Microsoft files patent for performance-based pricing for cloud service -report

Software giant Microsoft applied for a patent for a system that allows customers to set the rate based on the performance level of its cloud service, according to InformationWeek.


A new university bets on a hybrid online-learning model

Offering a twist on the learn-from-anywhere convenience of Internet classes, a new university is asking freshmen to take a large leap of faith.

US fund manager CRG invests in Kazakhstan copper asset

Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.

Canada's CHC Group prices IPO at $10 per share

Richmond, Canada-based global helicopter services provider CHC Group Ltd priced the initial public offering (IPO) of its ordinary shares at $10 apiece, with the offering expected to close on January 23.


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China-based coal bed methane producer AAG Energy Ltd may revive its plan for an initial public offering (IPO) in Hong Kong which was shelved last year, to raise funds for its 2014 operations.
Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).
Tel Aviv, Israel-based startup PowerUp Toys raised over $1 million via crowdfunding platform Kickstarter for a smartphone-controlled paperplane, with still eight days to go for the campaign.
Washington, US-based private equity firm Carlyle Group plans to raise $290 million by selling 100 million shares in Hong Kong-based home appliance maker Haier Electronics Group Ltd, according to IFR.
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
Professional basketball team Sacramento Kings is the first team in the US to accept the Bitcoin, highlighting its fascination with the digital currency, The Sacramento Bee reported.
Sarasota, Florida-based investment group Pebble Aviation LLC acquired Burbank, California-based air charter and cargo services provider Ameriflight LLC for an undisclosed sum, as announced by both companies on Thursday.
A lot of changes are taking place in the venture capital landscape and venture capital funds need to adapt or risk not thriving in the new landscape, The Economist reported.
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
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