VENTURE CAPITAL POST

JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.

Nokia surprised investors with strong quarterlyearnings and raised its full-year profit margin forecast as network operators install more powerful systems to cope with surging mobile data traffic.

Improved demand for personal computers after years of declines may not last as emerging markets remain weak and recent corporate upgrades in the United States and Europe may prove fleeting.

Microsoft made announcement at Dynamic Spectrum Alliance Global Summit in Accra, Ghana that it will launch a new TV white space partnerships and projects in Africa and three other continents to provide lowcost wireless connectivity to students and faculty at universities in Koforidua, Ghana.

Microsoft reportedly will consider removing the monthly paid subscription of Xbox One and Xbox 360 owners to access apps like Netflix and Hulu for free.

Washington, US-based software giant Microsoft acquired Wellington, New Zealand-based cloud computing firm GreenButton for an undisclosed amount to incorporate it into the Azure public cloud platform to give companies remote access to software.

Mountain View, US-based search giant Google will shell out $207.7 million (€150 million) to expand its data center in Dublin Ireland to beef up its revenue generation through its cloud services.

CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."

Microsoft said through its newly appointed head Kabelo Makwane that it has reinstated its development commitment in the Africa through a 20-year business plan that would boost economic growth and development in the African region.

Microsoft's deal to acquire Nokia valued $7.2 billion have been set to close on Friday which is also in time for the company's target saying that the deal was expected to close during the first quarter of 2014.

Microsoft has innovated an Indian hotline for startups to give advice, available during business hours from Monday to Friday, reported Venture Beat.

Apple Inc. refused to join Intellectual Ventures on a patent trolling operations, reported Gigaon.

Microsoft Ventures in India established the world's first startup hotline in Bangalore to give startups access to real-time professional advice regarding the accounting, taxation, legal, and technical aspects of a business via toll-free number.

UK-based growth capital fund Station 12 is raising $250 million (£150 million) for its new fund that will invest in the growth rounds of media tech startups in Europe.

According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.