United States
Lessons Indian startups can glean from the failed Facebook acquisition of Salorix
Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.
German court rules in favor of Apple in IPCom GmBH & Co patent lawsuit
A Mannheim court dismissed the $2.2 billion lawsuit filed against it by patent holding firm IPCom in Germany on one of the "100" series patents the latter acquired from Robert Bosch GmBH, Bloomberg reported.
Obama administration's ConnectED Initiative gets two more backers in Prezi and Adobe
Technology firms Prezi and Adobe are the two latest supporters of President Barack Obama's ConnectED Initiative which seeks to bring American education in step with modern technologies.
Matrix backs Indian business financing firm FSBC
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).