NEW YORK, NY and BOULDER, CO - DH Capital, LLC, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, is pleased to announce that it served as financial advisor to Infrascale, a leader in cloud-based data protection solutions, in its recently closed $16.3 million Series B round of funding, led by new investor Carrick Capital Partners.
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Taxi protests against Silicon Valley ride-app Uber threaten European gridlock
Commuters faced a day of traffic chaos in London, Berlin, Paris and Madrid on Wednesday as taxi drivers mounted one of the biggest protests against Uber, a U.S. car service which allows people to summon rides at the touch of a button.
Alibaba to launch U.S e-commerce website on Wednesday: reports
Chinese e-commerce company Alibaba Group Holding Ltd is launching its first U.S. direct-to-consumer online shop on Wednesday, the Financial Times and other media reported.
Powerade settles score with Gatorade over LeBron James cramps
Powerade on Monday gets even with Gatorade over the latter's taunting of LeBron James in Game 1 of the NBA Finals. Miami Heat's superstar and Powerade endorser James suffered from severe leg cramps twice during the game. The Heat lost over San Antonio Spurs 110-95.
Social inequality in San Francisco spurs verbal brawl among VCs
Ongoing tensions over how to handle social inequality in San Francisco sparked an a rare outburst among venture capitalists Monday. Facebook Inc executive-turned-venture capitalist Chamath Palihapitiya called for San Francisco Mayor Ed Lee
Latest News
India's new government will pursue an economic reform agenda that foresees introducing a general sales tax, encouraging foreign investment and speeding approvals for major business projects, the president told parliament on Monday.
Japan's first quarter growth handily beat initial estimates on an unexpected surge in capital spending, fresh signs the world's third-biggest economy is in better shape to weather a hit to consumption from a sales tax hike.
State-owned China Mobile Ltd is poised to buy an 18 percent stake in Thai telecoms group True Corp valued at around $581 million, people familiar with the matter said, in Thailand's first major corporate deal since a coup last month.
SoftBank Corp (9984.T), Japan's No.3 mobile carrier, will cut its smartphone charges in Japan with a flat rate for unlimited voice calling and cheaper data plans, in a sign that price competition may be starting to pick up in Japan's mobile market.
Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter.
In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.
A Romanian court sentenced hacker "Guccifer", who broke into the emails of former U.S. president George W. Bush's family, entertainment figures and the head of the Romanian secret service, to four years in jail on Friday.
A smartphone app that rids you of acne. Another that monitors your heart rate 24-7. One that detects skin cancer by looking at your birthmarks. If they sound too good to be true, they may be.
Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on companies operating across the bloc.
