Koos Bekker became a billionaire earlier this year after he transformed Naspers Ltd. from an old-print business into the largest media firm.
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Socialspiel recruits former Rockstar Games veteran, raises further EUR200K
Socialspiel received EUR200K new funds from angel fund FLOOR13 and ex-Rockstar Games veterans, Clemens Beer and Mike Borras.
Competition Commission releases provisional findings on Cineworld investigation
UK regulator warns Cineworld might have to let go of three complexes. Cineworld might just have to let go of their recently acquired complexes at Aberdeen, Bury St Edmunds and Cambridge as the Competition Commission released their provisional findings last Tuesday.
SocialChorus raises USD2.5 million series A funding
SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.
Trina Solar plans to sell more in China and Japan
Trina Solar reported increase in sales as high demand for products developed in China and Japan. China's Trina Solar Ltd increased its forecast for panel shipments this year as sales in its own country increased.
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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.
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.
Barnes & Noble's sales weakened after CEO Leonard Riggio cancelled his offer to purchase stores.
Best Buy reported increased profits, proving CEO Joly's cost-effective plans successful. Best Buy Co Inc announced Tuesday that the company's first quarterly profit proved CEO Hubert Joly's recovery plan effective.
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Champion Medical Technologies won a "multi-million dollar investment" from Jump Capital, a private equity firm based in Chicago.
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
SmartyPants partnered with crowdfunding platform CircleUp to score USD 2.59 million in financing from new and current investors.
