Wednesday was a fairly busy day for deals, with old-industry blue chipper GE investing big into a new platform as a service company, Yahoo Japan investing in U.S. startups, and API management company 3scale announcing new funding to grow faster.
The goal: To make American startups interested in doing business in Japan.
The joint venture will bring about social games on smartphones.
Criteo raises $38.556 million to make display ads temptingly relevant.
Due to deal talks breaking down, Yahoo may be losing $17 billion worth of Asian asset sales.
Yahoo co-founder and former CEO Jerry Yang has resigned from the Yahoo board of directors and all other positions, the company announced late today. Yang also resigned from the boards of Yahoo Japan and Alibaba Group.
Oh, how the mighty have fallen: Yahoo is selling back most of its shares in Asian powerhouses Alibaba and SoftBank. It’s even losing Yahoo Japan.
Twitter on Tuesday announced it has formed a partnership with Yahoo Japan that will allow Yahoo customers to see real-time Twitter results integrated with search results. Tweets will be integrated into various Yahoo services, beginning with real-time results pages.