Tags: Venture
China Mobile gave CNY 20 billion in 4G contracts to both Chinese and foreign companies
China Mobile gave initial 4G contracts worth CNY 20 billion or USD 3.2 billion to both Chinese and foreign companies.
TagMan gets USD 5 million in funds from Greycroft Partners, iNovia Capital
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
Geely Automobile to start offering vehicles co-developed with Volvo in 2015
Geely Automobile Holdings announced it would start to offer cars it had developed with Volvo in 2015.
BHP Billiton makes USD2.6 million investment after hiatus
BHP Billiton finally makes a major investment after declaring last year that the mining company will not partake in any big expenditures.
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The recent cyber attack on Regions Bank provides a new opportunity for venture capitalists. Regions Bank was attacked Friday, leading customers confused and worried.
"The Wolverine" is expected to "heal" Hollywood from big-budget losses. "The Wolverine" is the latest spinoff from the X-Men franchise.
Tomorrowland has become a global business venture dubbed as TomorrowWorld. Tomorrowland has been around since 2005 and has become a notable and highly anticipated event the all over the world.
"The Wolverine" could still be "the best debut this summer." "The Wolverine" opened with estimates for earnings over the weekend dropped to US$63 million, which was US$2 million short of Fox's estimates of US$65 million.
The latest X-Men spinoff, "The Wolverine", was right on track with just US$2 million below estimates.
Investment firm Almaz Capital raised a total of US$102 million for its second funding. Russia-focused technology venture investor Almaz Capital has posted a US$102 million total for its second fund according to one of the company's securities filing.
Plexus Holdings announced that they have acquired a UK engineering company to bolster its presence in the oil and gas industry.
Solutions provider Symantec buys PasswordBank from Inveready. Solutions provider company Symantec recently purchased PassWordBank from Inveready, a Spanish venture capital company that specializes in early-stage investment.
Battery Ventures, Austin Ventures and The Valley Fund have all made their commitments to back-up the newly launched accelerator program, OpenIncubate.
Two unusual sector start-ups drew the interest of venture capitalists during the second quarter. New England venture capitalist invested in home building and telecommunications during the second quarter.