srijeda, 19. kolovoza 2015.

WELCOME ISLAND DRVENIK MALI, REPUBLIC CROATIA


Welcome to Drvenik Mali!





















Get ready for 51 Things You Can Do with Peeps After Easter the movie! It was announced today that NBCUniversal is making a $200 million investment in BuzzFeed. In an email sent to employees this morning, BuzzFeed founder and CEO Jonah Peretti said, “The investment from NBCU and our rapidly growing revenue assures our financial independence, allowing us to grow and invest without pressure to chase short-term revenue or rush an IPO. Our independence and a long-term focus align us with our readers and viewers and help us deliver the best possible service for our audience.” Read more about it here. [Related: 5 Ways to Recharge Your Job Search This Fall] Trogir Riviera belongs to the most indented part of the Dalmatian coast, and stretches from Resnik on east to Sicenica bay on the west. Trogir Riviera consists of Trogir, Ciovo, Marina, Seget Donji, Seget Vranjica, Sevid and Vinisce. The coastline is characterized by lush Mediterranean vegetation, numerous bays, inlets and islands. Some of the islands of the Trogir Riviera are Drvenik Mali and Drvenik Veliki. Drvenik Mali, or as it is called by the natives the Island of Ploce is an island in Split-Dalmatia County. It is located about 10 nautical miles southwest from Trogir, and west from the island of Veliki Drvenik, from which is separated by the Strait of Drvenik door. The island is separated from the mainland by a channel that carries the name of the island and is called Drvenik Channel. Drvenik Mali has a surface of about 3.43km² and is inhabited mainly in central and eastern parts. The population does not exceed 50 - 60 people that are mostly concentrated in few villages. The main settlement on the island called Borak is a small settlement of scattered type. Beside Borak there are few other settlements like: Vela Rina, Mala Rina, Petomavar, Dolici and a little farther off the coast Velika and Mala Kuknara.The central location of all social and economic activities on the island is the port Borak that uses its slightly indented area on the northeast coast of the island with a pier for the local ship and ferry connection, and for other small fishing and tourist boats. More recently on the island was built the first paved road several hundred meters long in the direction of Borak-bay Vela Rina. Another extremely attractive village on the island is already mentioned Vela Rina, which is located on the south side of Drvenik Mali, on the bottom of the homonymous bay with a wonderful sandy beach. Drvenik Mali is surrounded by beautiful beaches and clear sea. The island has retained its original appearance and has successfully avoided the devastation often caused by modern construction. The island is rich with lush Mediterranean vegetation and is almost entirely "covered" in different cultures, olive groves and carobs of superior quality. The island has a highly indented coastline, rich in shallow water which makes it suitable for fishing and diving. North side of the island is bare and inaccessible, while the south side is framed by lush vegetation, pine trees and underbrush. The island has a shop, restaurant and bar, and is very well connected with the mainland. Drvenik Mali is an island of peace, tranquility, unique natural beauty and exceptionally clear sea. This is the perfect destination for a vacation "away from civilization“ and is a real challenge for all modern Robinsons. If you are looking for a rich and lush Mediterranean vegetation, original ambiance and authentic island atmosphere, Drvenik Mali is the right place for you!

http://www.adriagate.com/Croatia-en/Drvenik-Mali-island-Drvenik-Mali

 
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A Cold Case Murder, the Movie 'Jaws,' and the Dubious Value of Internet Sleuthing
Chelsea Manning Found Guilty Over 'Contraband' — But Won’t Face Solitary Confinement
Pope Francis Isn't the Only Religious Leader Calling for Action on Climate Change
This KKK Guy Tried to Build an X-Ray Weapon To Kill Muslims and Obama, Feds Say
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‘A big ‘f*** you’: Trump wants Fox News’ pollster fired after his anti-Trump profanity-laced tirade
It’s safe to say there’s no love lost between Donald Trump and Fox News pollster Frank Luntz, and that was before Luntz unleashed a profanity-laden tirade . . .
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Rosie O’Donnell’s daughter found safe, birth mother blames Rosie
Rosie O’Donnell thanked those who helped search for her missing 17-year-old daughter Chelsea, who she said was safely found Tuesday.
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Coulter hates Fiorina ‘with hot, hot hate of 1,000 suns,’ but why?
Ann Coulter is no fan of Carly Fiorina since the 2016 Republican presidential candidate disagreed with Donald Trump’s plan to revoke birthright citizenship.
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Hillary shrugs! Wiping server question a big joke: ‘Like with a cloth or something?’
Hillary Clinton mined some pure comedy gold–she was trying to be serious–in her reaction to a reporter’s persistent questions about her email server.
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Sick, disturbing Scott Walker picture drawing outrage on Facebook
A Wisconsin woman is getting a lot of flack for posting a disturbing picture of a decapitated Gov. Scott Walker in a pro-environment Facebook group.
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Florida Five: Grayson lies about Murphy’s record, Bill puts legislators on Medicaid
Five of today’s top Florida political stories at your fingertips, plus watch Marco Rubio whack a kid in the head with a football.
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SOCIAL MEDIA PICK: Obsessed men are flocking to McDonald’s in Taiwan just to see this woman’s perfect face
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The Daily Signal
Aug. 19, 2015
NEWS

Half of Americans Haven't Seen the Planned Parenthood Videos. Here's What They Need to Know.


With Planned Parenthood under fire after undercover videos showed high-ranking employees discussing the sale of fetal organs, The Daily Signal has a rundown of what you need to know.
Watch the Video
NEWS

These 10 LGBTQ Organizations Are About to Receive a Special Delivery From the Oregon Bakers

The effort is an attempt by Aaron and Melissa Klein, who were fined $135,000 by Oregon after refusing to make a cake for a lesbian wedding, to show the LGBTQ community "we really do love you."
Read More
COMMENTARY

4 Reasons Obama's New Methane Emission Regulations Don't Make Sense

Let's start with this: Methane emissions are not harmful in the United States, presenting no human health or environmental threat.
Read More
NEWS

Did This State's Powerful House Speaker Overreach on Firefighter Overtime?

Taxpayers won a key battle with government unions this summer when one of Rhode Island's top politicians withdrew two measures that would have financially rewarded career firefighters, reformers say.
Read More
COMMENTARY

How US Sugar Policies Just Helped America Lose 600 Jobs

U.S. trade barriers currently require Americans to pay twice the average world prices for sugar.
Read More
NEWS

How High Are Property Taxes in Your State? This Map Has the Answer

New Jersey has the highest rate, with Illinois in second place.
Read More
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Business Bizwrap
August 18, 2015

DJIA 17,511.34 -33.84
NASDAQ 5,059.35 -32.35 | S&P 2,096.92 -5.52


TOP BUSINESS NEWS

Michael Jordan on his life of success: 'I'm not complaining'Michael Jordan on his life of success: 'I'm not complaining'
He took the stand in federal court in his lawsuit against defunct supermarket chain Dominick's.
Chicago-area gas price spike biggest since 2005Chicago-area gas price spike biggest since 2005
Average regular gas prices in Chicago rose to $3.37 per gallon, up 68 cents.
Sweet Pete's enters Chicago marketSweet Pete's enters Chicago market
Reality TV star Marcus Lemonis plans to convert a Lake Forest boutique into the area's first Sweet Pete's Candy store.
Walgreens laying off 270 Chicago office workersWalgreens laying off 270 Chicago office workers
American Airlines in Chicago starts 787 service to JapanAmerican Airlines in Chicago starts 787 service to Japan
Inaugural flight will use a customer-pleasing Boeing Dreamliner.
Tooth fairy payout falls for second year in a rowTooth fairy payout falls for second year in a row
The going rate for a tooth under the pillow just isn't what it used to be.
Labor Day air travel expected to rise 3 percentLabor Day air travel expected to rise 3 percent
Strong demand and low fuel prices are driving prosperity for the airline industry.
Chicago business hires and promotionsChicago business hires and promotions

THE LADDER

HEADING OUT

Partly cloudy, but temperatures break 60High 83, low 71
Showers and thunderstorms.




Breaking business


Walgreens, Unilever campaign aims to bring clean water to KenyaWalgreens, Unilever campaign aims to bring clean water to Kenya

Labor Day air travel expected to rise 3 percentLabor Day air travel expected to rise 3 percent

Columnists


Melissa HarrisMELISSA HARRIS
An MBA experience of a lifetime: Building a company from scratch

Rex HuppkeREX HUPPKE
Be Happier at Work With Rex Huppke's 5 Easy Steps

Gail MarksJarvisGAIL MARKSJARVIS
Investors shake off concerns of manufacturing plunge

Phil RosenthalPHIL ROSENTHAL
Tinder's one-night stand on Twitter vs. Vanity Fair hookup piece



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MOBILE TECHNOLOGY
Samsung Galaxy Note 5 vs. Galaxy S6 Edge+
The Samsung Galaxy Note 5 and Galaxy S6 edge+ are almost the same device ... but not quite. Let's break down their many similarities and few key differences. read more
HEALTH AND WELLBEING
Review: Sleepace RestOn lets you know how you're sleeping
The Sleepace RestOn sleep monitor is designed to unravel all the mysteries of the night using a sensitive monitor and sleep app. Gizmag notched up some early nights to see how the system performed.  read more
AROUND THE HOME
Ferrolic uses ferrofluid to tell the time
Ferrolic uses ferrofluid to tell the time. This mysterious liquid reacts to electromagnets, meaning it can be manipulated to form numbers like an ever-evolving Rorschach test.  read more
ARCHITECTURE
BIG crowdfunds steam ring generator for ski slope power plant
Back in 2011, we reported on BIG's waste-to-power station near Copenhagen. It will boast a ski-slope and an installation that expels a steam ring every time a ton of carbon dioxide is produced. The Danish firm has turned to Kickstarter to get the steam ring generator installation up and running.  read more
CHILDREN
Kurio Smart tablet is like a Microsoft Surface for kids
The Kurio Smart is a child-focused tablet which will let children do their homework (sorry kids) as well as play games and watch their favorite shows. The device runs Windows, comes with Microsoft Office, and features a detachable keyboard.  read more
AUTOMOTIVE
New Lexus GS models can read road signs and automatically avoid obstacles
Lexus has shown off its new new 2016 GS range. In addition to the existing GS 350 and GS 450h models, a new GS 200t has been added to the line. As well as updated styling, the new GS models feature a number of intelligent safety features.  read more
SCIENCE
Sensor detects sound direction and cuts background noise
Researchers at Duke University have developed a prototype sensor that’s not only able to figure out the direction of a particular sound, but can also extract it from background noise. The disk-shaped device is made of plastic and doesn't have any electronic or moving parts.  read more
HEALTH AND WELLBEING
FDA ticks off on drug to boost female libido
The first ever drug to boost libido in women has been approved by the Food and Drug Administration (FDA), after three 24-week trials showed it to offer an increase in sexual desire in premenopausal women.  read more
SCIENCE
Edible coating more than doubles strawberry shelf life
In a move that may save many a shortcake, scientists at the University San Nicolás de los Garza in Mexico have developed an edible coating made from pectin that preserves strawberries for longer without affecting their taste.  read more
DIGITAL CAMERAS
Slick motorized GoPro stabilizer is ready to get wet
Although the GoPro’s wide-angle lens already does a good job at smoothing footage out, some shakes do still make it through when shooting particularly "bumpy" activities. The Slick motorized stabilizing rig helps with those, plus it's waterproof.  read more
SPACE
NASA issues boarding call to take your name to Mars
NASA is now accepting submissions from members of the public who'd like their names recorded on a silicon microchip and shuttled to the Red Planet onboard the InSight Mars lander launching next year.  read more
ROBOTICS
Flashing LEDs facilitate brain-controlled exoskeleton
Scientists working at Korea University (KU) and Technische Universität Berlin (TU Berlin), have created a hands-free brain-computer interface to control a lower limb exoskeleton by decoding signals from the wearer’s brain.  read more
OUTDOORS
ParaWallet puts survival in your pocket
Survival has been migrating out of backpacks and dedicated kits and into everyday things. Now it's available in an even more essential piece of everyday carry: the wallet. The ParaWallet wraps your $5 and $10 bills in knot-tying, fire-starting capabilities.  read more
GOOD THINKING
Cleaner-burning cookstove creates its own flame-fanning electricity
Cooking fires are a major source of health problems for millions of people in developing nations, who use them on a daily basis. In an effort to address the problem, RTI International has developed a cook stove that burns cleaner … and that powers gadgets.  read more
MILITARY
Passive exoskeleton to lighten the load for soldiers
Soldiers often have to carry over 100 lb (45 kg) of gear in a backpack, for several hours at a time. That’s why engineers at the Australia’s Department of Defence have developed a new exoskeleton, that diverts two thirds of pack weight directly to the ground.  read more
SCIENCE
Snake skin-inspired steel could lead to better hard drives
Researchers at the Karlsruhe Institute of Technology (KIT) have figured out how to potentially use the structure of snake scales to enhance everything from hip prostheses to computer hard disks.  read more
MOBILE TECHNOLOGY
This credit card-sized Bluetooth device gives your phone a second number
If you use a smartphone for work and you don't have access to a dual-SIM handset, this usually means carrying two phones around. A new device aims to provide a simple alternative: Piece is an adapter that allows two phone numbers to be used with one phone. read more
COMPUTERS
Google launches OnHub, its vision of the ultimate router
The humble home router may not have the same kind of buzz associated with smartphones, but it's still a very important bit of kit. Google today announced its very own take on the router: Called OnHub and built by TP-Link, it's designed to provide a secure, simple internet experience for everyone.  read more
AIRCRAFT
Boeing patents a drone that turns into a submarine
Boeing has been given a patent for a new kind of amphibious drone that's like something straight out of a classic spy movie. The aeronautics giant has a novel design for an unmanned aerial drone that can spontaneously convert into an unmanned submarine and go for a dive.  read more
WEARABLE ELECTRONICS
Misfit's latest Shine fitness tracker logs your swims
The Speedo Shine is a new version of Misfit's tiny fitness tracker, which was launched all the way back in 2013. Unlike the original release, the new tracker is aimed at swimming, offering accurate tracking for any stroke type.  read more
TINY HOUSES
Elevate puts a tiny house on a pedestal
Honolulu, Hawaii-based Elevate recently revealed an interesting eponymous prototype structure that could appeal to fans of both tiny houses and treehouses. Raised between 8 - 12 ft (2.4 - 3.6 m) on a pedestal, the greenery-covered dwelling boasts solar panels and a rainwater collection system.  read more
GAMES
Think you can beat the world's largest version of Minesweeper?
If you're anything like us, you'll have some fond memories of wasting countless hours playing Minesweeper back in the 90s, but did you ever wish it was more challenging. Well, your prayers have been answered with the creation of the largest version of the game ever built.   read more
COMPUTERS
Parallels 11 supports Windows 10 with always-on Cortana
The new version of popular virtual machine software Parallels has arrived, bringing with it support for new operating systems, as well as an always-on Cortana. This latest release is also reportedly significantly quicker than previous entries, with speed increases of up to 50 percent.   read more
MOBILE TECHNOLOGY
Google to roll out Android One in Africa
Google has announced that Android One is expanding to Africa. The program, aimed at making "high-quality smartphones accessible to as many people as possible," will roll-out in Nigeria next, with the launch of the Infinix Hot 2 smartphone. Ghana, Ivory Coast, Kenya, Egypt and Morocco will follow.  read more
SPECIAL PROMOTION FOR GIZMAG READERS
A Private Secondard Phone Number for your Smartphone at 83%
Hushed will provide that and much, much more by delivering a private phone number with the area code of your choice. Make calls, send texts and photos, even set up a personalized voicemail for your second set of digits. With numbers available for area codes throughout North America, Hushed is also an unmatched calling solution for communicating long-distance at local prices.  read more


EIN NEWS EDITORS' PICKS | AUGUST 19, 2015


Press Releases

Aug 18, 2015 - 17:00 GMT

BB King Investigation Intensifies


Events

For the latest updates, go to NYTimes.com/DealBook
WEDNESDAY, AUGUST 19, 2015
TODAY'S TOP HEADLINES

M & A Motorola Said To Be in Advanced Talks to Buy Airwave Solutions

INVESTMENT BANKING Breakingviews: BB&T Is New Deal-Making Powerhouse in Banking

HEDGE FUNDS Alibaba Joins Forces With Chinese Arms Maker

VENTURE CAPITAL Korean Sovereign Fund Said to Ask Elliott to Stop Investing in Korea

LEGAL/REGULATORY Target Reaches Agreement With Visa Over Data Breach

For the latest updates, go to NYTimes.com/DealBook
ADVERTISEMENT
BY AMIE TSANG
CHINA KEEPS INVESTORS GUESSING China continues toenchant Wall Street, despite its tumultuous and uncertain nature,Alexandra Stevenson writes in DealBook. "You could be dead right in the thesis and you won't make money," said Troy Gayeski, a senior portfolio manager at SkyBridge Capital, an investment firm that has $9.4 billion invested in hedge funds.

Some of Wall Street's best-known investors were singing China's praises at the beginning of the year. As the market soared, many hedge funds rode the bull run, raking in profits and posting double-digit returns.

The markets took a sharp turn in late June, with stocks 30 percent off their highs at one point. By the end of July, the capital devoted to Asia-focused hedge funds had dropped by $10 billion as investors ran for the exits, according to the research firm HFR.

Investors got blindsided by some of the government's measures to stop the slide, including a ban on "malicious short-selling." Stuck in limbo, hedge fund managers said they were unsure how they fared in the chaos.

The devaluation of the currency last week raised even more concerns about the economy. Yet China remains attractive for some. And investors ultimately know they cannot ignore China, given its size and influence.

The billionaire hedge fund manager Julian H. Robertson announced last week that he was putting money into Yulan Capital Management, a firm that focuses on companies in the greater China region. CDIB Capital International Corporation, the private equity arm of China Development Financial, recently raised $405 million for a fund focused on private equity in China and other Asian markets.

Wall Street investors are also finding new ways to play the turmoil. Penso Advisors, a hedge fund adviser, scoped out currencies that were affected by the renminbi devaluation in an attempt to profit from the shock waves.

But Chinese markets remain enigmatic, even to those who have seen opportunities in it. "People want to play China, but it's much harder to play China because you don't know the rules and they change all the time," said Ari Bergmann, founder of Penso Advisors, referring to capital controls there.

Ray Dalio, the founder of the world's biggest hedge fund, the $160 billion Bridgewater Associates, recently tempered his enthusiasm for China. "Even those who haven't lost money in stocks will be affected psychologically by events, and those effects will have a depressive effect on economic activity," Bridgewater said in its July note to investors.

Chinese stocks continued their volatility on Wednesday, falling 3 percent in morning trading in Shanghai before finishing the day more than 1 percent higher. The session "made little sense other than to highlight that investors have almost no faith in a monthlong government effort to stabilize them,"according to Reuters.
BNY MELLON SETTLES INTERN BRIBERY CASE The Securities and Exchange Commission settled a foreign bribery case with Bank of New York Mellon, accusing the bank of doling out internships to appease officials at a Middle Eastern sovereign wealth fund, Michael J. de la Merced reports in DealBook. The regulator said the bank had violated the Foreign Corrupt Practices Act by giving internships to the relatives of two officials at the investment fund. According to the S.E.C.'s administrative filing, the bank has agreed to pay $14.8 million to settle the matter.

The handing out of coveted work positions on Wall Street has already come under scrutiny, including moves by other banks to hire the children of top Chinese government officials.

The S.E.C. argued that the internships were awarded not based on merit, but to satisfy the investment fund, which gave the bank about $711 million in assets to manage. The regulator said it showed that BNY Mellon lacked the necessary controls to avoid matters of corruption and bribing foreign officials.

The filing describes how one of the unnamed officials at the fund made a personal request to the bank in February 2010, referring to the internships as an "opportunity" for the company. He later became angry and berated bank executives for delays in winning the positions. "By not allowing the internships to take place, we potentially jeopardize our mandate," one BNY Mellon executive wrote to another.

Another executive wrote in an email: "I am working on an expensive 'favor' for [Official X] - an internship for his son and cousin (don't mention to him as this is not official)."

Ultimately, the son and the nephew of one official won spots in BNY Mellon's Boston office and were paid more than other interns who had college degrees. A human resources executive confronted them forrepeatedly missing work. Another official's son interned at the bank's London office, though that position was unpaid.
PROMONTORY FINANCIAL SETTLES WITH REGULATOR When New York State's financial regulator challenged Promontory Financial's independence, it threatened to sue. Now, the top Wall Street consultant has agreed to admit that its actions on behalf of a big British bank did not meet consulting requirements, Ben Protess and Jessica Silver-Greenberg report in DealBook.

The firm has been under investigation for two years over its work for Standard Chartered, which was under investigation on suspicion of processing transactions on behalf of Iran and other countries under sanctions. Standard Chartered hired Promontory to conduct an"independent" assessment of the misconduct, and then detail its findings to government authorities. The regulator pointed to internal emails that called that independence into question.

Had Promontory sued, it would have been the first significant challenge to the Department of Financial Services, which was created just four years ago. The regulator has gained a reputation as a thorn in the side of Wall Street, often extracting hundreds of millions of dollars from banks that pay far less to settle with the federal authorities.

This case is the latest in a series of black marks for the consulting industry, after the Department of Financial Services accused Promontory's main competitors, PricewaterhouseCoopers and Deloitte, of failing to exhibit independence when reviewing certain bank misdeeds.

Promontory has agreed to abstain from certain consulting arrangements in New York for six months, a shorter period than expected. The firm has also agreed to pay a $15 million penalty.
ON THE AGENDA Lowe's Companies will hold a conference call on its second-quarter earnings at 9 a.m. Target's earnings call starts at 10:30 a.m. Consumer price index data for July will be released at 8:30 a.m. The Federal Reserve releases the minutes from the Federal Open Market Committee meeting of July 28-29 at 2 p.m.
THE WECHAT OF THE WEST Kik, the messaging app that has long aspired to become the Western equivalent of WeChat, has secured $50 million in funding from WeChat's parent company, Michael J. de la Merced reports in DealBook. The investment from Tencent values Kik at $1 billion.

Companies like Kik, Viber and Tango have sought to ride the wave of popularity that propelled WhatsApp to a $21.8 billion sale to Facebook and buoyed the valuation of Snapchat to $15 billion.

WeChat is hugely popular in China and lets users book taxis and send payments, as well as talk to their friends. Kik has been vocal about becoming a similar internet hub.

This means focusing on younger users. Kik claims that 40 percent of American teenagers use its app, and that 70 percent of its 240 million registered users are between 13 and 24 years old. Getting users early on means they will be more comfortable using add-on services later.

Ted Livingston, Kik's founder and chief executive, says the company is taking an approach similar to that of WeChat, which serviced as a gateway for many first-time Chinese Internet users and then added more features tokeep them coming back.
MERGERS & ACQUISITIONS »
Motorola Said To Be in Advanced Talks to Buy Airwave Solutions Motorola Solutions is in advanced talks to acquire Airwave Solutions, a British communication services provider, as it seeks to build its software and services business, Bloomberg News reports, citing people with knowledge of the matter.
A.I.G. Sells Stake in AerCap American International Group raised net proceeds of about $500 million selling stock of AerCap Holdings, completing its departure from the airplane-leasing business.
INVESTMENT BANKING »
Breakingviews: BB&T Is New Deal-Making Powerhouse in Banking BB&T's $1.8 billion acquisition of National Penn is its fourth deal in a year. The longer that other banks stay on the sidelines, the more it will look as if they fear rejection.
Being a China-Connected Banker Isn't What It Used To BeBankers with decades of experience in China have left in the past year as the deal-making business in China has become tougher and as global banks have faced shareholder pressure to improve profits.
For the latest updates, go to NYTimes.com/DealBook
ADVERTISEMENT
HEDGE FUNDS »
Korean Sovereign Fund Said to Ask Elliott to Stop Investing in Korea Korean Investment Corporation, which invested $50 million in Elliott in October 2010 and has seen its stake appreciate by roughly 40 percent, is concerned about the risk of bad publicity by being associated with unwelcome overtures for Korean interests, The Wall Street Journal reports, citing a person with direct knowledge of the matter.
VENTURE CAPITAL »
Alibaba Joins Forces With Chinese Arms Maker Norinco, a state-owned arms and machinery maker that has been under sanction by Washington, will work with Alibaba in a satellite navigation project.
Brian Chesky, the chief executive of Airbnb, which has begun a push to expand its operations in China and increase its use by Chinese travelers..
Airbnb Seeks to Expand in China With Local Help The start-up is working with local venture capital firms to expand in China, its fastest-growing market, mimicking LinkedIn's strategy for doing business there.
Mike Curtis, vice president for engineering at Airbnb, said new hires were drawn to the youth of the company, which was founded in 2008.
Upstarts Raid Giants for Talent in Silicon ValleyUnicorns, start-ups like Uber and Airbnb valued at $1 billion or more, are hiring people from the likes of Google, especially in fields like mapping.
Alibaba and Foxconn Invest in Snapdeal Snapdeal.com said it raised $500 million from investors including Alibaba, Foxconn and SoftBank, in a fundraising round that valued the Indian electronic-commerce company at $5 billion.
Asian Taxi-Hailing Start-Ups Give Uber a Run for Its MoneyThree Asian rivals to Uber have attracted large sums of fresh capital in recent months, bringing their total fundraising to $5.8 billion, according to data from CBI Insights and The Wall Street Journal.
Uber Gets Investment From Tata Fund to Expand in India The investment by Tata Opportunities Fund will allow Uber to leverage its network in India.
SpotHero Raises $20 million to Let People Park Their Own CarsThe Chicago-based start-up, whose mobile app drivers can use to reserve a parking spot near their destination, announced on Wednesday that it had raised $20 million in its latest round of funding.
Samsung and Wipro Invest in A.I. Start-Up Samsung Electronics and Wipro's venture arms have invested in Vicarious, an artificial intelligence start-up, in an effort to add machine-learning technology to their products.
LEGAL/REGULATORY »
Target Reaches Agreement With Visa Over Data Breach Target said it reached an agreement with Visa card issuers to reimburse the costs related to a data breach at the retailer in 2013, Reuters reports.
Goldman Gains Approval to Access Bank of England Funding Its British subsidiary gained access to the Sterling Monetary Framework, to which the Bank of England widened access in an effort to provide liquidity to more firms in the event of a crisis.

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