Trina Solar reported increase in sales as high demand for products developed in China and Japan. China's Trina Solar Ltd increased its forecast for panel shipments this year as sales in its own country increased.
Software & IT services
PicCollage scores USD 2.3 million in seed funds
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
Facebook unveils new project
Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
Eastman Kodak emerges from bankruptcy and starts afresh
Eastman Kodak was cleared by bankruptcy court to begin the company's restructuring. Eastman Kodak Co. emerged from bankruptcy court Tuesday after a judge cleared the company to begin a new chapter.
Maginatics closes $17 million in Series B Financing
Maginatics raised $17 million in Series B financing for its projects. Maginatics, a leader in technology innovations, clinched USD17 million in Series B funding.
Latest News
Vietnam announced plan to ban free chat applications to protect network providers in the country. The Vietnam government proposed a possible prohibition of free Internet chat applications.
Barnes & Noble's sales weakened after CEO Leonard Riggio cancelled his offer to purchase stores.
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.
Semiconductor company Ambiq Micro raised USD 10 million for its Series B round. Texas-based Ambiq Micro closed its Series B funding round with USD 10 million.
An industry observer concluded that Amazon lost around USD5 million in revenue when the e-commerce site went down 1PM Pacific time today.
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
Samsung Electronics Co. introduced the Samsung Mega in the US market. Samsung Electronics Co. released its newest product today in the United States.
Clustrix announces the new funding worth $10M from HighBar. Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners.
