Following the appointment of a 30-year-old CEO last week, Japan’s social networking site Mixi, the local rival of Facebook in the country, has continued efforts to freshen up its image by investing in two local startups. Mixi disclosed its investments in CloudStudy and Reventive at a financial results briefing by incoming CEO Yusuke Asakura, according to…
Japanese e-commerce juggernaut Rakuten today announced its second investment in The Grommet, a freshly renamed online marketplace for cool products that haven’t hit the big-time yet. The capital injection gives Rakuten a majority stake in the e-commerce and product discovery website. Formerly named Daily Grommet, The Grommet digs up, curates and launches up-and-coming products with…
Japanese operator DoCoMo is cruising into the in-car intelligence industry after it announced – via ZDNet Asia — that will see it invest 5 billion yen (around $50 million) for a 7 percent share of car and home electronics specialist Pioneer. The agreement sees two companies work together to develop a cloud-based intelligent transport system (ITS) that will…
Japanese mobile gaming firm DeNA has posted record annual revenue, and its ninth straight year of increased profit. However, the results are somewhat overshadowed by signs that its prolific growth is slowing as it expands its services and presence worldwide. In response, the company is aiming to turn its Western business profitable within a year.…
Almost a year to the day since RunKeeper first announced its partnership with smartwatch-maker Pebble, it has finally rolled out a Pebble-connected incarnation of its iOS and Android app to let runners and cyclists access their vital stats directly from their wrist. Just to recap, Pebble is a slick e-paper smartwatch that connects to iPhone…
Uithoorn, The Netherlands (ots/PRNewswire) - Starting 1 September 2013, HOYA appointed Mrs. Olga Prenat as the new Dean of HOYA's Faculty Education & Experience Centre in Budapest, Hungary. Currently holding the position of Director of the Institute and Centre of Optometry in Bures sur Yvette - France, Mrs. Prenat follows up Mr. Hans Warntjes who…
With 668,000 paying digital subscribers, and revenue of $2bn in 2012, The New York Times is often held aloft as some sort of poster child of traditional news’ ability to transform into a successful digital enterprise. With that in mind, The New York Times has lifted opened the doors of its paywall ever so slightly…
Stocks are ending higher as the Dow Jones industrial average regains half of what it lost the day before. The Dow rose 55 points, or 0.4 percent, to close at 14,606 Thursday. It fell 111 points the day ...
Stock index futures rose on Thursday, signaling a rebound from the previous session's steep loss, as aggressive action by the Bank of Japan and supportive comments by U.S. officials indicated continued ...
Asian markets were down Thursday with a stronger yen hitting the Japanese market ahead of the Bank of Japan's meeting outcome. The Nikkei fell 1.7%.
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