Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
North America
Cotton Creek Capital acquires Royal Baths
Texas-based private equity firm Cotton Creek Capital bought Royal Baths Manufacturing for an undisclosed amount.
SAGE Therapeutics closes USD 20 million Series B funding round with USD 20 million
Biopharmaceutical firm SAGE Therapeutics scored USD 20 million from ARCH Venture Partners and Third Rock Ventures in its Series B funding round.
Vivendi to buy US debt after Activision sale
Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.
Apple cuts iPhone 5C supply, increases iPhone 5S units - WSJ
A Wall Street Journal report might have indicated that Apple Inc had sold more iPhone 5S units than the cheaper iPhone 5C units.
Latest News
Stamos Capital Partbers reacquired its stakes from Merrill Lynch & Co and its two other partners. Stamos Capital Partners conducted a management buyout of the stakes held by its two partners and Merrill Lynch & Co.
Google has not yet unveiled the Nexus 5 smartphone, resulting to new speculations about the new smartphone release
A total of USD163 million in cash was placed on eight acquisitions Yahoo Inc made during the third quarter this year, according to its recent earnings report.
App revenues for Google Play Store still fell behind that of Apple's App Store, a report revealed.
A Telegraph report revealed the hidden features of Android smartphones. A report from UK newspaper The Telegraph revealed hidden features of Android smartphones.
Lawyers asked T-Mobile to remove its television commercial which was a parody about smartphone theft, saying it belittled the issue.
Investors remained anxious even if US Treasury Secretary Jacob Lew announced last week in Congress that the department had the capacity to pay US Treasury bill holders.
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
