Canvas Venture Fund, an early-stage investment firm spun out of established venture player Morgenthaler Ventures, has landed its first general partner from outside the Morgenthaler fold.
Sectors
China tech firms gain from cyber barbs, Snowden revelations
Chinese software companies such as Neusoft Corp and China National Software & Service Co Ltd (ChinaSoft) are picking up sales and expanding their marketing as China trades cyber spying accusations with the United States.
Facebook's Zuckerberg pledges $120 million to Bay Area schools
Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have pledged $120 million to Bay Area schools to help underserved communities in San Francisco, the two wrote in an essay to the San Jose Mercury News.
Turkish telecoms watchdog says waiting on ruling to unblock YouTube
Turkish telecoms watchdog BTK said on Friday it had not yet received a ruling by Turkey's top court ordering the removal of a two-month block on video-sharing website YouTube
Apple to acquire Beats for $3 billion
Apple regains its cool by acquiring Beats and signing on board the biggest figures in today's music: Dr. Dre and Jimmy Iovine.
Latest News
German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday.
The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters.
Omnicom Group Inc's (OMC.N) media services division signed a deal worth $230 million with Twitter Inc (TWTR.N) that will integrate Omnicom's automated ad buying unit Accuen with Twitter's mobile ad exchange MoPub.
Twitter Inc's messaging service will have close to 400 million global users by 2018, mostly in Asia, Latin American and the Middle East, consulting firm eMarketer estimated on Tuesday, far short of the 1 billion once expected.
Led by Massachusetts Governor Deval L. Patrick, a delegation of top industry executives and economic development officials, including Aptima Chairman Daniel Serfaty, are visiting Israel from May 27 to May 29, 2014. The "Innovation Partnership Mission" is focused on expanding avenues of collaboration between the entrepreneurial sectors of Massachusetts and that of Israel in order to advance technology investment and job growth.
Europe needs to sort out its fragmented telecoms market and regulatory imbalances if it is to spur a new generation of technology start-ups and create its own version of America's Silicon Valley.
Business intelligence software provider SiSense said it expects sales to triple in 2014, boosted by soaring demand from small- and medium-sized businesses seeking to analyze growing amounts of data.
Canada, following the lead of the United States and the European Union, on Monday relaxed official restrictions on using mobile devices in flight while maintaining a ban on transmitting information.
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
