VENTURE CAPITAL POST

A second data center in Amsterdam was launched by software Design Description (SDD)-only web hosting and cloud infrastructure provider DigitalOcean as part of its strategy to meet customer demand in cloud services.

Tech news site TechCrunch believes that Yahoo Inc's acquisition of natural language processing technology builder SkyPhrase is to improve its content delivery to its mobile audience.

Wipro Ltd announced today in a statement that it is set to acquire Opus Capital Markets Consultants LLC, a US-based mortgage services provider in order to expand its offerings to its financial services clients.

Dow Chemical revealed its plans today to divest its USD5 billion worth of assets, which was way more than the range chief executive Andrew Liveris initially declared in October.

An article on Forbes detailed how e-commerce giant Amazon manages to dominate the market despite embarking on new ventures like its plans for 30-minute delivery services via aerial drone as revealed on the eve of Cyber Monday.

After more than two years since it filed for bankruptcy due to lack of cash and halting production, Swedish car automaker Saab AB via its parent company National Electric Vehicle Sweden (NEV) AB started making cars today.

Apple Insider points out how the tech giant fared less than expected in light of analysts' predictions last year that it would hit a thousand per share.

Monday's announcement of executive promotions at Samsung Group stood out when the Group announced Samsung Chairman Lee Kun-hee's daughter, Seo-hyun, as a division president at holding company Samsung Everland Inc.

Unilever attributes its declining sales to the slowdown in emerging markets, and Chief Executive Officer Paul Polman urges countries in these markets to create structured economic policies real soon.

Norwegian bank DNB ASA through its Chief Executive Officer Rune Bjerke rejected predictions on the country's housing market, saying that the claims were unfounded.

Switzerland bank UBS AG launched its EUR1.75 billion or USD2.4 billion bond buyback program, which will be applicable to subordinate and senior unsecured bonds in several European currencies.

Data gathered by the US Federal Reserve showed a decline of over USD80 billion in nanks' holdings in federal agency bonds and Treasuries, marking its first annual decline since 2007.

Thanks to the decline in deals in Greater China, demand and pay for Southeast Asian investment bankers as deal makers had seen an increase, according Thomson Reuters data.

Investors seemed not receptive to the Chinese government's announcement to resume the initial public offerings by the first month of next year.

A report by Agence France-Presse (AFP)recounted the difficulties of curbing the links between corporate Japan and the yakuza, and how some of the country's major banks adopted a laissez-faire compliance in eradicating mob ties.