Investors remain inclined to take markets higher in the absence of anything that would suggest equities should fall. The market seems to have hit a stage where strong data helps and weak data affirms the Fed's intentions to keep policy accommodative, which also helps stocks.
Software & IT services
Oracle acquires Bitzer Mobile for bring-your-own-device business
Oracle Corp made an announcement on its website via a redirect from Bitzer Mobile's site link that it had acquired the startup at an undisclosed amount to expand its business in the bring your own device (BYOD) market.
Advent International makes USD1.58 billion cash offer for UNIT4
Private equity firm Advent International made a cash offer of USD1.58 billion for Dutch business software maker UNIT4 NV in a deal that was recommended by UNIT4 to its shareholders.
Google Inc ramps up retail efforts with Winter Wonderlabs
Google Inc will be increasing its marketing reach by opening Winter Wonderlabs in six cities. The outlets will feature the search giant's products like the Nexus 7, Chromebook and Chromecast.
Apple purchases Tel Aviv-based PrimeSense for USD345 million - report
According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.
Latest News
The Social+Capital Partnership and Resolute.vc led the USD 2.7 million investment round for software recruitment solutions provider Greenhouse. Other investors like Bill Lohse of Pinterest and Seth Goldstein of DJZ and Turntable.fm also supported Greenhouse.
Chicago-based marketing technology BrightTag secured USD27 million funding from Yahoo! Japan. The Japanese internet company's investment brought BrightTag's fund total its has raised so far to USD50 million.
Boston-based hedge fund Highfields Capital Management exited from its stake in JPMorgan Chase & Co and Oracle Corp and halved its holdings of Capital One Financial Corp.
Judge Denny Chin of the US Circuit Court in New York ruled that the scanning can be classified as fair use since it was "highly transformative." Chin also said that the scanning was not detrimental to the marketing for the author's work.
Venture-back startup Windsor Circle obtained USD950,000 in its Series A-1 funding round. The software solutions and services company has now raised a total of USD2.4 million.
California-based company Selligy raised USD2.8 million in a Series A round to fund the integration of its customer relationship management (CRM) app with iPad and Android devices.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Apple Inc was not a stranger to claims by foreign governments who insisted that the Cupertino, California-based company had used specific accounting practices in order to avoid paying hefty taxes.
Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.
