Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.
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Peugeot looks into Dongfeng joint venture expansion
France's PSA Peugeot Citroen is looking into various ways of expanding its partnership with Chinese state-run car manufacturer Dongfeng Motor Corporation.
Virgin Galactic now accepts Bitcoin as payment into space
A Hawaiian stewardess made history on Friday by becoming the first person in history to purchase a USD 250,000 Virgin Galactic ticket by using Bitcoin. Virgin Galactic CEO, Sir Richard Branson has announced during an interview with CNBC.
Aurora Capital Group completes acquisition of National Technical Systems
Aurora Capital Group has completed its previously-announced acquisition of National Technical Systems. The cash acquisition priced at USD 23 per share was at a 39% premium to the closing price of NTS on August 15.
Plastic cards continue to drive world away from true mobile payments
Brian Fung, in his report which appeared on The Switch at The Washington Post, said the world is moving away from true mobile payments as evidenced by the presence of plastic card offerings from various companies.
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Florida-based AssuredPartners closed its acquisition of Stoutamire-Pavlik & Associates Inc, an independent insurer located in Monticello Florida. No financial details were given about the deal.
We've been bullish about the opportunities in Bitcoin for a while and are excited to be able to announce that, together with our partners in China at Lightspeed China Partners, we are investors in BTC China.
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
eMedia Networks International Corporation today announced a proposal by Jasvir Athwal, Darren Reiter and David Mears, all directors and officers of the Company, for the Company to go private.
A&B Properties, Inc. announced today that it has agreed to sell Maui Mall to a partnership of Denver-based Alberta Development Partners and an affiliate of Chicago-based Walton Street Capital, LLC.
My Little Paris, a French subscription service a city guide has been acquired this week by Aufeminin. Multiple sources indicate that the transaction was valued at USD 90 million (EU 66.7 million).
Niche, a startup that helps connects brands with social media celebrities has announced that it has successfully raised USD 550k in funding and at the same time, have finally opened their website to the public.
Skip Hop, founded 10 years ago by Ellen and Michael Diamant, makers of children's gears, sell its majority stake to a private equity firm, Fireman Capital Partners.
Bancbox crowdfunding API announces that it has already processed USD 4 million in transactions within its 18 crowd investing platforms. It is a payment gateway similar to Stripe that allows developers to build a whole new set of payment services.
