US-based cloud storage firm Box confirmed it closed USD100 million in fresh capital to catalyze its global expansion as it sealed commercial transactions with Japanese firms.
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Incoming Time Warner Cable Inc CEO says he's the perfect guy to manage M&A situations for firm
Rob Marcus, the incoming Chief Executive Officer of Time Warner Cable Inc, said he is the perfect guy to manage cable company's mergers and acquisitions component.
Investors pull back from Lampert's fund -NYT
More investors discouraged by the declining fortunes of ESL Investment's stake in Sears Holdings Corp. are heading for the exit. American billionaire Edward Lampert owns ESL Investments and leads Sears Holdings.
Philadelphia's Monetate snags $8M in Series C funding
Philadelphia-based company Monetate has raised USD8 million for the development of its platform that helps other companies drive their sales through analysis of data from various sources.
Mandela's economic legacy as important as his political legacy
Although Nelson Mandela was best known for his role in ending apartheid in South Africa, a report from Businessweek highlighted the economic legacy left by the late leader.
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A report from the Business Standard said retail investors of mutual funds in India were not timing their redemptions properly and as a result, are getting poor returns.
US-based messaging app Snapchat is raising another USD55 million just six month after it raised USD60 million in its Series B round, pushing the app's valuation to around USD2 billion.
An unnamed Boston-based investment advisor led the USD 30 million financing round for Mozido Inc. The Texas-based mobile payment, shopping and marketing solutions provider also named Ric Duques as Chairman of the Board.
Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion, is backing a start-up focused on augmented reality - the ability to overlay information on a real-world background which some see as the next big digital craze.
SOUTHWEST AIRLINES ACQUIRES SLOTS AT NEW YORK'S LAGUARDIA AIRPORT Southwest Airlines has acquired 12 takeoff and landing slots (for six roundtrip flights) at New York's LaGuardia Airport (LGA) being divested by American Airlines as part of itsmerger with US Airways.
Private equity-backed CVC Brasil Operadora e Agencia de Viagens priced its shares at BRL 16 apiece for its IPO today, below its indicated price range of BRL 18 to BRL 22.
Crane Co. announced today that the European Commission has approved the definitive agreements to implement the licensing and divestiture Commitments by Crane Co. related to its pending acquisition of MEI Conlux Holdings.
The market in mobile payment or transaction apps using Bitcoin as a payment option is being fueled by a growing interest in average consumers who view payments via their smartphones as an easy way to settle their dues.
An unnamed source told Reuters that drugmaker Adcock Ingram's largest shareholder Public Investment Corporation will not be putting up its 19% ownership stake for sale as the offer extended by potential buyer Bidvest undervalued its holding.
