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CloudOn raises $16M in Series B funding to move beyond ‘Office for tablets’

Technology : The Next Web Blog

CloudOn, the tablet app for creating, editing and managing Microsoft Office and Adobe documents in the cloud, has announced $16m in Series B funding as it looks to continue its mission to transform the mobile productivity space.

The world's biggest sovereign wealth fund is about to start taking more risks

Business & Finance : Business Insider: Clusterstock

Norway's Global Government Pension Fund, the biggest sovereign wealth fund in the world by assets under management, could be about to start taking a lot more risks if it follows the advice of a government-commissioned report into th...

Highland Capital Shuts Down Third Fund

Business & Finance : DealBook

Highland Capital Management said one of its hedge funds was wiped out by losses on high-risk debt securities, making it the third Highland fund to close since October. The managers and directors of Highland CDO Opportunity Fund, com...

What went wrong with Pokémon Go? Three lessons from its plummeting player numbers

Technology : Physorg: Technology news

Pokémon Go is in rapid decline. Since launching in July and soaring in popularity, it had lost at least a third of its daily users by the middle of August. By mid-September, daily revenues had fallen from US$16m per day to US$2m (ex...

Highland Capital’s Crusader Fund: The Hedge Fund Fallout Begins

Business & Finance : Business Pundit

Bloomberg covers the demise of Highland’s Crusader fund, formerly one of the biggest names in the market: Highland Capital Management LP will close its flagship Highland Crusader Fund and another hedge fund after losses on high-yiel...

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