Tags: China

US venture capital firm Lightspeed closes $950M for new early-stage fund

Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.


Australian and Chinese authorities reported spotting possible flight MH370 debris

Australian and Chinese authorities said that their planes have spotted possible debris from the missing flight MH370, reported The Guardian.

First Lady Michelle Obama tells Chinese college students that online access to information a universal right

US First Lady Michelle Obama told Chinese students that online freedom is a right that everyone should have but stopped short of urging the Chinese government to grant more freedoms to its citizens, Reuters reported.

Twitter offers SMS alternative after Turkey ban

Twitter is now offering an alternative way of sending Tweets via SMS after Turkish Prime Minister Recep Tayyip Erdogan lambasted social media for linking him to a corruption scandal and blocking the social network in the country.


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Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.
After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.
Beijing, China-based outbound visa service ByeCity received $20 million in its Series B funding from Alibaba Group Holding Ltd and Chinese private equity firm CBC Capital.
The search for the missing MH370 flight of the Malaysian Airlines was described by Malaysia Defense Minister Hishammuddin Hussein as unprecedented and complicated given an area of 35,800 square miles to scour.
Malaysian authorities denied reports that MH370 flight was tracked in Malacca Straight while Vietnam has dispatched a plane to investigate on an eyewitness report regarding a burning object in the sky east of the country.
A timeline is drawn from after the departure of the MH370 from Kuala Lumpur International Airport last Saturday until the fourth day, Tuesday, of the search and rescue operations conducted by Malaysian authorities and other countries.
Countries including US and Vietnam have joined the search for the MH370 jetliner which had gone missing since Saturday, reported CBC News.
Cooley LLP announced today that Divakar Gupta has joined the firm as a partner in its business department. He will be a member of Cooley's capital markets practice group, based in New York.
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