Chariot Oil & Gas agrees with Cairn Energy for 35% stake of Mauritania

A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc. A farm-out deal was signed between Chariot Oil & Gas Ltd and Cairn Energy Plc.


Soasta scores USD 30 million in funding from new and existing investors

California-based cloud and mobile testing company Soasta Inc announced that it was able to raise a total of USD 30 million in growth-stage funds.

TPG Capital investors okay time extension for unspent capital

Texas-based private equity firm TPG Capital was able to get the approval of its investors for a time extension to invest their money.

Apple seeks Samsung phone sales ban in the US

Apple turned things around and sought for Samsung phone sales ban in its home market. Apple Inc is currently trying to force the mobile devices of Samsung Electronics Co.


Latest News

Demand Media's total revenue growth slowed to 9% to US$101.1 million due to changes at Google. On Wednesday, Demand Media said its aggregate year on year revenue growth slowed to 9% during the second quarter to US$101.
BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.
Fusion-io posted a large quarterly loss due to advertising costs and expenditures associated with the absorption of NexGen Storage's workers.
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
The five publishers that conspired with Apple objected to the US restrictions sought by the government against Apple in the e-book court case.
BlackBerry lost its third place position in a race for major smartphone platforms. Even with the launch of the latest mobile operating system and some new smartphones, BlackBerry still keeps on failing to establish a major smartphone platform that could be behind the lead of Android from Google and iOS from Apple Inc.
BlackBerry verified that three senior executive officials were removed from the company. A report on Wednesday said BlackBerry told CBS that the company is in the "second phase of our transformation plan," while confirming the removal of three executives from the firm.
The US Court of Appeals renewed the patent claims that Apple filed against Google's Motorola Mobility.