Prince Alwaleed bin Talal, the Saudi investor with stakes in Apple Inc. (AAPL) and Citigroup Inc. (C), and his investment company agreed to buy a $300 million stake in Twitter Inc., the microblogging service with about 100 million users.
The agreement to acquire a “strategic stake” in Twitter more…
Briefly…The Naspers owned MIH Internet Africa has announced that the local resources at its online classifieds start-up, Kalahari Ads, will be consolidated with international resources available via OLX, another Naspers owned entity operating one of the world’s fastest growing online classified platforms. This move is a bid to grow Naspers’ online classifieds footprint more…
The internet has played a huge role in the success of many of today’s best real estate investors. It enables investors to buy properties that they have never seen in person and sell properties to individuals around the world. However, just because opportunities are “out there” – and we mean way out there in some cases – does not mean that a global real estate investing operation will be right for every real estate investor. more…
(Reuters) – China’s Alibaba Group Holding Ltd has talked with Temasek Holdings Pte about providing financing to buy the 40 percent stake in itself held by Yahoo Inc, Bloomberg said, citing people familiar with the matter. more…
Is developing a mobile marketing strategy worth the time, effort and investment for companies? Does mobile live up to the hype? How much impact can a killer app make?
The Drum caught up with leading agencies in the world of app development and mobile more…
Any seasoned investor knows that past performance is not indicative of future returns. That is as true with public stocks as it is with venture capital firms. But if someone were to ask you to rank the top VC firms today based on their probability of success, how would you do it? Remember, looking at past returns won’t help you. more…
A Chicago-area startup that sells natural consumer goods online, Abe’s Market, closed a $3.4 million series A investment the company announced today. Accel Partners led the round, joined by the company’s earlier investors, Index Ventures and several angels.
Abe’s Market calls itself the equivalent of an online farmer’s market, and focuses on selling non-food category natural products like beauty, bath, baby or cleaning items, though it also sells some packaged comestibles. more…
After one year of activity in the Romanian market, CareerBuilder, world’s largest online job site, still aims at knocking off eJobs and BestJobs from their top spots, in an online recruitment market evaluated at ten million euros in 2008. However, the economic crisis and massive job shedding have pared job sites’ business over the last 12 months. more…