Stocks of Microsoft plummeted as they charge on unsold Surface RT units. Shares of tech giant Microsoft dipped to unexpectedly low levels last Thursday after a lower than expected revenue showing.
Sectors
Invenias secures US $1.5 million expansion funding
The cloud-based software platform gained US $1.5 million expansion funding from MMC Ventures to cover customer acquisition objectives and product development.
Yahoo! buys back stock from Third Point
Yahoo! entered into an agreement with Third Point to buy back 40 million worth of shares. Yahoo! Inc. announced that they have entered into an agreement to repurchase 40 million worth shares of owned by Third Point LLC (Third Point).
Microsoft and Google partners against child pornography
After British Prime Minister David Cameron's urge, Google and Microsoft vowed to fight child pornography.
Low cost iPhone leaked online
Documents leaked regarding an alleged low cost smartphone by Apple. The rumor mill keeps on spinning. Yesterday, speculations about the iWatch got Apple fanatics all over the world hyped up.
Latest News
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
Sprouts Farmers Markets announced the start of its initial public offering. Sprouts Farmers Markets LLC announced the start of its initial public offering.
Althon Energy Inc said that the company has filed for a public offering worth US$345 million Althon Energy Inc announced that they have file for an initial public offering (IPO) valued at US$345 million.
The first half of the year saw investments in agri-business rise 75% in India. Investments in Indian agri-business firms rose 75% in the first half of 2013.
TPSF shareholders announced that KRR will manage US$78 worth of assets. Shareholders of PT Tiga Pilar Sejahtera Food Tbk (TPSF) announced that they have signed a definitive agreement with KKR (Kohlberg Kravis Roberts).
Wisconsin bill that supported business financing and job creation was signed by Gov. Scott Walker. Gov. Scott Walker signed a bill Thursday that supported business financing as well as the creation of jobs in Wisconsin.
A thrill ride in Ohio injured seven after rolling backwards and flipping over the water. A thrill ride in one of Ohio's amusement parks malfunctioned on Friday, injuring seven people after rolling backward down a steep hill.
Game Account and Reel Time Gaming teams up for a multi year partnership deal. GameAccount Network announced their multi-year partnership with Reel Time Gaming.
Hasbro and Disney announced that they have formed a better strategic merchandising affiliation for the Disney/Marvel properties.
