Mt. Gox has posted a new statement which shed more light on the company's financial situation and validated the contents of a document leaked earlier, TechCrunch reported.
Sectors
New Zealand Venture Investment Fund CEO crowdfunding rule change good for startups
New Zealand Venture Investment Fund Chief Executive Officer Franceska Banga thinks that the rule change permitting equity crowdfunding in New Zealand is a positive development, Fairfax NZ News reported.
Britain to ditch tax on Bitcoin trading
As opposed to the move that other countries are taking, the British government is planning to ditch the tax levied on Bitcoin trading, but the cryptocurrency will still be subjected to corporation and other taxes.
Israel-based XLMedia seeks to raise $40M in gaming float
XLMedia, the digital media firm that brings traffic for online gaming sites, intends to secure $40 million in a London stock market flotation, the Financial Times reported.
Geekdom Fund backs three tech startups in San Antonio
San Antonio, US-based early-stage investment fund Geekdom Fund invested $25,000 each in startups Nebula Technologies, Lightphile, and Remote Garage, which are headquartered in Geekdom's co-working space.
Latest News
Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.
London, UK-based marketing solutions provider St Ives Group completed the purchase of digital marketing firm Realise Holdings Ltd in a deal valued at £21.7 million to enhance its product offerings.
GE Ventures and Northgate Capital joined existing investors in the Series E funding round extension of RainDance Technologies Inc which raised $16.5 million, a statement about the funding said.
France-based premium pay television channel Canal Plus took a majority interest in YouTube French comedy channel group Studio Bagel for an undisclosed amount to beef up its Over the Top Technology (OTT) business in the country.
Arsenal Capital-backed FrontStream Holdings purchased TRUiST Inc, a company that provides corporate philanthropy solutions based in Washington, DC. Financial terms of the deal were not provided.
Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.
Polaris Partners led the Series A financing round for Santa Monica, California-based enterprise software startup Bitium which raised $6.5 million, a statement about the funding said.
Norfolk, UK-based energy firm 3Sun Group bagged a $16.7 million (£10 million) investment from the Business Growth Fund (BGF) to fuel its European expansion and workforce addition.
Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.
