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Frontier Markets: A Closer Look At Mongolia

On his trip to Mongolia earlier this month, India’s super salesman Prime Minister Narendra Modi announced a $1 billion line of credit to that country to help with their infrastructure projects. It was naturally assumed that he was doing that to obtain access to their vast uranium...
Posted On 30 May 2015

Frontier Markets: A Closer Look At Mongolia

On his trip to Mongolia earlier this month, India’s super salesman Prime Minister Narendra Modi announced a $1 billion line of credit to that country to help with their infrastructure projects. It was naturally assumed that he was doing that to obtain access to their vast uranium...
Posted On 30 May 2015

Rollback of U.S. spy powers would mark post-9/11 watershed

WASHINGTON (Reuters) – At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans’ bulk telephone records, shutting down computers and sealing off warehouses of digital...
Posted On 30 May 2015

Cypress ups ISSI buyout offer to $20.25 per share, beats Uphill deal

(Reuters) – Cypress Semiconductor Corp raised its offer to buy Integrated Silicon Solution Inc to $20.25 per share, beating Uphill Investment Co’s increased offer made earlier on Friday. Source
Posted On 30 May 2015

Silk Road website creator gets life term for drug plot

NEW YORK (Reuters) – The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. Source
Posted On 30 May 2015

TCV seeks to sell stake in marketing firm Merkle: sources

(Reuters) – Technology Crossover Ventures (TCV) is exploring a sale of its minority stake in Merkle Inc, in a deal that could value the fast-growing marketing technology company at more than $1 billion, according to people familiar with the matter. Source
Posted On 30 May 2015

Airbus Group starts $150 million venture fund, Silicon Valley base

PARIS (Reuters) – Airbus Group announced the creation of a $150 million venture capital fund and said it had hired a Google executive to run a new center in Silicon Valley as it seeks to wave a digital wand over its heavy-manufacturing culture. Source
Posted On 30 May 2015

Intel close to deal to buy Altera for $16 billion: sources

(Reuters) – Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. Source
Posted On 30 May 2015

Vodafone, Wind sign letter of intent for Italy fiber-optic network

MILAN (Reuters) – Britain’s Vodafone and Vimpelcom’s Italian mobile phone unit Wind have signed a letter of intent with shareholders of broadband firm Metroweb to build a fiber-optic network in Italy, the companies said in a joint statement. Source
Posted On 30 May 2015

Apple buys German augmented-reality software maker Metaio

FRANKFURT (Reuters) – Apple Inc has acquired Metaio, a German company whose technology melds real-world imagery and computer-generated elements into moving video presentations, according to a corporate filing. Source
Posted On 30 May 2015