According to a Forbes report, the use of mobile phones as mobile money platforms has grown. According to a Forbes report, the use of mobile phones as mobile money platforms has increased in South Africa.
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LG to launch smartphone G2 next month
South Korean electronics maker LG would be launching its newest smartphone, the G2, next month. Electronics maker LG would be launching the G2 at the Four Seasons Hotel in Riyadh on October 1.
Search-as-service startup SwiftType raises USD7.5 million in new funding round
Swiftype, a software company that assists clients to integrate search engines in their company sites, raised another USD7.5 million in its recent funding round.
Palantir raises close to USD197 million in seed capital - SEC filing
US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.
JC Penney faces uphill climb
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
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The CFTC warned that all buyers must be allowed to participate and operations need to be transparent as required by the Dodd-Frank Act.
According to an article for Reuters, the banks' notion of capital being the US economy's savior was a farce.
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
According to two sources who told a breaking news blog, Apple Inc would be making the iPhone 5S store pickup option available as early as Monday next week.
Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.
America Movil is biding its time in making a formal offer for KPN. America Movil SAB recently said it won't be making a formal offer until early October as it needs more time to negotiate with the management of Royal KPN NV.
General Motors newly issued unsecured bonds were offered to the market and was lauded as preparatory for the return to investment grade status.
Arkansas is the first of many states in the US that would receive funds for Medicaid expansion under Obamacare.
Greencoat, fresh from its IPO, purchases two wind farm projects from BayWa at a total cost of GBP70 million.
