Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.
Regions
Africa, a profitable place for academic endowments
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
Davies-Led Group Interested In Lloyd's Stake
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING Sells Stake In ING-BOB to BNP Paribas Cardif
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
Scale Matters in TV Deals
Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
Latest News
S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.
Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.
A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.
US jobs results confirm Fed's expectations and strengthens the dollar. US Dollar is at its strongest in three years against major currencies following the jobs report released on Friday amid growing market expectations that the scaling back the Federal Reserve's stimulus program will come as early as September The U.
Actis is finalizing a deal where it would make it a significant minority shareholder in Symbiotec Pharmalab.
Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.
TransAlta Corp planned to spin off its wind and hydroelectric power plants through an initial public offering to increase the company’s value.
Chargemaster Plc intended to raise GBP6 million through an initial public offering that is expected to start trading this month according to its CEO, David Martell.
PAL announced that they are conducting preliminary talks with ANA and Emirates for possible venture San Miguel Corp (SMC) announced that they are conducting preliminary talks with Japan's All Nippon Airways (ANA) regarding a possible partnership for Philippine Airlines (PAL).
