Private equity companies are among the rising number of investors looking to invest in the commercial real estate market in Germany where cash-strapped owners are forced to make deals, Bloomberg reported.
North America
Tech fund for Hawaii startups mbloom LLC closes $10M early stage venture capital fund
The first early stage technology fund in Hawaii. mbloom, was able to obtain $10 million for its first venture capital fund, a public-private partnership between the Hawaii State Development Corporation and Rosemont Seneca Technology Partners.
Australian miner Heemskirk inks deal to sell Canada plant in C$12M deal
Australia-based mining firm Heemskirk Consolidated inked a deal with Marquis Alliance Energy Group to sell its mineral plant in Canada for C$12 million as part of its startegy to focus on developing its Moberly facility.
eBay UK to start allowing sale of Bitcoins on February 10- report
The UK website of e-commerce giant eBay will soon allow the sale of Bitcoins and other digital currencies under the Virtual Currency category, CNET reported.
Jamaican bobsled team turns to crowdfunding to get to Winter Olympics
The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.
Latest News
Arkansas, US-based meat processing company Tyson Foods acquired the assets of Warren, Michigan-based pizzeria Bosco's Pizza Co for an undisclosed sum, as part of its plan to expand its domestic food business.
The Federal Reserve is optimistic that the US economy will grow strong this year and is expected to announce the next reduction of its bond-buying program on January 28-29, the Wall Street Journal reported.
Brent Williams, the chief executive officer (CEO) and president of Salt Lake City, Utah-based dental administrator Dental Select, has acquired all of the remaining shareholder stock in the firm for an undisclosed amount.
San Francisco, California-based mobile security firm Bluebox Security snagged $18 million in a Series B funding round led by Tenaya Capital amid the growing bring-your-own-device (BYOD) trend that opens opportunities for security ventures in the tech market.
New York-based research gathered data on startup death and found out that half of early-stage firms die before raising $1 million and that most startups last 20 months after their last funding round.
For Detroit, the road in and out of U.S. bankruptcy court is paved with casino money.
For Detroit, the road in and out of U. S. bankruptcy court is paved with casino money.
Jeff Jordan, a partner at Andreessen Horowitz, says the structural shift from physical to digital retail is happening more quickly than what he had previously imagined.
Strapped for cash, schools in Houston, Texas are slowly turning to crowdfunding sites like donorschoose.org to get needed funding for their supplies and equipment, the Associated Press reported.
Michael Abrash, virtual reality researcher at Washington-based gaming firm Valve, said he expects amazing and consumer-friendly virtual reality products to be on launched on the market within two years.
