New Mexico, US-based app design and development startup ByteWare Apps launched Superflat, its first iPad gaming app, which is a supplement to the construction-based computer game Minecraft.
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DeNA invests in South Korean couple chat app Between
Japanese gaming platform and web services provider DeNA invested an undisclosed amount in Between, a chat app for couples created by South Korean firm VCNC, to help the app become an open platform.
iSocket secures $5M in new funding round led by Time Warner Investments
iSocket, a San Francisco, California-based direct ad sales platform, was able to secure $5 million in its recent round of financing, led by Time Warner Investments, TechCrunch reported.
New York travel company Rocketrip bags $2.6M in Series A funding
New York, US-based travel management firm Rocketrip bagged $2.6 million in a Series A funding round led by Canaan Partners to accelerate its product development and to beef up its sales and customer services.
Former executive editor Bill Keller to leave New York Times for news startup
New York Times columnist and former executive editor Bill Keller will be leaving the American media firm to become the editor-in-chief of nonprofit news startup The Marshall Project on March 1.
Latest News
David Errington, an analyst at Bank of America Merrill Lynch, said companies would do well if they focused on investing in their core business instead of acquiring other companies in their quest for growth, The Australian reported.
Facebook's Mark Zuckerberg and his wife Priscilla Chan were the most generous American philanthropists in 2013 according to the Chronicle of Philanthropy, the Associated Press reported.
Minnesota, US-based food processing firm Cargill purchased the Leonardo olive oil brand from New Delhi, India-based premium wellness food provider Dalmia Continental for an estimated price of INR100 crore.
Massachusetts, US-based enterprise solutions software provider quadrant Software bought Chicago-based Business Computer Design (BCD) Int'l and its British Columbia, Canada-based business partner ExcelSystems Software Development Inc (ESDI) for an undisclosed sum.
Leland Lim, a former partner at Goldman Sachs Group Inc, is planning to form his own hedge fund, according to sources with knowledge of the situation interviewed by Bloomberg.
Thailand-based online entertainment firm Asiasoft Corporation Public Company Ltd is buying out the entire 30% stake of Philippine-based online game publisher IP E-Game in Level-Up to gain a 70% controlling stake in the latter.
The number of campaigns waged by activist investors to compel companies to pay more expensive prices for takeover targets has increased, the Financial Times reported.
Sydney, Australia-based precious and base metals explorer Robust Resources will raise A$25.5 million via share issue to fund the acquisition of the Talas gold-copper project located in the Kyrgyz Republic.
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
