Kitchener to shell out $1M to provide offices for new local startups

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.


French train ticket booking startup Capitaine Train emphasizes efficiency in online platform

Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.

Federal Reserve Chair Janet Yellen says central bank has no authority to regulate digital currency

In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.

US-based commission-free stock trading app RobinHood emerges from private beta

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.


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Co-Signer, Inc. today announced its subsidiary, Co-Signer.com, the nation's premier provider of residential rent assurance, entered a mutual marketing package with Contemporary Information Corporation (CIC), the nation's leading tenant screening service.
Little Borrowed Dress, a startup that rents out bridesmaid dresses online, has raised $1.25 million for its seed financing round participated in by a number of investors, TechCrunch reported.
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.
Internet firm Baidu Inc intends to make more acquisitions this year to get more smartphone users in the world's largest smartphone market to patronize its services, Reuters reported.
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.
Tembusu Terminals Pte has set up the first Bitcoin ATM in Singapore just days after Japan-based Bitcoin exchange Mt. Gox went offline because of possible theft, Bloomberg reported.
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.
Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
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.
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