Symantec, the antivirus software maker, has axed Chief Executive Officer Steve Bennett as senior managers left the firm now grappling with falling revenues in the hot cyber security market, the Financial Times reported.
Archives
New York brand advocacy startup Crowdtap picks up $5M in Series B funding
New York, US-based brand advocacy startup Crowdtap picked up $5 million in a Series B funding round led by Foundry Group to continue inspiring its customers to create quality promotional content on blogs and social media sites.
Mail.ru boosts stake in Russian social network Vkontakte.ru
Internet company Mail.ru signed an agreement to buy the 12% stake of Ivan Tavrin in Russian social network VKontakte.com for an undisclosed amount to bring its total holding to 52%.
San Francisco's Metabiota pockets $2.38M in venture round to monitor viral diseases
San Francisco, US-based health tech firm Metabiota pocketed $2.38 million in a venture round to monitor emerging threats of viral diseases around the world using big data analysis.
Procured Health secures $4M in Series A round
Procured Health, the startup that seeks to provide transparency to the pricing of medical devices, has received $4 million from FCA Venture Partners for its Series A funding round, VentureBeat reported.
Latest News
American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.
Citing sources, The Wall Street Journal reported that Singapore state investment firm Temasek Holdings was in advanced discussions for a "strategic" stake acquisition of Li ka-shing's health and beauty retailer Watson.
Brisbane, Australia-based diversified alternative asset manager Blue Sky Alternative Investments entered a deal to purchase Adelaide-based hedge fund Investment Science Asset Management for an undisclosed amount.
A survey done by AsiaHedge showed that Asian hedge funds were able to add assets of nearly $20 billion in 2013, representing a strong performance after three years, Reuters reported.
Paul Walker's mother contest guardianship over the late actor's daughter Meadow Rain, asking the court to grant her legal guardianship on the minor.
Photos of women without any make-up on went viral on social media platforms, supporting the campaign against cancer and getting thousands of donations for Irish Cancer Society.
Malbec wine and bacon-wrapped dates are the newest addition to Starbucks' menu were expected to boost sales and stoke on the company's US growth.
Granada, Spain-based gifting startup Giftri mines web consumers' Facebook data, including Likes and Interests, to come up with personalized gift recommendations that gift-senders can buy from Amazon.
A development on the case of the missing flight MH370 has been reported today saying debris was found floating near a remote area in the southern Indian Ocean.
