Software & IT services
Facebook stock slips after Onavo buyout announcement
Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.
TRAFI raises USD500,000 in seed fund, boards former Nokia Maps chief
TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.
Shares of Unit4 rise after EUR 1 billion takeover announcement
Dutch software company Unit4 shares increased after it announced that private equity firms had approached with a EUR 35 per share buyout offer.
IT provider Tieto to cut more jobs
Finnish IT services provider Tieto had planned to reduce its workforce by a further 5% following last year's job reduction, said a report from Reuters.