Finance

Often I work with business owners who think their company is in need of a traditional audit. My first question for them is always…why?

In some cases, the high level of assurance of an audit is required and no other substitute will do. Third parties, like investors and lenders, may insist on assurance that the financial statements they are basing their decisions on accurately represent the state of your financial condition.

We covered ResearchGate here on TechZulu sometime back. To give you a quick refresher ResearceGate is a professional network for scientists. And they have news that they are expanding.

3D Robotics has raised over $5 million in round two funding to accelerate its growth and expansion into new markets says Chris Anderson 3DR CEO and former Editor in Chief of Wired Magazine, Entrepreneur and author.
According to Anderson, the round was led by Jon Callaghan at True Ventures and Bryce Roberts of O’Reilly AlphaTech Ventures , both joining the 3DR board.

Email marketing and cross-channel interactive marketing saas solutions provider ExactTarget has acquired Pardot, a marketing automation provider and iGoDigital, web personalization provider in a move that will revolutionize its marketing platform.

ExactTarget ,founded in 2000 and headquartered in Indianapolis injected $95.5 million for Pardot, $85.5 million of it in cash and $10.0 million in ExactTarget common stock

Just days after launching its credit card payment service, Groupon acquired Savored a leading provider of reservations with more than 1000 top restaurants across the United States using it. This is set to complement Groupon’s efforts in yield management due to its 40 percent discounts for each table .

Armed with a BSc, Chemistry from The University of Manchester, Jason Njoku, CEO and Co-founder of iROKO Partners left London for Lagos in what could have seemed a wrong move.

But Jason Njoku with his fearless determination saw success ahead, the CEO and Co-founder of Iroko Partners, world’s largest digital distributors of Nigerian music and movies, with a library of over 1600 licensed movies.

eBay has introduced a new and efficient optional way to manage returns to replace the old system after clients requests.

In a blog post, eBay says,” With a variety of return procedures, restrictions and policies, it’s often impossible to know what returning an eBay purchase will be like. Sometimes it can be fast and easy; other times it’s like pulling teeth.”

Formerly an area considered PayPal’s domain, new companies are setting up shop in the online payments sector and capitalizing on what they say is the giant’s weaknesses.

TechZulu caught up with the founders of WePay and bring you the latest.

Goko, a new HTML5 games company based in Redwood City California is set to help game developers easily distribute and monetize social games. Goko was founded by Ted Griggs as CEO and Kevin Binkley as CTO.

Goko is backed by Redpoint Ventures and Aslop Louie Partners from whom it raised raised $8m in Series A funding.

Google has confirmed it firing 20 percent of Motorola Mobility employees. A company it bought in May.

The company will also close a third of its offices worldwide. According to Google’s SEC filing on the 3rd this month and signed on the 13th 2012 Google will go ahead with and reduce the motorola unit’s 20,000 employees by 4,000 with two thirds of the cut in the US.