Singaporean organization Monozca Foundation is opening an incubator facility for small and medium enterprises (SMEs) in the Philippines in Filinvest Corporate City, which will be called the Cocoon SME Global Hub.
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US game monetization firm Mochi Media to shut down on March 31
San Francisco, US-based Flash game development and monetization platfrom Mochi Media will shut down on March 31, 2013 as it no longer has a solid future with Flash games.
OKCoin raises $10M in Series A round to become China's biggest Bitcoin exchange
OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.
YTS revives Argentine movie streaming app Popcorn Time
After gaining popularity last week for its easy-to-use movie streaming interface and being shut down shortly after that, Buenos Aires, Argentina-based app Popcorn is being revived by torrent site YTS.
Brooklyn incubator Urban Future Lab opens to support cleantech startups
Brooklyn, US-based incubator Urban Future Lab has opened in partnership with NYU Polytechnic School of Engineering and The New York City Economic Development Corp (NYCEDC) to support cleantech startups around the world.
Latest News
As predictive technology and the rise of wearable technology grows, concerns also abound about their use and the privacy and related issues that they bring, VentureBeat reported.
Non-profit health agency Muscular Dystrophy Association (MDA) sold its former headquarters along Sunrise Drive in Tucson to Larsen Baker LLC in a deal valued at $9.1 million.
Leonardo DiCaprio has bought a Palm Springs estate once owned by singer Dinah Shore and designed by architect Donald Wexler for $5,23 million, the Los Angeles Times reported.
The City of Los Angeles sued Time Warner Cable Inc for its failure to pay franchise fees amounting to nearly $10 million in the past, the Los Angeles Times reported.
Douglas Hodge, the Chief Executive Officer of Pimco, told German newspaper that the abrupt decision of Mohamed El-Erian to leave the firm surprised everyone, Reuters reported.
Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.
Five India-based companies have shown their interest in investing in the Zamboanga City Special Economic Zone Authority and Freeport (ZamboEcozone) during a recent business forum in Makati, Philippines.
According to security researchers at Securelist, the data stolen from the computer owned by Mt Gox Chief Operating Officer Mark Karpeles' computer contained malware that pretended to be a back-end app for Mt Gox transactions but actually stole users' Bitcoins.
American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.
