As opposed to the move that other countries are taking, the British government is planning to ditch the tax levied on Bitcoin trading, but the cryptocurrency will still be subjected to corporation and other taxes.
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HgCapital makes undisclosed majority investment in Ullink
France-based electronic trading applications provider Ullink has received a majority investment from Europe-focused private equity firm HgCapital. Financial details were not disclosed in the statement about the funding.
China launches new government-run search site again
The launching of ChinaSo, reportedly being run by Xinhua's vice president, represents another attempt by the Chinese government to have its own state-run search engine, TechCrunch reported.
Irish drug firm Perrigo picks up Aspen Global products in $51M cash deal
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.
Scottish tech firm Dukosi secures £320,000 from Par Equity venture capital and Scottish Investment Bank
Dukosi, the Scottish technology firm that developed the Electric Vehicle Optimization Integrated Circuit, secured £320,000 to help finance the commercial roll out of its smart chip geared towards electric vehicles, the Herald Scotland reported.
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XLMedia, the digital media firm that brings traffic for online gaming sites, intends to secure $40 million in a London stock market flotation, the Financial Times reported.
San Antonio, US-based early-stage investment fund Geekdom Fund invested $25,000 each in startups Nebula Technologies, Lightphile, and Remote Garage, which are headquartered in Geekdom's co-working space.
London-based DueDil obtained $17 million in its Series B financing round led by previous backer Oak Investment Partners and joined in by Notion Capital and Passion Capital, TechCrunch reported.
Berlin-based recruiting software startup softgarden merged with job ad media planning service 1000jobboersen.de for an undisclosed amount to form a giant Recruiting-as-a-Service provider called softgarden E-Recruiting.
Mt. Gox has posted a new statement which shed more light on the company's financial situation and validated the contents of a document leaked earlier, TechCrunch reported.
Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.
London, UK-based marketing solutions provider St Ives Group completed the purchase of digital marketing firm Realise Holdings Ltd in a deal valued at £21.7 million to enhance its product offerings.
The whole world kept a close watch for this year’s Academy Award winners and a lot of unfamiliar names and surprise winners came home with an Oscar.
GE Ventures and Northgate Capital joined existing investors in the Series E funding round extension of RainDance Technologies Inc which raised $16.5 million, a statement about the funding said.
