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Norwest Venture Partners Closes $1.2 Billion Fund

Norwest Venture Partners (NVP), a global, multi-stage venture and growth equity investment firm, today announced the formation of its latest fund, Norwest Venture Partners XII, LP. The $1.2B fund targets early to late stage venture and growth equity investments across a wide range of sectors.


Top 5 iOS Applications

Apple’s iOS has had a lion share of users throughout the years. With the operating system gaining an ecosystem of its own, there have also been countless applications developed in the name of it. Here are some top iOS applications that people can try:

BlackBerry aims to reverse emerging market slump with budget handset

BlackBerry Ltd launched a low-cost touchscreen device in Jakarta, the Z3, as the embattled smartphone maker looks to revive sales in emerging markets like Indonesia where its once-fervent following has shriveled.

Facebook says it may open sales office in China

Facebook Inc said it may consider opening a sales office in China to provide more support to local advertisers who use the website to reach customers overseas.


Latest News

Marks & Spencer Plc is making a new push to expand abroad, hoping e-commerce will give Britain's biggest clothing retailer a better chance to succeed than earlier attempts to enter new markets.
Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
Apple will reportedly release two versions of the iPhone 6 this coming August and September. One version will feature a 4.7-inch screen while the other will feature a 5.5-inch screen. Despite reports about the releases this August and September respectively, there are still those who doubt if the tech giant will go for a month early release. According to recent information, Apple may still stick with its timeline debunking the August release. When will the two iPhone hits stores?
Samsung Galaxy S3 users particularly those with i9300 will not get the official Android 4.4.2 KitKat firmware. Samsung announced that the international model for Samsung Galaxy S3 will not receive the OTA. Fortunately for those who still want to update, they can use a custom ROM to experience the Android 4.4.2 software.
Throughout the years, tablet prices have gone down especially since the entry of more low-cost products. In the same way, overall satisfaction has also declined. Nonetheless, according to the results of J.D. Power 2014 U.S. Tablet Satisfaction StudySM—Volume 1, Apple remains superior against other leading tablet manufacturers. The iPad series remains on top against competitors like Samsung, Amazon and Asus.
Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.
American billionaire Ronald Lauder through Pan African Investment Company (PIC) funds an undisclosed amount in convertible debt to Kenyan car manufacturing startup Mobius to produce Africa's cheapest car.
We've been examining secondary market demand for certain private equity and venture capital funds - so far we've explored the most sought after U.S. buyout funds and venture capital funds.
Six months ago the U.S. oil industry scored a surprise win against farm groups when the Obama administration proposed slashing the amount of ethanol refiners must blend into gasoline, a move that could save them billions of dollars.
Chase Pharmaceuticals Corporation raises $21 million in a Series B financing round led by New Rhein Healthcare Investors, LLC.