Estonia builds startup fund for another Skype

Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.


Crowdit names three new members for its Board of Advisors

Three new members would join the existing members of Crowdit's Board of Advisors. The first firm to interact business networking and support services in to the crowdfunding experience, Crowdit, announced the appointments of three new members of its Board of Advisors.

Inventus Capital funds Espresso Logic

Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.

Richemont rules out brand sales

Geneva-based luxury-goods retailer Compagnie Financiere Richemont announced its decision to invest rather than divest in its struggling brands.


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Choose Energy's newly minted CEO Kerry Cooper would lead the company to new markets with new capital infusion from its latest Series B funding round.
London-listed coalminer Bumi Plc announced its plan to proceed with a planned split from the Bakrie family despite lack of proof that the family can finance the deal.
Vornado Realty Trust announced its intention to sell its Manhattan office building for USD200 million.
A rise in the growth of independent mobile apps was seen flourishing amid stiff competition. Analytics firm Flurry released new data today indicating a growing market of independent applications.
Under US GAAP rules, a twice over value increase per share between the third quarters of 2012 and 2013 for Apollo Global Management LLC.
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
Artiman Ventures unusual investment strategy has been successful as it provides seed investment fund for firms.
The Office of Fair Trading said the joint venture between University College London Hospitals, the Royal Free London and The Doctors Laboratory did not threaten competition in the pathology services market.
Investors from US, Canada and Qatar backed up a USD1 billion debt sale deal to boost BlackBerry's cash position.
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