Media reports of Facebook becoming "uncool" for teens was not true. There were media reports saying that teens were deserting Facebook. Teens were Facebook's very first market.
Deals
Dicerna Pharma closes US $60 mln in series C financing
Biopharmaceutical company Dicerna Pharma acquires US $60 million funding after the close of its third round financing.
Vodafone merges European units into one
Vodafone announced a reorganization of its European regional units in October. British multinational telecommunications company Vodafone Group announced that a reorganization is in the works.
Fruit desserts maker Charles & Alice gets Equistone Partners, CM-CIC Capital Finance backing
Charles & Alice Group received the support of Equistone Partners Europe and CM-CIC Capital Finance to grow their fruit dessert business.
Battle of the app stores: Google Play wins, for now
In the battle of the app stores, Google Play won for Q2 2013. In the battle of the app stores, Google Play beats iOS App Store, for now. Here are details of the quarter 2 of 2013 round, according to App Annie Index: In terms of app downloads, Google Play wins.
Latest News
SIPX Inc raised USD 4 million in its Series B funding round led by Mohr Davidow Ventures. In an oversubscribed Series B funding round led by Mohr Davidow Ventures, SIPX Inc raised USD 4 million for its growth plans.
Insurer Generali CEO Mario Greco said the company still wants to sell BSI but only if the price is right.
Google's app strategy to beat Apple seemed to be working now and held potential to stll work in the long-term.
Greek gaming provider, Intralot said that they will set up a EUR300 million bond sale to refinance loans and outstanding debt.
China's PMI showed growth in July, offering hope that the country's economy is recovering.
American International Group Inc is looking to pursue an IPO for its subsidiary unit after the sale to a Chinese group stalled.
Goldman Sachs Group Inc. recommended India to reduce stock holdings after its recorded investors exit in July, resulting to a cut on India's shares rating.
Princess Diana's tragic love affair with Hasnat Khan will be detailed in the upcoming September 2013 issue of Vanity Fair.
Trimax IT Infrastructure & Services Ltd announced that it had filed its official IPO documents with the Securities and Exchange Board of India.
