VENTURE CAPITAL POST

Online music platform company 7Digital is close to signing a deal to buy out UBC Media Group. The takeover deal will provide a London listing for 7Digital in place of UBC. Should it be successful, the float could give 7Digital a valuation of about GBP50 million.

A new issue had arisen between the epic patent infringement battle between Samsung and Apple.

AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8.

HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.

A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.

Samsung is first in the smart watch race but Apple may win it all.

BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.

HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.

Google, SAP and Cisco had been in discussions to possible acquire struggling smartphone maker BlackBerry, said a Reuters report.

The South Korean technology firm Samsung offered to settle with the EU Competition Commission as to the patent lawsuits currently being investigated.

Social feeds in the Middle East announced that Samsung's Galaxy S4 would also be available in gold finish.

Celebrities welcomed the launch of the Samsung Galaxy Gear smartwatch in the UK.

Samsung launched the global sales of its latest phablet, the Galaxy Note 3.

Chiel Industries Inc., a unit of Samsung Group, announced to sell its fashion business and focus more on electronics materials.

A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.