Mobile photography startup Foap said it was able to secure USD 1.5 million in funds from Maxwell Ventures and Industrifonden, a venture capital firm in Sweden.
Sectors
Mother of Usher's child seeking sole custody after incident
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
Dish, Charter's decline in customers fuel speculation on pay-TV merger
The customer losses of Dish and Charter fueled rumors regarding the possible merger of pay-TV companies.
DrillMap closes Series A funding with USD 6.5 million
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
Xiaomi overtakes Apple's market share in China
Xiaomi Tech has overtaken Apple's market share in China with 0.2% lead. Xiaomi Tech, a Chinese smartphone manufacturer, has already surpassed Apple's market share in China.
Latest News
Analysts said Apple must make its own smartphone trade-in program to boost its sales. According to Apple Insider, Apple's CEO Tim Cook is currently considering the possibility of adopting the trade-in program of AT&T and T-Mobile.
The South Korean company's new chips would result to smartphones with 384GB of storage capacity.
Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.
Global web services company AOL Inc announced that it would be purchasing Adap.tv for USD 405 million.
Disney reported increase in the company's third quarter earnings due to media networks, parks and resorts' stronger performance.
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
Walt Disney Co said it expects to record a loss of up to US$190 million for its summer movie, 'The Lone Ranger.
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
