Venture Capital

Verizon To Buy Alltel Wireless, Creating Largest Cellular Company In U.S.

Verizon Asks $1B Discount On Yahoo

Verizon was now pushing Yahoo for a $1 Billion off on its pending agreement.

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Venture Capital Investment in China Surged Amidst Global Slowdown

Investments in Chinese tech companies had a 50% surge in the first quarter of 2016. Nevertheless, many of the investments were spent in the big startups.

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Hero Indian Open - Day Four

Venture capital inflows into Indian Start-ups drop by 35%

Start-ups in India have faced a sharp decline in venture capital investments during the first quarter of 2016. According to investors, this drawback appears to be a "new normal" since it shadows a series of funding turmoil in the past two years.

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Visitors Attend The EXG Gaming Conference

Forge Has Raised $4.5 Million in Seed Funds for Video Games Connectivity

Forge Inc. received a total of $4.5 million in seed fund rounded by Resolute Ventures, True Ventures and WME Ventures. The venture capitalist funded the platform for PC gamers to have no difficulty in sharing short video clips of their favorite games. The Forge app is free to download and is only available on PC.

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Online Money

Venture Capital Funding for Fintech Startup Reached $13.8 Billion in 2015

Global venture capital funding for financial technology companies hit $13.8 billion last year. The number is a double from previous year, indicating a serious impact of fintech to the financial services.

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Report Claims 20 Percent Of US's Energy Could Come From Wind Power

Statoil's venture capital fund makes its first investment in wind energy sector

Statoil Energy Ventures announced its first investment worth at about US$3 million in United Wind. The fund plans a total investment of $200 million in wind energy over a period of 4 to 7 years.

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Aerial Views Of The Bay Area As The City Seeks Break From Rising Rents

Roofstock Raised $13.25 Million, Inaugurates Rentals Marketplace

Roofstock gets Series A funding of $13.25 million led by Bain Capital Ventures. The funds will be used in an online marketplace and will be launched on Thursday in Florida.

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The Third Day Of The Mobile World Congress

Cisco Acquired Leaba Semiconductor For Less Than $400 Million

Cisco has acquired Leaba Semiconductor, an Israeli company for less than $400 million. The acquired company provides new ideas and solutions for important infrastructure difficulties. It focuses on the product design, development and marketing and develop affinity with silicon wafer manufacturers.

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Prime Minister Of India Visits The UK

Indian tech start-ups seek investment from China

The technology start-ups in India are looking for investments from Chinese companies like Cheetah Mobile. The booming Indian technology sector is attracting many tech companies in China to invest in these Indian techs start-up firms.

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Telstra Cuts Over 600 Australian Jobs And Outsources To Asia

Mobile phone firm Telstra supports external funds to invest in Asia

Telstra is backing up external venture capital funds to seek investments in Asia. The company is focusing more on technology investment in Asia as it experiences a drop in the viability of internet services and phone calls.

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TechCrunch 9th Annual Crunchies Awards

Modo Payments raises $2 million in funding round

Dallas-based Modo Payments has raised $2 million in a funding round headed by Tim Keith. The company will use the money from funds to widen its payment services buisness.

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Campbell Soup Co. Rises as 4th Quarter Profit Tops Estimates

Campbell Soup starts $125M Venture Capital Fund

Campbell Soup announced its latest venture of $125 million venture capital fund, to be independently managed by the startup Acre Ventures GP, LLC. The company is evidently sticking by its claim to boost the food industry by supporting the new startups and trends.

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Prime Minister Narendra Modi Launches Start-Up India Scheme

India's Startup World Is Like That of China, Gaining More Investment When China Is Slowing Down

There are similarities between the India's startup world with China's startup. It can be seen from the kinds of startups that are developing right now, and also the fund size raised from the investors.

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AWXII - Day 4

Xignite raises $20 million in Series C Funding

Xignite said that it has raised 20.5 million US dollar in Series C Funding. The company will utilize the capital from the fund to gauge its marketing and sales efforts as well as to widen its product portfolio.

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Film Independent At LACMA Special Screening And Q&A Of 'Hail Ceasar!'

Wiper, alternative messaging app for costly movies

Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watch thousands of original short and long, inexpensive indie films that can be compared to expensive Hollywood movies.

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