Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.
Consumer Web/Social Media
Colorado-based health firm Welltok secures $22.1M in Series C round
Denver, US-based health management firm Welltok secured $22.1 million in a Series C funding round led by New Enterprise Associates to build a new application that will encourage consumers to maintain a healthy lifestyle.
Snapchat gets hacked by smoothie enthusiast
California, US-based mobile messaging app Snapchat was victimized again by a hacking attack that affected several accounts and sent spam photos of a fruit smoothie.
New York startup Datacoup wants your data for $8 a month
New York, US-based personal data exchange startup Datacoup is running a beta trial where people are paid $8 a month in exchange of access to their social media account and credit and debit card transactions, with the data collected to be sold to advertisers.
Social commerce site Tapiture secures $2.25M in seed round
Tapiture, a site where users can access millions of their favorite things, received $2.25 million for its seed funding round from various investors, TechCrunch reported.
Latest News
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
Google announced today that its media streaming dongle, Chromecast, now supports YouTube videos that are embedded on the page, eliminating the need to navigate to the YouTube site or mobile app in order to flick videos to the TV screen.
Yahoo chief executive Marissa Mayer on Friday announced the Internet corporation's partnership with San Francisco-based online business reviews website Yelp. The cooperation reportedly will put Yahoo in a position capable of competing with search engine giant Google.
LinkedIn Corp., a professional networking site, has bought online recruiting startup Bright.com for $120 million via a combination of stock and cash. This is reportedly LinkedIn's largest acquisition and is expected to close by the first quarter of 2014.
Japanese gaming platform and web services provider DeNA invested an undisclosed amount in Between, a chat app for couples created by South Korean firm VCNC, to help the app become an open platform.
Thailand-based online entertainment firm Asiasoft Corporation Public Company Ltd is buying out the entire 30% stake of Philippine-based online game publisher IP E-Game in Level-Up to gain a 70% controlling stake in the latter.
Hanoi, Vietnam-based game developer Don Nguyen of dotGears took down the top-ranking mobile game Flappy Bird from both iOS and Google Play app stores today, reportedly due to the various criticisms he had been receiving in connection with the game.
Amazon Inc. started selling its Kindle online in Brazil on Friday, expanding from ebooks into retail for the first time in Latin America's biggest and most challenging ecommerce market.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
