BlackBerry drops buyer search

Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.


Poll shows investors think Twitter is a bad investment

A poll taken by AP-CNBC showed that almost half of active investors think that Twitter is a bad buy.

MediaSpike raises USD5.2 million in series a funding

MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.

Samsung Galaxy S4 Zoom to be available with AT&T

AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8. Beginning on November 8, the Samsung Galaxy S4 Zoom would be available on AT&T.


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The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Early data from analytics companies indicated the popularity and the high conversion rate of iPad Air as compared to iPad 4 and iPad Mini.
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
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