New York, US-based startup school General Assembly scored $25 million in a recent funding round to expand its tech and entrepreneurship course offering and to build new campuses.
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London music app Shazam confirms rumored $20M funding round
London, UK-based music identification app Shazam confirmed the previously rumored $20-million financing from undisclosed investors, which will probably fund the firm's expansion and advertising efforts.
Nedbank Capital seeks new mining investment destinations in Africa
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
Turkey may ban Facebook and YouTube over alleged corruption leaks
The prime minister of Turkey, Recep Tayyip Erdogan, is planning to pass a law that will ban Facebook and YouTube in the country after recordings revealing his group's alleged corruption went viral on the Internet.
Federal judge rules in favor of commercial drones
In the absence of rules that banned the use of commercial drones, Federal Judge Patrick Geraghty has ruled that these low-flying aircraft can be used for business purposes, TechCrunch reported.
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Women-led angel investment network Angel Academe has invested in UK-based Buddybounce, a startup that seeks to help artists determine and reward their "super fans," TechCrunch reported.
Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.
Applications are now being accepted for the third round of the Presidential Innovation Fellows program, the initiative that seeks to leverage on the expertise of the technology industry to improve the lives of Americans and government operations, VentureBeat reported.
After the collapse of Bitcoin exchange, the government of Japan decided not to regulate Bitcoin transactions because they do not consider it a currency, but a commodity that will be subject to sales tax.
Workable, a developer of SME-focused cloud-based recruitment platform, secred a $1.5 million investment in its latest funding round led by Greylock Partners
DreamIt Ventures Austin has rolled out a new microfund this week together with AngelList to give additional funding to the nine startups in its accelerator program, VentureBeat reported.
Sean Parker, the first president of Facebok, broke off from California, US-based venture capital firm Founders Fund as a partner to devote more his time to his new projects.
Bloodhound has become more focused, turning away from its previous business of creating software tools for events, and launching applications that give mobile lead capture services, TechCrunch reported.
Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.
