Yahoo has purchased Los Angeles-based Dreamworks Animation-incubated mobile video app Ptch, which will shut down on January 2, 2014, in a deal with yet undisclosed financial terms.

Wikimedia Foundation Inc., operator of the world's #5 website Wikipedia, on Tuesday began its new crowdfunding campaign. The foundation seeks to raise USD50 million, up from the USD30 million it raised last year.

U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore has been tracking such information.

Social media giant is in talks for its first acquisition of a product firm in India, Bangalore-based performance analysis and monitoring tools startup Little Eye Labs.

Amazon.com Inc has no intention of bowing to pressure from striking workers in Germany and is more worried about bad weather hurting Christmas deliveries, its country head said.

Jacob Cook's private cloud project ArkOS has beaten its funding goal of USD45,000 with a total pledge of USD45,189 from 859 backers with less than a week remaining in a self-hosted crowdfunding campaign.

In its APK Teardown of the Android YouTube app, the website Android Police found "Music Pass" that hints of a possible launch of a YouTube music subscription service.

New York-based web tools and service maker Betaworks is raising a new USD20 million round of financing to build more useful services, according to the company's Chief Executive Officer.

According to Speedtest.net, 30 countries including Moldova and Uruguay have faster Internet than the United States. Google Inc. has began building its fiber network in Kansas. A nationwide Google Fiber rollout, however, may cost USD1 billion.

Cloud storage firm Box has acquired startup dLoop for an undisclosed amount, to increase security using fine-grained data analytics technology, helping Box compete better for large enterprise clients.