The hearing held by New York State banking regulator Benjamin M. Lawsky points to more regulation in Bitcoin's future, The New York Times The Dealbook reported.
North America
Microsoft invests $15M in Foursquare, inks licensing deal for location-based data
Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.
California-based Primus Power snags $20M in Series C round
Primus Power, a provider of low-cost grid-scale energy storage solutions, bagged $20 million for the first close of its Series C round led by South Africa-based Anglo American Platinum Ltd.
Tech company giants start unveiling details on secret government requests for data
In a bid to show that their participation in the surveillance efforts of the government was limited, Facebook, Microsoft, Yahoo and Google started to publish details on the number of government requests for data, Reuters reported.
New York social intelligence startup 4C snags $5M in venture capital
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
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New York, US-based education solutions provider McGraw-Hill Education purchased Los Angeles, California-based online curriculum tool developer Engrade for an undisclosed amount to meet the increasing demand for digital educational content.
If you've always wanted to own a franchise of Forever Yogurt but can't afford to, CrowdFranchise.com allows prospective investors to become an owner for as low as $1,000.
Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.
Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
USA Hockey uses Intelligym, a game-like program that helps improve mental performance and team work, to train the U17 and U18 teams for the 2014 Sochi Winter Olympics.
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
Democrats of both the House and Senate have filed The Open Internet Preservation Act today in a bid to bring back net neutrality, TechCrunch reported.
