A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S. regulatory filing on Friday.
Deals
Hallspot reaches $1 million in third round of seed funding
Hallspot, a social network and mobile application aimed at establishing connections between college students and businesses, recently reached a million dollars in its third round of funding, according to the company.
Start-up behind 'dunkable' phone technology explores Asian IPO
P2i, a technology spin-off from Britain's Ministry of Defence, is looking to raise as much as 10 million pounds ($17 million) from Singapore investors as it readies the launch of its "Dunkable" or waterproof technology for smartphones and tablets.
Why Swell Acquisition for $30M is Beneficial to Apple?
Following Apple’s acquisition of Beats, the tech giant now turns to another possible iTunes enhancer – Swell. The tech world is buzzing with predictions and suppositions that this deal may be the "Pandora's box of talk radio."
Yahoo to buy analytics startup Flurry to bolster mobile ad business
Yahoo Inc (YHOO.O) will buy mobile analytics startup Flurry to beef up a fast-growing mobile advertisingbusiness that still lags Google Inc's (GOOG.O) and FacebookInc's (FB.O) in scale.
Latest News
Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.
Searchtech Ventures Inc., is pleased to announce that it has completed its initial public offering today of 6,847,000 common shares at a purchase price of $0.10 per Common Share by way of a prospectus for gross proceeds of $684,700.
U.S. agribusiness Archer Daniels Midland (ADM) (ADM.N) has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros ($3 billion) to enter the flavouring and the health-conscious food sectors.
Orbotech (ORBK.O) has agreed to acquire SPTS Technologies Group, a United Kingdom-based manufacturer of equipment for the microelectronics industry, from European private equity firm Bridgepoint and others for $370 million in cash.
Airbus Group NV's (AIR.PA) helicopter division sealed a deal on Monday to sell 123 helicopters to Chinese companies during German Chancellor Angela Merkel's China visit.
The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where the U.S. search engine does not dominate.
Fiber network company Zayo Group Holdings Inc filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering with Barclays and Goldman Sachs as lead underwriters.
Following its $8.9 million Series B capital raise in March, Okyanos Heart Institute is rapidly approaching the day when it will be able to treat the first heart patient using autologous adipose derived regenerative cells (ADRCs) in the Bahamas. Adipose, or fat, is the richest source of regenerative cells in the body and the term "autologous" simply means that the cells are derived from the same patient undergoing the cell therapy treatment.
Toilet paper and tampon maker Asaleo Care Ltd will raise A$656 million ($616.6 million) in Australia's second-largest initial public offering (IPO) of the year after pricing its offer near the middle of an indicative range, two people familiar with the matter said on Tuesday.
