Automattic, Inc, parent company of open source blogging and content management system service WordPress, announced in a blog post that it had acquired content sharing technology startup Cloudup with no financial details disclosed.
Investors
China's banking regulator set to expand loans facilities to include retail purchases
The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.
Fixing Metro-North Railroad may take three weeks
Commuters who take the Metro-North Railroad train may need to wait for three weeks until the cable failure that disrupted operations yesterday would be fixed.
Icahn to meet Cook on September 30
Carl Icahn had set to meet Tim Cook to discuss the future of Apple. Billionaire activist investor Carl Icahn would be meeting Apple Inc CEO Tim Cook on September 30 in New York.
The Hartford extends home and auto insurance agreement with AARP
The Hartford Financial Services Group announced that it would continue to provide home and auto insurance products to AARP members.
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TVV Capital's acquisition of Pitonyak Machinery Corp serves to complement an earlier acquisition for the buyout firm.
The executive council had earmarked funds for construction of hospitals and roads in Abu Dhabi. The executive council of Abu Dhabi last Wednesday approved funds worth AED15.
Sofitel would be opening hotels in Qatar and Saudi Arabia. Sofitel, the luxury hotel brand, is owned by French company Accor, was said to be in active discussion to sign new hotels located in Qatar and Saudi Arabia.
RidePal gathered USD 3.2 million for its Series A round. San Francisco-based shuttle service provider RidePal announced that it was able to score USD 3.
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.
According to a Techcrunch report, Foundry Group pledged a USD5 million Series A investment to Minneapolis landing pages services startup LeadPages.
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
In an announcement today, fashion retailer JustFab said it had raised USD40 million in investment commitments from investors like Shining Capital and Rho Ventures.
In a statement today, ebay Inc announced that it had agreed to acquire Braintree for around USD800 million in cash.
