Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.
Sectors
Adler gets CEO promotion in Prudential Financial Inc.
Eric Adler was promoted CEO of Prudential Financial Inc, the second largest life insurer in the United States, replacing former CEO Allen Smith.
Roark Capital's Corner Bakery Cafe names new vice president
Corner Bakery Cafe promoted Gregg Koffler to vice president of franchise sales. Restaurant chain Corner Bakery Cafe announced the promotion of Gregg Koffler to vice president of franchise sales earlier today.
Merger might be HTC's lifeline
Analysts believed that HTC's only way out of totally dying out is through a merger with another Chinese company.
RCP Advisors closes US$425 mln for Secondary Fund
Chicago-based RCP Advisors gained US$425 million additional funding for its Secondary Opportunity Fund II.
Latest News
Google and IPSOS' research showed that less than half of Chinese urban dwellers had smartphones.
Facebook sent engineers to research on the social media market of India. India is not only the most hotly contested market for smartphones. According to analysts, the Indian social network market will become the largest in the world in two years.
According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.
Facebook's shares reached record highs due to mobile ad revenue. Shares of the social networking giant skyrocketed back to their pre-listing level for the first time since its initial public offering.
Samsung devices satisfy customers more than the iPhone, according to ACSI. The American Customer Satisfaction Index (ACSI) recently released the results of its smartphone customer satisfaction survey for the year.
Music streaming site Spotify could be the spark that would reignite music sales in Sweden. Spotify, a commercial music streaming service, could be the spark to reignite music sales in Sweden and the world.
The new Moto X from Google's Motorola posed a potential threat to the Apple-Samsung duopoly in the smartphone market.
Spain-based airport operator Aena group agreed with AXA Private Equity to buy London Luton Airport from TBI Limited for USD 599 million.
Accenture Credit announced it has finalized the acquisition of Mortgage Cadence but financial details were not disclosed.
