Up with its never ending pursuit to expand and be in with modern business potentials, and this time it is with Uber.
U.S. stocks rise its gain. It leap up so high and while other stocks plungeto the lowest blow. Apple takes over Samsung, as it suffers from production for the replacement of the recalled unit. Other firms are enjoying its net as it rise up to a certain degree.
AimCo's CEO is pleased to announce their partnership with Journey Energy Inc. Journey released 4.95 million investment. AimCo was so happy that it has victoriously enterted a strategic financing firm with Journey.
Verizon was now pushing Yahoo for a $1 Billion off on its pending agreement.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.