San Francisco, California-based startup Snippit pocketed $500,000 in an internal family seed round to launch an app that lets users add a music clip to photos.

San Francisco, California-based mobile video advertising startup Vungle snagged $17 million in a Series B funding round led by Thomvest Ventures to build monetization tools for developers of mobile apps.

Tokyo, Japan-based Bitcoin exchange Mt Gox announced on its site that it temporarily halted Bitcoin withdrawals to resolve a technical problem that arose from the increased withdrawal traffic.

San Francisco, US-based firm Inzopa launched a platform that simplifies the process of home financing by connecting homebuyers with real estate agents, mortgage brokers, and lenders.

American software company PressFriendly built a platform that works like a virtual PR team for startups and orient them on what they should do before sending a sales pitch to potential customers.

San Francisco, US-based online real-time restaurant reservation platform OpenTable acquired Palo Alto, California-based personalized recommendations app maker Ness Computing in a deal valued at $17.3 million.

Facebook launched an individualized and automated "Look Back" video feature in time for its 10th anniversary, but a source said the social networking giant will be releasing an edit tool to allow users to customize the photos included in the clip.

Glassdoor, the leading jobs and career community, today announced it has strengthened its executive leadership team with the appointment of Adam C. Spiegel as chief financial officer.

Google advertising executive Susan Wojcicki is reportedly being promoted to chief position at YouTube to improve the latter's video ad revenue, according to The Information.

Secret British spy unit Joint Threat Research Intelligent Group (JTRIG) launched a distributed denial of service (DDOS) attack on US-based hacktivist group Anonymous' Internet chat rooms, according to leaked NSA documents obtained by NBC News.