Institutional, strategic and private investors backed Finland-based gaming startup Next Games with $6 million in its latest funding round. The firm intends to roll out the mobile game version of "The Walking Dead" globally, VentureBeat reported.
Europe
Kaspersky Lab research says Agent.BTZ virus infected at least 400,000 computers in Russia and Europe in 2008
Kaspersky Lab published new research that the old worm known as Agent.BTZ infected at least 400,000 computers in Russia and Europe after breaching the Central Command of the US military, Reuters reported.
Google grants “super flagger” powers to British security officials for YouTube
Google gave the Home Office in the UK "super flagger" access to YouTube, allowing them to screen content that they feel are a national security threat, the Financial Times reported.
King Digital Entertainment says worth to reach $7.6B after it goes public
King Digital Entertainment, the British developer of the widely-active game Candy Crush Saga, could be valued up to $7.6 billion after it holds its initial public offering, AFP reported.
Money transfer startup Azimo secures $10M in Series A funding round
UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.
Latest News
Robocoin, the Bitcoin ATM manufacturer that first launched its crypto-currency machine in Canada, will be shipping more Bitcoin ATMs this month in other worldwide locations, TechCrunch reported.
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
UK Prime Minister David Cameron has committed more funds to finance research in the field of Internet of things and a grant for startups focused on the space, VentureBeat reported.
It could take the French competition authority nine months to evaluate the possible takeover of Vivendi's SFR by Bouygues or Numericable for antitrust issues, Reuters reported.
LA Fitness Group will be selling 33 of its 80 gyms in the UK and Ireland as part of debt-reduction strategy. It had also signed company voluntary arrangements to help reduce its rent, Bloomberg reported.
Venture capitalists are putting their support on travel tech startups that seek to enhance the travel experience of consumers even with the popularity of travel booking platforms, TechCrunch reported.
San Francisco, US-based application lifecycle management (ALM) solutions provider Polarion Software Inc nabbed $10 million in a Series A funding round from Munich, Germany-based investment firm Siemens Venture Capital.
The loan-based crowdfuning sector of the UK will be subject to stricter regulations by the UK's Financial Conduct Authority to safeguard the interests of investors and make it more transparent, the Yorkshire Post reported.
