The Committee on Foreign Investment in the United States or Cfius is expected to thoroughly scrutinize the $2.9 billion acquisition of Motorola's handset business by Chinese technology firm Lenovo.
United States
Jos. A. Bank in talks to acquire peer Eddie Bauer from private equity owner
Clothing retailer Jos. A. Bank, which is in a takeover war with Men's Wearhouse, is reportedly in talks to buy Washington-based peer Eddie Bauer. Eddie Bauer is owned by New York hedge fund Golden Gate Capital.
Co-Signer.com Reports Much Lower Default Ratio Than Forecast
Co-Signer, Inc. today announced its subsidiary's default ratio for calendar 2013 was 2.3% of total contracts for the period in contrast to its budgeted internal forecast of 7%. With an expanded sales effort for the immediate past year of its service product in targeted communities nationwide, the Company reported this milestone was achieved through its continuous monitoring of its underwriting.
Washington's iCPooch crowdfunds remote treat dispenser and pet facetime device
Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.
Philippine central bank governor Amando Tetangco says policy rate changes not the best response to US taper
According to Central Bank of the Philippines Governor Amando Tetangco, the policy of increasing rates to cope with volatile currencies set in place by fellow emerging markets would be more harmful, the Financial Times reported.
Latest News
Social media giant finally rolled out its Graph Search feature to mobile devices one year after it was introduced, to give users an easier way to mine data and achieve cleaner results from a random set of words used in the search.
Fresno, California-based agricultural startup OnFarm's growers integrated data platform gained global recognition when it competed in the IBM Global Entrepreneur of the Year Award in 2013 and was included in the top six finalists.
Based on data gathered by the Seoul Metropolitan Government, foreign direct investment (FDI) poured into Seoul, South Korea, reached $6 billion in 2013, an all-time high since the global financial crisis hit in 2008.
ValueAct Holdings President Mason Morfit plans to influence Microsoft on how it sells Windows, the operating system that is behind most of the software giant's products, Bloomberg reported.
What has happened to the Facebook founders a decade after establishing Facebook? An AFP report shows what Mark Zuckerberg, Chris Hughes, Eduardo Saverin, Dustin Moskovitz and Sean Parker are up to.
Facebook is looking to steal the "second screen" crown from Twitter as the two social giant networks scramble to offer the best coverage of the National Football League (NFL) teams' clashes in the Super Bowl XLVIII.
ThisClicks, a mobile technology firm that has developed an employee scheduling software, has secured venture capital funding of $4 million from Arthur Ventures, Greycroft and e.ventures, StarTribune reported.
Private equity investment manager Militello Capital has made an undisclosed investment in enterprise resource planning for eCommerce Management Software SalesWarp that holds headquarters in Baltimore, Maryland.
Rain Rannu, the Founder and Chief Executive Officer of Fortumo, said in his guest post at VentureBeat that more Android app users would pay if local payment options and not just credit cards would be offered.
