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Tech Mahindra may buy minority stake in Indian social media analytics firm Simplify360

Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.


Tokyo District Court extends deadline for Mt. Gox investigation

The Tokyo District Court has extended the deadline of the investigation on the reason behind the failure of Tokyo-based Mt. Gox to May 9, Reuters reported.

Malta-based cable firm Go agrees to purchase stake in Cablenet for €12M

Marsa, Malta-based telephone and cable television services provider Go PLC agreed to purchase a 25% stake in Nicosia, Cyprus-based firm Cablenet Communications Systems Ltd for €12 million in convertible loan.

Hackers target news organizations

Journalists and news organizations are being targeted by hackers who are working for or supporting a government, according to two Google security engineers, Reuters reported.


Latest News

5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
Vernalis is pleased to announce the achievement of the first milestone in its research collaboration with Asahi Kasei Pharma (AKP).
WestPark Capital, a Los Angeles based Investment banking firm, announced today it has opened a New York City office and hired two Managing Directors, Brandon Ross and Jonathan Blum.
The Teenage Mutant Ninja Turtles movie has released a short trailer of the movie to be shown in the US on May 16, reported TIME.
Microsoft Office has launched Office for iPad today in San Francisco after long waits of the app to be available, reported The Verge.
According to Japanese business paper Nikkei, iPhone 6 would be launched in September with a bigger screen and significantly higher resolution.
Jennifer Lopez accidentally dropped the F-bomb on American Idol last Wednesday while demonstrating a "hair flip" to contestant Jena Irene, reported EOnline.
Split, the anti-social app that helps people avoid potentially awkward encounters has raised $1 million for its seed round from well-known private investors, a statement about the funding said.
CapMan Buyout X fund has agreed to buy a majority stake in sauna business Harvia Oy, a statement about the funding said. Financial terms of the deal were not disclosed.