Japan will be setting out rules this week on how it would treat bitcoin under its existing rules. This is seen as the country's first step in dealing with the digital currency after the closure of Mt. Gox, Reuters reported.
Sectors
American Java PaaS firm CloudBees snags $11.2M in third funding round
Massachusetts, US-based Java PaaS (Platform as a Service) firm CloudBees snagged $11.2 million in its third funding round which was led by Verizon Ventures to fuel its revenue growth and global expansion.
StreamLink Software secures $3.5M in Series A round
A group of Ohio angel investors led the Series A funding round for Cleveland-based StreamLink Software which raised $3.5 million, a statement about the funding said.
US real estate marketplace Auction.com nabs $50M investment from Google Capital
Irvine, California-based real estate marketplace Auction.com nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.
IDC changes forecast PC sales forecast as emerging markets fail to perform
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
Latest News
Facebook Messenger can now be downloaded for free on the Windows Phone via the Windows Phone Store, the software giant has confirmed the news through its blog.
Townsville, Australia-based startup Friends For Hire is launching on March 22 to allow lonely people to hire other people to be their platonic friend for an hourly fee of $60.
Austin, Texas-based home rental platform HomeAway purchased Santa Rosa Beach, Florida-based guest management system Glad to Have You for an undisclosed sum to enhance its own rental listing service.
Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
Yahoo will be requiring users who want to access its services to sign up for a Yahoo ID and will gradually be removing the option that allows them to use their Google or Facebook credentials to get access to the company's products.
After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
