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Apple's purchase of Lala sparks price confusion
58 minutes ago ago from The Unofficial Apple Weblog (TUAW)
Did Apple's purchase of music streaming service Lala cost the company $80 million , or 17 million? Probably the latter, at least according to Techcrunch . $80 million seemed like an awfully large price tag for a service that's only a couple years old. Michael Arrington at TC claims to have sources who say the purchase price was $17 million instead of the previously reported $80 million. He also explains that the sources aren't directly ...
Related contentThe Limits of Venture Capital and Cleantech
1 day ago ago from Venture Chronicles
I just watched a segment on one of the financial channels featuring venture capital investment in cleantech. I have mixed feelings on this, which is to say that I see this as a rich investment category but one that has many unfamiliar obstacles for Silicon Valley investors. Cleantech investing is a major next wave for investors, one that is well underway and probably finds more in common with the biotech investing than anything else. ...
Related contentTA Q3 profit down 54.6pc to RM23m
3 hours ago ago from All About Work & Financial
TA Enterprise Bhd announced today its pre-tax profit in the third quarter ended October 31, 2009 fell 54.58 per cent to RM23.25 million from RM51.21 million in the corresponding quarter last year. Its revenue dropped 16.57 per cent to RM118.23 million from RM141.72 million. "Although brokerage income and gain on disposal of investments were higher in the third quarter, the Group recorded a drop in revenue made in property development as ...
Related contentRMG Capital Corporation Reports Results
23 hours ago ago from bneg.org
RMG Capital Corporation Reports Results Market Wire, December, 2009 RMG Capital Corporation (OTCBB: RMGC), the holding company for Fullerton Community Bank, F.S.B. in Fullerton, California, announced results for the third quarter and the first nine months of 2009. RMG Capital Corporation announced a net loss of $1.06 million or $0.40 per share for the first nine months of 2009 compared to a profit of $3.03 million or ...
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Coveo Announces Completion of $8.2 Million Series B Financing
6 hours ago ago from Good News Now
Coveo , a leading provider of enterprise search solutions , today announced the completion of its Series B financing in the amount of $8.2 million. The financing was led by BDC Venture Capital, and included all existing major investors, among them Propulsion Ventures SEC, The Solidarity Fund QFL, and Coveo Chairman Louis Têtu. BDC Venture Capital Director Réjean Asselin said, “Coveo’s solid customer base of global organizations, and ...
Related contenteFuture Announces Third Quarter 2009 Unaudited Financial Results
17 hours ago ago from PopEater
BEIJING , Dec. 7 /PRNewswire-Asia/ -- eFuture Information Technology Inc. (Nasdaq: EFUT, the "Company" or "eFuture"), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced its unaudited financial results for the third fiscal quarter ended September 30, 2009 . Financial Highlights - Third Quarter 2009 RMB Unaudited Unaudited Quarter Ended Quarter Ended September 30, 2008 ...
Related contentClaymore Securities Launches the Claymore China Technology ETF (NYSE Arca: CQQQ)
5 hours ago ago from FanHouse
Claymore Securities, Inc., today announced the launch of the Claymore China Technology ETF (NYSE Arca: CQQQ), the first ETF to focus on the Chinese technology sector. The addition of CQQQ brings Claymore’s suite of China-focused ETFs to four: China technology (NYSE Arca: CQQQ), China all-cap (NYSE Arca: YAO), China small cap (NYSE Arca: HAO) and China real estate (NYSE Arca: TAO). “We believe that the successful launch of our China all-cap ...
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