Barclays to close wealth management services

In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.


Fairfax seeking equity investors for BlackBerry bid

The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.

Apple's distributiorship tactics subject to review

France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.

Urban Compass to provide services to users

Urban Compass would provide locations of possible apartments for rent using online database. Ori Allon, who sold two internet start up companies to Google Inc and Twitter respectively, has laid out plans to announce a USD20 million funding round for a firm that sifts through complex databases, this time for New York city apartment rentals.


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Youtube and Google+ had teamed up to improve the system of moderating comments in Youtube, and recently did a soft launch with a limited number of Youtube users.
Sources told Reuters that Lockheed Martin Corp anticipated orders for its F-35 fighter jets in the next few months.
Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Analysts thought that Tokyo Electron Ltd's takeover was unusual move in an industry norm where local companies were rarely open to mergers or takeovers by their foreign rivals.
Amazon introduced its latest addition to the Kindle line, the Kindle Fire HDX. Amazon introduced another addition to its Kindle line. The Kindle Fire HDX in 7-inch and 8.
Celebrities welcomed the launch of the Samsung Galaxy Gear smartwatch in the UK. The launch of Samsung's smartwatch was a star-studded event in the UK.
Brynwood Partners announced the first and final close of their seventh fund, which raised USD 400 million.
Orthopedic devices seller Stryker Corp announced that it had agreed to acquire Mako Surgical Corp for USD 1.65 billion.
RANOVUS raised USD 11 million from various venture firms for its latest financing round. RANOVUS Inc announced that it was able to raise USD 11 million in its financing round.
Opus Global Holdings is partnership between GTCR and Douglas Bergeron to deliver Leaders Strategy for firms.