Deals
A one day-old startup may sell for USD1 billion in the near future- TheNextWeb founder
TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.
Flipkart, India's Amazon, raises additional USD160 million in funding
Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.
Microsoft-Nokia consolidation not appealing to app makers
Microsoft Corp, fresh from its buyout agreement with Nokia Oyj, would need to convince app makers to partner with them in order to regain market share in the smartphone market.
Koch Bros forays into power market with Texas plant purchase
Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.




