Plain Vanilla Games, maker of iPhone trivia matchup game app QuizUp, raised $22 million in Series B funding from investors led by Sequoia Capital Partners.
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Taiwan's The News Lens to reshape local journalism with angel funding and media veteran backing
The News Lens founder and chief executive Joey Chung said the new angel funding and the inclusion of media veterans Marcus Brauchli and Sasa Vucinic into the company fold will help the startup solidify its reputation as a trusted news source in Taiwan.
Upcoming Monte Paschi meeting spurs tension on cash call
The intention of Monte dei Paschi di Siena's largest shareholder to postpone the planned cash call until the middle of next year has irked Profumo and chief executive officer Fabrizio Viola.
Rosneft not eyeing any more acquisitions, will focus on Morgan Stanley unit merger instead
Russian oil producer Rosneft said on Friday that it does not have any plans to make strategic acquisitions after agreeing to acquire Morgan Stanley's oil trading unit last week.
BofA's legal costs rise because of Countrywide deal- report
The Los Angeles Times reported that the legal costs of Bank of America could continue to rise, mostly due to its ill-fated acquisition of Countrywide Financial Corp in 2008.
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Mizuho Financial Group Inc will be seeing its chairman, Takashi Tsukamoto, leaving its post after its lending unit received penalties the second time within a three-month period due to loans it extended to crime groups.
Private equity company KKR & Co LP said on Tuesday it had raised a $1.5 billion real estate fund, its first dedicated investment pool for the asset class, which is rebounding in the United States amid a modest economic recovery.
Hedge fund Elliott International, which owns a 25.16% stake in Celesio, said that reports suggesting it will accept McKesson Corporation's $8.3 billion bid for the German drugs wholesaler are incorrect. Elliott had irrevocably rejected McKesson's offer, saying that it undervalues Celesio.
During the financial crisis when the deal markets were quiet, banks parted ways with their senior investment bankers. Now that business has slowly revived, lenders are seeing that they are left with junior bankers that are a little wet behind the ears.
Members of Boeing Co.'s union, the International Association of Machinists and Aerospace Workers, plan to vote on a contract related to the production of the 777X on January 3. The said contract will ensure that the jetliners will be assembled in unionized facilities in Washington.
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of $150 per share.
For hedge funds that made money this year there was only one strategy that really mattered - latching onto the stockmarket rally.
Investors have received billions of euros from European companies so cautious about the economic outlook they could find nothing better to do with spare cash, but many now want boards to snap up rivals instead - and are rewarding them when they do.
International hedge funds are increasingly targetting troubled firms in Australia, from cotton or macadamia farms to cattle stations and vineyards, expecting a nascent distressed debt market to generate double-digit returns.
