Jan 9, 2015 | News, North America
Wall Street Jounal Facebook said Thursday it has acquired video-compression company QuickFire Networks, further underscoring the social networking giant’s increasing focus on video. Quickfire, based in San Diego, says it can quickly convert video formats and allow...
Jan 5, 2015 | Brazil, Latin America, News
SAO PAULO, Jan 5 (Reuters) – Mergers and acquisitions in Brazil should gain steam in coming months as a slumping currency and lower asset prices prompted foreign companies and investment funds to spend $33.1 billion on takeovers in Latin America’s largest...
Dec 23, 2014 | China, East Asia, News
Yetang, a Chinese site that sells fashion and lifestyle products by smaller brands and designers around the world, has raised $5 million led by DCM. While smaller e-commerce sites face plenty of competition from formidable rivals like Alibaba’s marketplace Taobao,...
Dec 19, 2014 | News, North America
Would-be media moguls take heart: with nothing more than a Twitter handle and a dream, you can raise capital to become the next Vice or Vox Media Group, or Buzzfeed. All it takes is a knack for viral content, 2.15 million followers on your marquee Twitter account, and...
Dec 16, 2014 | East Asia, India, News, South & Central Asia
TechCrunch SoftBank’s investment spree in Asia is continuing today after the company announced a $90 million round for Locon Solutions, the company behind India’s Housing.com property portal. The Japanese telecom giant led the round in the property search company,...