Consumer Web/Social Media

Facebook's annual hackathon kicks off in California today

Menlo Park, US-based social media giant Facebook will be kicking off its yearly Hacker Cup competition at the company's head office today with 25 participants from North America, Asia, and Europe.


Germans switch to Swiss messaging startup Threema for absolute privacy

Within just 24 hours, Zurich, Switzerland-based encrypted messaging startup Threema soared to the top of Germany's paid App Store chart due to a 200,000 subscriber addition, 80% of which are in Germany.

Amazon to rename European streaming video service LoveFilm as Prime Instant Video

Seattle, US-based e-commerce and digital media giant Amazon will rename its London-based streaming video service LoveFilm as Prime Instant Video in Germany and the UK starting February 26.

Canadian parcel pickup firm BufferBox shuts down standalone service in US and Canada to integrate into Google

Waterloo, Canada-based parcel pickup startup BufferBox is shutting down its standalone service in the US and Canada beginning March 31 to integrate it into Google Shopping products such as Google Shopping Express.


Latest News

Washington, US-based e-commerce giant Amazon is scheduled to launch its Android-run TV set-top box in March to gain traction over some of its rivals in the digital media sector, according to a report by Re/Code.
US-based search giant Google acquired London, UK-based anti-malware for online advertisers Spider.io for an undisclosed amount to prevent online advertising fraud and detect attacks from malware-infected computers.
New York, US-based automatic video editing startup Magistro raised $2 million in a recent funding round and has struck a deal that will integrate its technology into the Russian social network Odnoklassniki, which is owned by Mail.ru.
China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.
New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.
Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.
Tokyo,Japan-based Internet services firm Rakuten will launch a beta version of the Singapore-based streaming video platform Viki in Japan tomorrow, just five months after the Japanese bought the platform for $200 million.
Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
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