Zynga Inc. lost three more top executives this month, following more than a dozen exit of top managers in the company after it announced IPO last December 2011.
Investors
Trōv’s capitalization fund reached to US $6.8 mln
Trōv raises its capitalization fund to US $6.8 million after it completed its second round financing.
Amplience raises GBP3.7 million in second round financing
Retail management solutions company Amplience secured GBP3.7 million after the close of a series B financing.
Visa and MasterCard ease EMV migration through tech licensing deal
Visa and MasterCard will ease EMV migration through tech licensing deal. MasterCard and Visa agreed to a deal for easing of mag-stripe to EMV migration.
FERC fines J.P. Morgan Ventures Energy Corporation USD 410 million
A unit of J.P. Morgan Chase & Co. was slapped USD 410 million in fines by the FERC. The Federal Energy Regulatory Commission (FERC) fined a unit of J. P.
Latest News
Qualcomm Ventures and Nokia Growth Partners are Finnish game developer Grand Cru's newest partners in its recent Series A funding round.
Olapic secures US $5 million after the close of a series A financing round led by Great Longworth Venture Partners and Fung Capital USA.
Alcatel-Lucent beats estimates set by analysts after Qualcomm Inc. announced to purchase the former's minority stake.
Microsoft Windows 8 and Surface RT tablets were lagging behind competitors. Windows 8, the operating system Microsoft designed for touch PCs, was still finding it hard to capture a sizeable audience.
Apple and Motorola dropped 14 patents, which now left with them with 8 patents-in-suit. Apple and Google's Motorola agreed to drop 14 patent suits Monday.
Alcatel-Lucent partnered with Qualcomm for small cell development. Alcatel-Lucent and Qualcom partner for small cell development. The development aimed to be useful for enterprise and residential deployments.
The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.
Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.
Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.
