Software & IT services
Powa Technologies gets USD 76 million from anonymous investor
Powa Technologies receives funding for expansion after PM Cameron endorsed investor infuses money for the firm.
Suntech restructures debt through new programs
Suntech Power, the solar energy corporation, announced a plan to convert debt to equity as well as inclusion of a new strategic partner.
Vestiaire Collective raises USD20 million
Vestiaire Collective had raised USD20 million Series C funding to fuel international growth. Vestiaire Collective received USD20 million Series C funding from Condé Nast, previous investor Balderton and Ventech as well as Indivest.
KeyLemon receives USD1.5 million Series A funding
Swiss startup KeyLemon had received USD1.5 million in Series A funding from Debiopharm Investment and Swisscom Ventures.
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With the opening of its new Australian unit, Twitter confirmed the official appointment of ex-Google unit head Karen Stock as the country manager for Australia.
Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic Malaysia-based PopDigital Sdn Bhd said in an announcement that it has acquired lifestyle platform Tongue in Chic.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
Reuters reported that five of HTC's employees were jailed over the weekend over trade secrets breach claimed by the Taiwanese mobile phone maker.
To better achieve business goals for their partners, the InfoTrust Group utilizes the goodwill and leverage the Flatirons Solutions name provides.
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Microsoft Corp. announced on Friday that it had offered ValueAct Capital Management LLC President Mason Morfit to join the tech giant's board of directors.
According to technology news site Techcrunch, Pure Storage's recent USD150 million funding was a step to dominate the flash storage market.
According to a Bloomberg report, shareholder pressure would most likely influence the incoming CEO of Microsoft to take drastic measures to increase shareholder value and possibly spin off the XBox video game division.
Sources told a Belgian business daily that the government could sell a small portion of its stake in the Belgacom Group.