Nikkei: Yahoo Japan will launch an asset management service steered by artificial-intelligence analysis of big data - Nikkei . The Yjam Plus Mutual Fund will be managed by an Astmax subsidiary in which Yahoo Japan invested last month - Nikkei .Initially targeting domestic stocks, Yjam Plus Mutual Fund will be marketed through banking and securities arms of Fukuoka Financial Group - Nikkei.
LVenture Group SpA : Said on Wednesday that it invested $120,000 via the conversion of bonds already subscribed in CoContest . CoContest is a startup operating a crowdfunding platform dedicated to interior design . Total amount for this round of investments in CoContest is $1.9 million .Draper Associates invested $1 million, Atlante fund $250,000, 500 Startups $100,000, and the rest of the amount was a contribution by some business angels.
Verizon Communications Inc: Verizon and Hearst announce the creation of Complex Networks .Rich Antoniello, formerly CEO of complex, will become CEO of Complex Networks.
Lventure Group SpA : Together with Angel Partner Group, invests in two tranches total 350,000 euros ($395,115.00) in the startup Manet . LVenture Group individual investment in Manet amounts to 100,000 euros .Manet develops software mobile and web-based solutions for services in the tourism and hotel sector.
Verizon Communications Inc : Launched LTE Advanced Technology To Bring 50 Percent Faster Peak Wireless Data Speeds To More Than 288 Million People In 461 Cities Source (http://vz.to/2byeWQ6) Further company coverage: [VZ.N] ((Bangalore.firstname.lastname@example.org;)).
Privanet Group Oyj : Founds management company .Aims to start the new fund in the beginning of 2017.
Ip Group Plc : Says adjusted loss before tax of £31.1m (hy15: profit of £70.1m; fy15: profit of £82.4m), excluding amortisation of intangible assets . Says capital provided to portfolio companies and projects: £12.8m (hy15: £15.1m; fy15: £75.9m) . Half-Yearly results . Says fair value of portfolio: £525.7m (hy15: £478.2m; fy15: £552.2m) .Says in shorter term there may be some brexit impact on specific portfolio company financing rounds.