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Sprinklr buys Texas social analyics firm Dachis Group

New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.

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Funding Circle obtains £40M investment from UK government to provide loans to SMBs

Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.

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China's Meizu and Spain's Bq to build first Ubuntu Mobile phones this year

Canonical, the parent firm of UK-based operating system Ubuntu, partnered with Chinese electronics firm Meizu and Spanish mobile gadget firm Bq to build the first Ubuntu Mobile phones this year.

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UK-based Dentsu Aegis acquires Chinese social creative firm Verawom

Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.

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Next wave of super-rich heading for London as new crises bite

Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency showed on Friday.

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London-based Togethera closes £250K in seed funding to roll out private family photo-sharing app

London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.

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British fashion startup ASAP54 picks up $3M in venture round

London, UK-based startup ASAP54 picked up $3 million in a recent venture round to support the development and international expansion of its mobile fashion search and discovery app.

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Irish media firm Communicorp snaps up eight stations from Global Radio for £35M

Dublin, Ireland-based media holding firm Communicorp snapped up eight stations from London, UK-based media and publishing holding group Global Radio in a deal valued at £35 million as the latter was forced by the Competition Commission to do so.

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Babcock International Group adds Oman-based training institute

London, UK-based engineering and support services firm Babcock International Group added Oman-based oil and gas training organization National Training Institute (NTI) for an undisclosed sum to extend the latter's training services to the UK.

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Coworking space Rainmaking Loft invades Berlin

Starting February 27, London-based co-working space Rainmaking Loft will be opening 80 desks within a 1,000-square-meter office space in Berlin to provide startups with links between the Berlin and London tech markets.

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London-based Facebook phone maker Inq Mobile shuts down

Inq Mobile, the London-based company which is among the first to make a Facebook phone, announced via its website that it has shutdown, but the company has not elaborated on the exact reason.

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Australian online tailoring startup InStitchu expands to the UK

Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.

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London entrepreneur secures $1M to fund educational app Gojimo

London-based entrepreneur George Burgess secured $1 million (£604,000) in funding for the next project to develop a mobile app called Gojimo that helps high school students pass their exams.

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US tech media startup Daily Dot adds London news site The Kernel

Texas, US-based tech media startup Daily Dot Media (DDM) added London, UK-based tabloid-style news site The Kernel, whose editor-in-chief is stepping down from his position, for an undisclosed sum.

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London hedge fund takes 5.2pct stake in UBM amid chief executive search

London-based hedge fund Hengistbury Investment Partners took a 5.2% interest in events and publishing company UBM as the latter continues its search for a new chief executive.

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