In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.

Lund, Sweden-based biometric identification startup Quixter designed a vein scanning device that lets retail customers complete payment transactions by swiping their hands instead of credit cards.

Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.

A German newspaper reported that furniture and household appliances magnate Steinhoff would debut on Frankfurt, Germany through an IPO later this year.

Startup Lifesum has taken in investment from Bauer Media Group and SparkLabs Global Ventures valued USD6.7 million, reported Bloomberg.

Just days after he was forced to lift the ban he enforced on Twitter, Turkey Prime Minister accused the social media network of tax evasion, and implied that YouTube and Facebook might be violating the country's laws as well.

Amsterdam, Netherlands-based business services provider TMF Group acquired Jakarta, Indonesia-based payroll and HR administration services provider PT Tass Axia Solusi for an undisclosed amount to expand its client base.

Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.

London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.

Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.