Ingrid Lunden
Jan 13, 2011 2:40 PM
Israeli handset maker Modu—which developed the concept of a super-light, super-small smartphones that can be customised with different outer “jackets”—is understood to be shutting down. In its heyday, the company had received at least $107 million in backing from investors that included Qualcomm (NSDQ: QCOM) and SanDisk.
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Mobile, Money, Bankruptcy, M&A & Venture Capital, Companies, Google, Android, Qualcomm, Countries, Asia, India, dov moran, israel, modu, sandisk
Joseph Tartakoff
Apr 12, 2010 11:12 AM
Digital Sky Technologies, which has been busily investing hundreds of millions in American social media firms in recent months, now has a new backer of its own. Tencent, the big Chinese internet company, is investing $300 million in DST in exchange for a 10.26 percent stake; Tencent is also getting…
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Money, Bankruptcy, Social Media, Companies, Facebook, Zynga, Countries, Europe, Russia, Asia, China, digital sky technologies, tencent
David Kaplan
Feb 22, 2010 9:50 AM
After a series of delays, the Reader’s Digest Association has finally emerged from bankruptcy having reduced its debt by 75 percent, the company said. The publisher, which filed for Chapter 11 protection last August, has received $525 million in exit financing from a bond refinancing that will provide RDA with…
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Media & Publishing, Magazines, Money, Bankruptcy, readers digest
Patrick Smith
Aug 4, 2009 4:29 AM
Blast those cheapo web banners! Digital and mobile media will take a whopping 78 percent of global entertainment and media ad spend by 2013, as money shifts away from traditional media, according to new PricewaterhouseCoopers research - but online still won’t make up for the shrinkage of analogue. Although UK…
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Advertising, Media & Publishing, Magazines, Newspapers, Online News, TV, Broadcast, Money, Bankruptcy, Research & Metrics, Research
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