Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Sectors
Google's USD607 million investment to triple size of Hamina data facility
Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
Marks and Spencer sales drop to 1.3%
The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.
Terrajoule raises USD11.5 million for solar energy storage
Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.
Lululemon suffer a drop in shares after customers complain about yoga pants
Following customer complaints on Groove and Wunder Under yoga pants, Canadian clothing company Lululemon’s shares drop to USD67.85.
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Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.
Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Pimco Total Return lost its title as the biggest mutual fund to Vanguard Total Stock Market Index. Vanguard Total Stock Market Index overtook Pimco Total Return as the world's largest mutual fund by assets.
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
