Alibaba is almost certain that it will not be undertaking its initial public offering in Hong Kong but in New York, according to sources interviewed by the Financial Times.
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Kaspersky Lab research says Agent.BTZ virus infected at least 400,000 computers in Russia and Europe in 2008
Kaspersky Lab published new research that the old worm known as Agent.BTZ infected at least 400,000 computers in Russia and Europe after breaching the Central Command of the US military, Reuters reported.
Overstock's Bitcoin sales range from $20K to $30K per day and growing
Chief Executive Officer Patrick Byrne of Overstock said they are recording $20,000 to $30,000 worth of Bitcoin transactions per day and growing, Business Insider reported.
Silicon Valley startup Matterport to launch new 3D modeling technology
Mountain View, US-based 3D reconstruction firm Matterport is set to release a camera and technology that professional photographers and real estate firms can use to create 3D models of interior and outdoor spaces.
US-based micro investing app Acorns raises $5.5M in Series B funding
Newport Beach, US-based micro investing app Acorns raised $5.5 million in a Series B funding round led by Jacobs Asset Management to let people invest in index funds using their spare change.
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Trulioo has obtained $6 million for its Series A round led by Trulioo has obtained $6 million in its Series A funding round, TechCrunch reported. Tenfore Holdings led the round for the identity verification startup.
Unified digital platform Omniata secured $5.2 million for its Series A round led by Nordic venture capital firm Creandum and participated in by seed investor Sigma West, a statement about the funding said.
Google Capital led the latest funding round for Credit Karma which secured $85 million. The financing was also participated in Tiger Global Management and its existing backers, TechCrunch reported.
King Digital Entertainment, the British developer of the widely-active game Candy Crush Saga, could be valued up to $7.6 billion after it holds its initial public offering, AFP reported.
Nimble has added the "Smart Summary" to its social relationship management platform and related apps, allowing users to get completed and updated information about their contacts easily, a statement about the addition said.
UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.
New Jersey has joined Arizona and Texas in preventing consumers from buying cars directly from electric car maker Tesla after the New Jersey Motor Vehicle Commission passed a rule on the matter, TechCrunch reported.
Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.
