The three partners behind Celestial Tiger Entertainment are: Celestial Pictures, Saban Capital Group and Lionsgate.

Yahoo shares rose 6% on the Nasdaq stock exchange after the New York Times said the internet company was aiming to cut its Alibaba stake to 15% from 43%.

The low-end smartphone manufacturer has raised $90m in its series B round, with investment from Qualcomm and IDG.

The US-based heat to electricity conversion company has also secured backing from BP Alternative Energy and corporate-backed Energy Technology Ventures.

Broadcom is reportedly in talks to add embedded processor developer Broadlight to its stable of acquisitions.

China-based IT service provider Neusoft reaffirms its partnership with the mobile tech developer in a new round of funding.

The UK-listed telecoms company leads a $9.2m round in the Israel-based fuel cell developer .

Group-buying company Lokaly has been bought by Singtel-backed group buying technology firm Dealised.

The Intel Capital-backed memory storage chip manufacturer is reportedly a potential target for Apple, with $400m to $500m being offered.