Articles by VCPOST Staff Reporter


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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.
US-based e-commerce giant Amazon is reportedly in talks with big music companies about plans to offer its own music streaming service under it Prime membership, according to a report by Re/code citing anonymous industry sources familiar with the discussions.
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.
Stamford, Connecticut-based private consulting firm CBP bought Warren, New Jersey-based employee group benefits firm Beacon Financial Group (BFG) and has taken a majority stake in Beacon Retiree Benefits Group (BRBG) for an undisclosed sum.
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.
Chengdu, China-based photo editing mobile app Camera360 released its updated version which now has streamlined design and packed features, including one that lets users store photo data in the app's cloud service.
Hod Hasharon, Israel-based tech startup AtriNet bought itself out of its mother company, Nokia Solutions and Network's (NSN) domestic branch, for an undisclosed amount, to launch as an independent entity and continue the network technology it had developed.
Nairobi, Kenya-based private equity firm Catalyst Principal Partners acquired Dar es Salaam, Tanzania-based heavy equipment rental and logistics firm EFFCO for an undisclosed amount as part of its strategy to invest in high-growth companies in eastern Africa.
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
Burbank, US-based movie giant Warner Bros Studios is in talks with Stockholm, Switzerland-based indie game developer Mojang to make a movie based on the popular video game Minecraft, according to a Twitter post made by Mojang founder Markus Persson.
San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.
Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.
Councillors of the city of Kitchener in Ontario, Canada have agreed to shell out $1 million for the next five years to help owners of underused spaces turn their properties into a new landing pad fro startups just out from incubators.
Redwood City, California-based mobile finance app Robinhood emerged out of its private beta to let signed-up users trade stocks for free instead of paying a fee for every transaction done.
San Francisco, US-based sales communication platform ClearSlide landed $50 million in a Series C funding round led by Social+Capital Partnership to provide a service that boosts productivity of salespeople.
Helsinki, Finalnd-based chemical industry group Kemira announced that it will acquire the alkyl ketene dimer (AKD) emulsion unit of Ludwigshafen, Germany-based chemical giant for an undisclosed sum.
Melbourne, Australia-based web hosting provider Melbourne IT added Sydney-based web domain registry and web hosting firm NetRegistry in a deal valued at $50.4 million to combine two of the biggest web service businesses in the country.
Dublin, Ireland-based public investment holding company TVC Holdings offloaded 7.6 million shares in Northern Ireland-based media broadcaster UTV in a deal valued at €22.1 million, reducing its stake from 18% to 10.05%.
Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.
Paris, France-based event planning mobile app WePopp paired up with San Francisco, US-based restaurant booking app OpenTable to integrate restaurant booking service into the steps required to plan for a given event.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Chicago, US-based artist community and e-commerce site Threadless launched an iOS app for its online T-shirt and hoodie business after existing exclusively on the web for a long time.
San Francisco, US-based software development project web hosting service GitHub built a new browser-based text editor called Atom that allows developers to write and edit code at the same time in a bid to combine all the best features of the available text editors in the market.
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
Sony will shut down two-thirds of its retail outlets located across the US, with 11 out of the 31 stores near major markets to remain open, as part of its move to offload unprofitable units and reduce liabilities.
US-based payments startup Knox Payments raised $900,000 in funding from Virginia-based angel investors to launch a limited beta version of its service that allows merchants to accept direct payments from their clients' bank accounts.
Katy Perry's newest single Dark Horse has received more than 50,000 petitions online, asking the removal of the video from YouTube after petitioners claimed that Islam blasphemy was portrayed in one of its scene.
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