Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
North America
Abbot acquires IDEV Technologies for USD 310 million
Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Ajubeo receives investment from Grey Mountain Partners
Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
TrendKite closes USD 1.2 million in Series A funds
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
PicCollage scores USD 2.3 million in seed funds
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
Latest News
Eastman Kodak was cleared by bankruptcy court to begin the company's restructuring. Eastman Kodak Co. emerged from bankruptcy court Tuesday after a judge cleared the company to begin a new chapter.
Collegefeed received USD1.8 million investment from Accel Partners A new social media platform specifically catered to college students has attracted a USD1.
Maginatics raised $17 million in Series B financing for its projects. Maginatics, a leader in technology innovations, clinched USD17 million in Series B funding.
BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.
NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.
Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.
SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
Carlyle Group LP welcomed its new member Matthew O'Connor, an executive from GE Capital, who was hired as managing director for the company's energy team.
Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.
