Games/Entertainment

TinyCo lands USD20 million in funding for game development

San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.

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Hedge funds tune into Pandora, discard Apple in Q3

Hedge funds including Philippe Laffont's Coatue Management and Patrick McCormack's Tiger Consumer Management both opened stakes in Pandora of about 1.1 million and 2.9 million shares, respectively, U.S Securities and Exchange Commission filings showed.

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What to watch in the day ahead

Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.

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GSN files lawsuit against Bash Gaming after latter backs out from acquisition deal

The Game Show Network insisted that Bash Gaming pay a premium based from the difference between its initial acquisition offer and the amount the latter received from an unnamed buyer after Bash rejects GSN's deal at the last minute.

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Relaxed JOBS Act still hinders startups to raise funds via social media

Additional requirements on the amended Jumpstart Our Business Startups Act (JOBS) of 2012 would still hinder entrepreneurs and companies to secure funding via social media sites like Facebook and Twitter.

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MGT CAPITAL AGREES TO BUY AVCOM INC, A NYC-BASED GAMING STUDIO

MGT Capital Investments Inc announces acquisition of social gaming business and creative team

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Second drop this week seen on stock index futures in the US

The securities drop indicated investors' anxiety as they watch out for signs regarding the future US Federal Reserve's bond-buying program from some of its officials next week.

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MAG Interactive sweeps up USD6 million in funding from Nokia Growth Partners

Sweden-based app maker MAG Interactive collected USD6 million in funding from Nokia Growth Partners to be used for the development and expansion of its product and facilities.

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MEXICO WATCHDOG OKS CINEMEX ACQUISITION OF CINEMARK SUBSIDIARY

Mexico's competition watchdog on Tuesday approved movie theater chain Cinemex's purchase of the operations of U.S. group Cinemark's local subsidiary, after blocking the deal earlier in the year.

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INFORMATION ARCHITECTS ACQUIRES ALL ASSETS OF THE DAKOTA CREATIVE GROUP LLC FOR THE DEVELOPMENT OF MAJOR THEME PARK OPERATIONS

INFORMATION ARCHITECTS ACQUIRES ALL ASSETS OF THE DAKOTA CREATIVE GROUP LLC FOR THE DEVELOPMENT OF MAJOR THEME PARK OPERATIONS

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Eurazeo to buy French board game maker Asmodee

French financial holding company Eurazeo said on Tuesday it was in exclusive talks to buy board game maker Asmodee in a deal that gives the company an enterprise value of 143 million euros ($192 million).

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Ninja Metrics nabs USD2.8 million for predictive analytics business

Los Angeles-based startup Ninja Metrics raised USD2.8 million today from Tech Coast Angels and Harvard Business School to launch its predictive analytics tool Katana Analytics Engine.

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Forstmann Little & Co narrows bidders to five for talent agency- sources

According to sources interviewed by Bloomberg, New York-based private equity firm Forstmann Little & Co had shortened its list of potential bidders for IMG Worldwide Inc, its talent agency, to five.

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Line sees no pressing need for IPO- report

Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.

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Third Point registers 1.64% direct interest in Sony - filing

The Nikkei said the registration of Third Point LLC ownership in Sony was strategic as hedge fund manager Daniel Loeb intended to pursue management changes and shareholder resolutions in the electronics company.

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