Not gaining enough support, Oracle threatens to end NetSuite deal. Oracle has threatened to pull out $8. 8bn bid for cloud software with company NetSuite due to lacking support for the latter to pursue.
Funding
Ventureast New Fund Marks First Closing
The Ventureast Proactive Fund II sucessfully made it for it had its first closing. It is now planning to extend their services to different sectors. The existing investors as well as new investors are excited to support and invest for its new start-ups.
Aetna Opens Up to Fund Apple Watches
Aetna is working on writing apps that can be used on iPhones, iPads and Apple Watches that will encourage its customers to take their medications, seek support groups for their diagnoses, or pay their premiums via Apple Wallet.
Top 3 Invesco Mutual Funds
There are to three mutual funds that Invesco offered to investors. Invesco explained each of the features and highlighted its uniquely quality compared to other mutual funds.
Hedge Fund Platinum Partners Owes BackFraction of Firm Ownerships
Hedge Fund Platinum Partners requested to pull their money from the firm. Bernard Fuchs pulled some of his money for charitable donations. Though he insisted some of the investors to stay put, investors were alarmed and would like to do the same since the firm was under federal investigations.
Latest News
Sigmar Gabriel, the economy minister of Germany urged the government to put up more investments. He stressed out that there should be more schools to be put up, infrastructures such as road as well as in education. In his speech he asked to push more welfare handouts of the solid public finances.
Despite overwhelming profits from gold this year, gold managers suggest caution to possible risks of deficit.
The NBA players cast their votes for the benefit of the retirees. It was a unanimous vote. They are hopeful that taking this step will help in the future for NBA players careers mostly end after serving four years.
The Therapeutic Goods Administration (TGA) of Australia seeks suggestions after it announced its plan to adopt new EMA guidelines. Said guidelines include clinical development of drugs against Duchenne Muscular Dystrophy (DMD). TGA will accept comments until 9 November.
For the first time need to withdraw cash sovereign wealth fund as western Europe's bigget oil exporter.
Compound-the newly named firm which stage a $50M is under the umbrella of Metamorphic Ventures. The fund is allocated for the startups of the different areas like adtech, healthcare and etc.
In Columbia, the president and the farc laeder signed a deal. But the result of the vote shocked the president because it revealed that many opposed to the said agreement.
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.
Dymon Asia Ventures is the newly born capital arm of Singapore-based, Dymon Asia Capital, has spring the process to raise a $50-million debut fund, and is solely dedicated to Fintech Space, DEALSTREETASIA has acquired.
