express Offshore's shipyard in Batam, Indonesia for $20 million through it subsidiary PT Sukses Shipyard Indonesia.
Startup producing test-tube leather to open facility in New York
Missouri, US-based biotech startup Modern Meadow is the process of opening a facility in New York to promote lab-grown leather and in-vitro meat to fashion firms and restaurants in the area.
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Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
Users in social media criticized billionaire venture capitalist Thomas Perkins for an open letter he sent to and was published in The Wall Street Journal comparing rich Americans to the Jews who suffered in the Holocaust, The Independent reported.
Online legal startups like LegalForce, RocketLawyer and others intend to bring law closer to the people and make it less expensive in the process, the San Jose Mercury News reported.
Apple Inc is already working towards the expansion of its mobile payments service to leverage on its rising number of iPhone and iPad users and iTunes customers, sources told The Wall Street Journal.
The laptops that were stolen from Coca-Cola's headquarters in Atlanta held personal information like names and Social Security numbers of up to 74,000 people, a report from The Wall Street Journal said.
A Marshall, Texas federal jury awarded $1 to Google for winning a case against patent-licensing company Beneficial Innovations Inc for suing its customers, Bloomberg reported.
India's private equity industry is growing and fund managers are getting seasoned industry veterans to help manage their portfolios and add more value to their investments, The Financial Express reported.
Kotak Private Equity is purchasing a 19% stake in offshore logistics support services firm Samson Maritime from IFC and JM Financial for Rs 150 crore, sources told The Economic Times.
