After regulators rejected the plan to sell its Allstream business division to Egyptian firm Accelero Capital Holdings Sarl Group, Manitoba Telecom Services Inc said it might sell its stock to fund the shortfall of its pension plan.

Espresso Logic raised USD1.6 million today as seed funding to make mobile APIs using data logic from reactive programming.

British technology company Captive Media managed to raise GBP250,000 through crowdfunding to launch the world's first urinal game.

Oktopost closed USD800,000 seed round to bridge social media marketing and business-to-business (B2B) masses.

GoCoin secured USD 550,000 for its seed round from various global investors. Singapore-based GoCoin announced that it had secured USD 550,000 for its seed funding round.

NewWorld Capital made a strategic investment in Astrum Solar together with CCM US and Constellation.

News aggregator closed USD1.8 million in a Series A financing round led by Advance Publications. News aggregate startup Newsle secured USD1. 8 million in Series A funding this week.

NMI Holdings raised USD 27.3 million in a share sale after selling the shares at the top end of its price range.

Austrian property company said its BUWOG unit is buying 18,000 flats in Germany to increase its portfolio.

A block trade in Samsung Electronics raised $356 million from the sale of its preference shares. A day after the pronouncement of its long-term strategy, an undisclosed insitutional shareholder of the South Korean multinational Samsung Electronics has reportedly raised around W377.