Cupertino, US-based tech giant Apple is mulling on launching its own on-demand music service to compete with music streaming giant Spotify as the number of downloads goes down.
North America
Oregon-based WelVU bags $1.25M in seed round
WelVU, a startup that offers a multimedia patient engagement technology platform, raised $1.25 million from unnamed investors for its initial seed funding round, VentureBeat reported.
Denver health tech firm Welltok acquires Seattle health app maker Mindbloom
Denver, US-based health tech firm Welltok Inc acquired Seattle-based health app developer Mindbloom for an undisclosed amount to establish itself in the mobile health space.
Twitter removes #Music from App Store, to pull plug on app on April 18
Twitter has taken down its Twitter #Music from the App Store and will officially pull down the curtains on the app on April 18, VentureBeat reported.
New York ad tech startup Spotfront turns down seed funding
The co-founders of New York, US-based ad tech startup Spotfront decided to turn down seed funding from strategic investors and bootstrap the firm to give them more independence in their company decisions.
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IEX Group Inc, the trading platform that aims to protect investors from predatory trading practices, received a nod of approval from one of the largest traders globally, Goldman Sachs Group, Bloomberg News reported.
Chicago, US-based big data startup Food Genius analyzes and detects future trends in the US and shares it with restaurant chains, convenient stores, and other companies to help them determine their standing or future strategy in the food market.
US District Judge Jeffrey White of San Francisco ordered that the evidence related to the lawsuits filed by a privacy rights group against the NSA's surveillance operations be kept intact, Bloomberg News reported.
Austin, Texas-based startup CitySprout is raising $2 million in its second financing round to help consumers establish a link with the local farmers who produce their food.
Heads of the six biggest Internet companies in the US met with President Barack Obama and senior White House aides to talk about the government's data collection practices, Reuters reported.
Winston-Salem, US-based specialty crop developer Technology Crops International (TCI) bought Hampshire, UK-based firm Premium Crops Ltd for an undisclosed amount to expand its product portfolio.
Jim Cicconi of AT&T said the call of Netflix CEO Reed Hastings for free internet internet connection was an "arrogant proposition" that would require everyone else except Netflix to pay, Reuters reported.
Hermosa Beach, US-based payments firm Oink found a way to let parents monitor and control their kids' in-app purchases by linking a credit card to their accounts and letting them set a purchase limit for a specified length of time.
The Australian government is considering if it should surrender Peter Phillip Nash to the US authorities after he was indicted as one of the "small support staff" of alleged Silk Road founder Ross Ulbricht, Reuters reported.
