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NYC's Flyby becomes first messaging app to use Google's image recognition technology

New York City, US-based messaging app Flyby becomes the first consumer-facing app to use the image recognition technology in Google's 3D mapping project called Project Tango to let users attach text and video messages to objects in the real world.


US-based fitness monitor Moov attains $40K crowdfunding target in 90 minutes

California, US-based next generation fitness tracking device Moov attained its $40,000 target within just 90 minutes and will begin shipping the pre-ordered product by summer this year.

Microsoft mulls over launching free version of Windows 8.1

Redmond, US-based tech giant Microsoft is mulling over launching a free version of the Windows 8.1 OS (operating system) or selling it for a very low price, according to a report by The Verge.

Canada-based Shopify grows from just being used snowboard-selling site to an IT powerhouse

From a website that sells used snowboards, software startup Shopify has become an IT company that powers 100,000 online stores in more than 122 countries, VentureBeat reported.


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New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.
Donna, the personal assistant app made by San Francisco, US-based mobile app creator Incredible Labs, is retiring starting February 28, just a month after search giant Yahoo acqui-hired the company.
Hulu, a platform that provides video streaming services, will be divesting its Japanese unit to Nippon Television Network Corporation after three years of operations, TechCrunch reported.
Russia fund United Capital Partners said it will be suing two shareholders of the social network Vkontakte, Mail.ru Group and Ivan Tavrin, East-West Digital News reported.
Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.
Florida, US-based insurance brokerage investor AssuredPartners Inc completed the purchase of Lexington, Kentucky-based insurance firm Creech & Stafford Insurance Agency Inc for an undisclosed amount.
John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.
Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.
London, UK-based wealth management firm Old Mutual Wealth snapped up Swindon, England-based financial adviser Intrinsic for an undisclosed amount to extend its market reach across the UK.
Tom Stoddard, a Senior Managing Director at private equity firm Blackstone Group, will be serving as the Chief Financial Officer of Britain-based insurer Aviva Plc, Reuters reported.
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