Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.

South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.

Daiichi Sankyo said in a statement that the merger deal between Ranbaxy and Sun Pharma would possibly close by the end of 2014, reported ET.

BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa. BNP Paribas’ South African arm has purchased 100 percent of RCS, reported Ventures Africa.

The CRM giant Salesforce would invest in a new building tower in San Francisco valued USD560 million, reported TechCrunch.

Zoe's Kitchen announced pricing its initial public offer for USD15 per share of common stock listed on the New York Stock Exchange.

Australian department store David Jones was acquired by South African retailer Woolworths in a deal valued USD2 billion, reported Ventures Africa.

Microsoft has innovated an Indian hotline for startups to give advice, available during business hours from Monday to Friday, reported Venture Beat.

Today, Samsung and SingTel Group has announced an initiative that would simplify retail experience and seamless mobile data access, reported ET.

On Friday, investment bank Investec said that Bank of Queensland would acquire its Australian unit in a deal valued USD414 million, reported WSJ.

LightSquared Inc. confirmed that it would borrow from its lenders USD74 million as additional funding, reported Bloomberg.

According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat.

Startup founders have been looking highly at IPO stock market prices as a guideline towards success, said TechCrunch.

Apple Inc. refused to join Intellectual Ventures on a patent trolling operations, reported Gigaon. Apple Inc. has declined joining Intellectual Ventures (IV) for a patent trolling business.

Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.

The United Bank for Africa has revealed that it would slow down its expansion in Africa that would be favorable to Nigeria's power projects, reported Ventures Africa.

Enable Midstream Partners has announced its IPO price valued USD20 per share piece to start trading on Friday, April 11 on the NYSE.

The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.

Ooomf changed its name to Crew and announced receiving USD2.1 million new funds, reported TechCrunch.

Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.

Genesis Media received new funding which was valued USD6 million for interrupting ads known as ContentUnlock, reported TechCrunch.

Zandesk revealed its plan to go public and its acquisition of Singapore's Zopim, reported Ventures Beat.

New round funds were given to AppDirect valued at USD35 million, reported TechCrunch. AppDirect has announced taking in USD35 million in fresh rounds of funds, reported TechCrunch.

Advanced Finance and Investment Group (AFIG) would raise USD200 million investment for SMEs in Africa in the next two years, said a report from Ventures Africa.

Seplat Petroleum Development Company has set its price for an IPO at USD1.67 per piece with dual listings on the Nigerian Stock Exchange and the London bourse, reported Ventures Africa.

Hospitality startup Airbnb has increased its service arm to Los Angeles through a partnership with Homejoy and Handybook, reported TechCrunch.

Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.

The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.

Quora has announced taking a bigger step into expanding its business similar offering services similar to that of Wikipedia's, reported Venture Beat.

According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.