Communitech admits eleven startups to third cycle of HYPERDRIVE accelerator

Communitech admitted eleven startups in the third cycle of its HYPERDRIVE accelerator. Waterloo-based Communitech admitted eleven new startups to the third cycle of its HYPERDRIVE accelerator.


Edimer Pharma gets US $18 mln funding to develop pioneer drug

Edimer Pharma gets a second round funding US $18 million, which will be used to develop a product that can treat XLHED condition.

Xiao becomes gray after IPO freeze in China

China Stock Market top regulator Xiao Gang attended a meeting in July with gray hair which sparked debates if he was overwhelmed with challenges confronting Asia's worse stock market or he has just ceased in dying his hair.

Wesdome and Windarra executes definitive agreement on acquisition

Wesdome Gold Mines Ltd and Windarra Minerals Ltd finalized a definitive agreement on the acquisition of common shares.


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UC Funding granted a USD 9.94 million bridge loan to real estate developers in Norfolk, VA. Capital solutions provider UC Funding structured the funding of a bridge loan to real estate developers in Norfolk, Virginia worth USD 9.
Trōv raises its capitalization fund to US $6.8 million after it completed its second round financing.
Retail management solutions company Amplience secured GBP3.7 million after the close of a series B financing.
Visa and MasterCard will ease EMV migration through tech licensing deal. MasterCard and Visa agreed to a deal for easing of mag-stripe to EMV migration.
A unit of J.P. Morgan Chase & Co. was slapped USD 410 million in fines by the FERC. The Federal Energy Regulatory Commission (FERC) fined a unit of J. P.
Scaleogy gets two new unnamed investors but the agreement's terms were not revealed. London-based Scaleogy Ltd. welcomed two new investors into the company.
Vodafone upgraded the New Zealand capital's wireless networks to 4G technology. Suburbs in many countries all over the world have been revolutionized by the 4G (4th generation) wireless technology.
Android is king of the tablet market, according to data from Strategy Analytics. The Android is unmistakably the king of the tablet market. Strategy Analytics has data and figures to back this statement.
Smartphone sellers in Taiwan expressed their concern over 8-core platforms and its effect on the quad-core dominated market.
Zynga Inc. lost three more top executives this month, following more than a dozen exit of top managers in the company after it announced IPO last December 2011.
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