European Competition Commissioner Joaquin Almunia nears end of term with landmark decisions lingering with Google and Gazprom

Joaquin Almunia, the Competition Commissioner of the EU, still has to make a decision on allegations that Google abused its market dominance and the price discrimination claims made of Russia's Gazprom before his term ends, Reuters reported.


California startup's growers platform OnFarm gains global recognition

Fresno, California-based agricultural startup OnFarm's growers integrated data platform gained global recognition when it competed in the IBM Global Entrepreneur of the Year Award in 2013 and was included in the top six finalists.

Foreign direct investment in Seoul reaches five-year record high

Based on data gathered by the Seoul Metropolitan Government, foreign direct investment (FDI) poured into Seoul, South Korea, reached $6 billion in 2013, an all-time high since the global financial crisis hit in 2008.

Microsoft investor, Mason Morfit seeks change on how giant software maker sells its products

ValueAct Holdings President Mason Morfit plans to influence Microsoft on how it sells Windows, the operating system that is behind most of the software giant's products, Bloomberg reported.


Latest News

India-based technology firm HCL has entered into the healthcare segment with an equity position in Bharat Family Clinic, causing a buzz in the sector, the Business Standard reported.
What has happened to the Facebook founders a decade after establishing Facebook? An AFP report shows what Mark Zuckerberg, Chris Hughes, Eduardo Saverin, Dustin Moskovitz and Sean Parker are up to.
Facebook is looking to steal the "second screen" crown from Twitter as the two social giant networks scramble to offer the best coverage of the National Football League (NFL) teams' clashes in the Super Bowl XLVIII.
Expert360, a recruitment website for the upper tier employment market, was able to secure $1 million in seed funding from angel investors in an oversubscribed round, The Canberra Times reported.
South Korea-based Android manufacturer LG has launched G Flex, a new phablet which has a curved display and self-heals or minimizes scratches on the surface.
ThisClicks, a mobile technology firm that has developed an employee scheduling software, has secured venture capital funding of $4 million from Arthur Ventures, Greycroft and e.ventures, StarTribune reported.
Private equity investment manager Militello Capital has made an undisclosed investment in enterprise resource planning for eCommerce Management Software SalesWarp that holds headquarters in Baltimore, Maryland.
The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue for growth for the Singaporean and IT industry.
Rain Rannu, the Founder and Chief Executive Officer of Fortumo, said in his guest post at VentureBeat that more Android app users would pay if local payment options and not just credit cards would be offered.
Carrot, the family of apps that helps people manage daily goals and tasks, launched Carrot Fit on iTunes, a judgmental and sarcastic talking app that helps user track weight loss with a combination of rewards and punishments.
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