VENTURE CAPITAL POST

Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.

After the collapse of Bitcoin exchange, the government of Japan decided not to regulate Bitcoin transactions because they do not consider it a currency, but a commodity that will be subject to sales tax.

Sean Parker, the first president of Facebok, broke off from California, US-based venture capital firm Founders Fund as a partner to devote more his time to his new projects.

Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.

San Francisco, US-based startup SeeSpace launched a $100,000 crowdfunding campaign via Kickstarter for InAIR, its new product that combines Internet and second screen functions.

A team of researchers from Daejeon, South Korea-based public research university Korea Advanced Institute of Science and Technology (KAIST) led by Professor Yoo Hoi-Jun have developed a head-mounted display (HMD) which is 30 times faster than Google Glass.

Oregon, US-based electric motorcycle manufacturer Brammo Inc landed $9.5 million in an on-going Series D funding round from Terracap Ventures and Aviva Investors amid efforts to cut cost and increase profitability.

Basketball superstar Shaquille O'Neal launched a $450,000 crowdfunding campaign via Indiegogo to redeem himself in the gaming arena and create a follow-up of the Shaq Fu video game which was released in 1994 and was heavily criticized for being a big flop.

New York, US-based matchmaking startup The Dating Ring has launched a $10,000 crowdfunding campaign on Crowdtilt to fly single women to San Francisco and single men to New York for a cross-country date.

The Alfred Mann Foundation (AMF) launched Minnesota-based medical device startup Medallion Therapeutics to develop implantable infusion pumps that will administer drugs to patients with diabetes and neurodegenerative disease.

River Grove, Illinois-based educational firm Follett Corp invested an undisclosed amount in Santa Clara, California-based software startup ShowEvidence through its venture fund Follett Knowledge Fund.

Dublin, Ireland-based social media analytics startup Eagle Alpha bagged $1.5 million (€1.1 million) in angel funding from former investment banker Emmett Kilduff to develop its product offering and beef up its salesforce.

Sony Computer Entertainment America (SCEA) honcho Jack Tretton is stepping down as the head of the US PlayStation division as part of an agreement with SCEA not to renew his contract.

Sydney, Australia-based music streaming firm Spotify snapped up Somerville, US-based music discovery engine The Echo Nest for an undisclosed amount to create an improved music discovery service for its clients.

We are talking blue skies on a cloudless day for sound- it is whistleblowing clear.