United States

TrueCar Inc mulling over IPO next year - sources

Online auto-shopping company TrueCar Inc is thinking of going public next year, according to sources.. TrueCar Inc offers free pricing information from over 6,000 car dealers.


Virgin Galactic now accepts Bitcoin as payment into space

A Hawaiian stewardess made history on Friday by becoming the first person in history to purchase a USD 250,000 Virgin Galactic ticket by using Bitcoin. Virgin Galactic CEO, Sir Richard Branson has announced during an interview with CNBC.

Aurora Capital Group completes acquisition of National Technical Systems

Aurora Capital Group has completed its previously-announced acquisition of National Technical Systems. The cash acquisition priced at USD 23 per share was at a 39% premium to the closing price of NTS on August 15.

Plastic cards continue to drive world away from true mobile payments

Brian Fung, in his report which appeared on The Switch at The Washington Post, said the world is moving away from true mobile payments as evidenced by the presence of plastic card offerings from various companies.


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Florida-based AssuredPartners closed its acquisition of Stoutamire-Pavlik & Associates Inc, an independent insurer located in Monticello Florida. No financial details were given about the deal.
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
A&B Properties, Inc. announced today that it has agreed to sell Maui Mall to a partnership of Denver-based Alberta Development Partners and an affiliate of Chicago-based Walton Street Capital, LLC.
Niche, a startup that helps connects brands with social media celebrities has announced that it has successfully raised USD 550k in funding and at the same time, have finally opened their website to the public.
Skip Hop, founded 10 years ago by Ellen and Michael Diamant, makers of children's gears, sell its majority stake to a private equity firm, Fireman Capital Partners.
Bancbox crowdfunding API announces that it has already processed USD 4 million in transactions within its 18 crowd investing platforms. It is a payment gateway similar to Stripe that allows developers to build a whole new set of payment services.
Economic data obtained by International Business Times revealed that the USD80 billion bond-buying program of the US Federal Reserve had only benefited those who can afford to hold on to their investments.
With the midnight release of the Xbox One, the console war has finally began. Sony's Playstation 4 was released last week and now consumers would be able to tell and decide which one system would rule their living rooms.
The planned merger between Bally Technologies and SHFL Entertainment received recommendations for approval from the Gaming Control Board and the Nevada Gaming Commission without any questions.
Sift successfully raises USD 2 million in seed funding for its personalized shopping app and at the same time, releases its iPhone app. Funding is led by DN Capital and from its previous investors.