Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.
Sectors
Y Combinator's Sam Altman calls on US to allocate 100 "founders visas"
Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.
US-based article bookmarking app Pocket is now available in six other languages
Menlo Park, US-based article and video bookmarking mobile app Pocket, which used to be available only for English articles, has now added French, German, Italian, Japanese, Russian, and Spanish to the languages that its supports.
Sony forays into virtual reality space with Project Morpheus for PS4
Sony unveiled a prototype hardware for the virtual reality headset it is working on for the PlayStation 4 which it calls "Project Morpheus," TechCrunch reported.
San Francisco's social news service Nuzzel comes out of beta
San Francisco, US-based social news service Nuzzel came out of beta testing to open let all users view a public feed of the most relevant and popular news that are automatically customized according to their interest.
Latest News
Google scored a big victory after US District Judge Lucy Koh did not allow the lawsuits regarding email scanning to proceed as a class action lawsuit, Bloomberg News reported.
Cupertino, US-based cloud marketing startup Ensighten purchased London, UK-based tag management firm TagMan for an undisclosed sum to gain traction over its bigger rivals in the website marketing sector.
American media conglomerate SFX Entertaiment added New York-based electronic music events ticketing service Flavorus for an undisclosed amount as part of its goal to build a new ticketing business model.
SoftBank Corp has made substantial gains on the investments it has made, prompting rivals and other Japanese firms to also invest in Japanese startups, Bloomberg reported.
Property developer Ray O'Connor bought the Grand Island Mall in Nebraska for $1.8 million to turn it into a lifestyle center with the help of St. Louis-based redevelopment firm Staenberg Group Properties.
Cambian Group intends to hold its initial public offering in London to raise £20 million or $33.2 million, Reuters reported. The healthcare firm is owned by private equity firm GI Capital.
US-based investment firms Benchmark Capital, Fortress Investment Group, and Ribbit Capital are buying a stake in Pantera Capital's Bitcoin fund called Pantera Bitcoin and committed to conduct virtual currency transactions through Pantera.
Ping An Insurance Group Co has worked with Ctrip.com International to provide smog insurance to visitors traveling to Beijing, Xi'an, Harbin, Chengdu, Guangzhou, Shijiazhuang and Shanghai, Bloomberg reported.
Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.
