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JX Nippon Oil & Energy Corporation opens office in African region

JX Nippon Oil & Energy Corporation has opened an office in Johannesburg, South Africa that could indicate possible company expansion as the former looks to collaborate with exploration and retail firms.


Tesla hiring workers for second California facility

Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.

US-based gameplay-recording startup Kamcord raises $7.1M to conquer Asia

New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.

Google Glass Release Date Coming, Parts Priced Below $80

Google has always made sure that its products remain affordable despite premium features. The company has been successful with its Nexus 7 program. The devices offered premium components and functionality without raising the price tag. It appears the internet giant wants to replicate that success with its upcoming Google Glass. According to the Wall Street Journal, parts of the upcoming wearable device cost less than $80. Can Google pull off a good glass bargain?


Latest News

New York City, US-based online legal staffing startup Hire an Esquire closed $350,000 in its seed funding round from investors 37 Angels, 645 Ventures, and Ulu Ventures to expand its client base.
New York, US-based web performance monitoring firm Catchpoint Systems will be foraying into China and Russia, based on the pathway provided by their clients, indicating that Asia Pacific and Russia are the emerging markets in the industry.
Unified has acquired Awe.sm without disclosing the financial terms of the deal while the latter has received $5.3 million from Upfront Ventures, Foundry Group and other investors.
Halo Neuroscience has taken in $1.5 million funding led by Marc Andreessen and Jeff Clavier to be used to address issues on safety to the Food and Drug Administration to help obtain product approval.
Mkobo Privet Equity Fund, Tanzania's first ever PE firm, was launched in the country to advance economic growth whereas locals were also urged to invest more in the fund.
Waggl, a San Francisco based startup launched in February from a spin-off from Fort Hill Company offering messaging and business polling, has raised $1.1 million seed funding round.
The United States remains one of the biggest markets for smartphone manufacturers. As more competitors come into the fold without fast turnaround from users, it has been a challenge for Apple to earn more profits and maintain market position. While the company may prefer users to change their devices more frequently, it has not been an easy task. Smartphones in the United States follow a two-year upgrade cycle giving the company $300 earnings.
Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.
E-commerce website Farfetch.com has received $66 million Series D investment led by Vitruvian, Conde Nast International, Richard Chen from Ceyuan and Advent Ventures.
Madison, US-based weather forecasting and analytics startup Understory bagged $1.9 million in a seed funding round led by True Ventures to build software and a forecasting model that will be able to generate weather data through ground-level observation.