Huawei launched their first product on Saudi Arabia in a Riyadh conference last night. Chinese mobile phone manufacturer Huawei formally entered the Saudi Arabian market, vying for a place in the hotly contested smartphone industry sales race.
Sectors
YouBeauty gets US $8.6 mln in series A-1 funding
YouBeauty gets a series A-1 funding worth US $8.6 million in a round led by existing investor Countur Venture Partners.
Stripes Group invests in London-based Audio Network
The growth equity firm acquired around 27% of the international music platform's equity stake. Growth equity firm Stripes Group made a considerable minority investment in a London-based international music platform.
Teck Resources Ltd bids for Rio’s Iron Ore Co.
A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.
Ericsson fortifies operations support with new acquisition
Ericsson bought Canadian form Telcocell. One of the oldest players in the mobile phone industry expanded its internal infrastructure with the acquisition of Telcocell.
Latest News
Paul O'Brien developed an app that enables HTC One users to switch between Sense and Google Experience.
Last episode saw the dramatic exit of Desiree Hartsock of "The Bachelorette". It seemed that the extended finale of "The Bachelorette" may be worth it.
Huawei is set to reach its target of 10% revenue growth for this year, analysts reported. Huawei's midyear report suggests that the Chinese company is set to hit its target mark of 10% revenue growth this year.
The U.S. Solheim Cup Team named Antigua Group as official licensee for 2013 for the second consecutive competition.
HTC estimated that the company might post a negative earnings report on the third quarter. HTC's first loss was a long time coming. Investors have been wary of the Taiwanese company's downward spiral.
Recent quarterly reports said that HTC declined for the 8th consecutive quarter. After a failed attempt to promote its business, HTC Corporation forecast a huge decline in its latest quarterly report.
Alcatel-Lucent announced that Qualcomm has bought a minority stake in its company as part of its research partnership.
Time Warner Cable agreed to keep CBS on air after both sides failed to agree on fees. After the two sides went on a stalemate on talks over fees, Time Warner Cable relented to the request of CBS to keep the network on air.
Grans Cru, dubbed as Helsinki's next mobile hitmaker, acquired Eur8.5 million in series A funding.
