Hearing highlights more regulation coming for Bitcoin

The hearing held by New York State banking regulator Benjamin M. Lawsky points to more regulation in Bitcoin's future, The New York Times The Dealbook reported.


McGraw-Hill Education purchases California online tool developer Engrade

New York, US-based education solutions provider McGraw-Hill Education purchased Los Angeles, California-based online curriculum tool developer Engrade for an undisclosed amount to meet the increasing demand for digital educational content.

CrowdFranchise.com offers new twist on crowdfunding

If you've always wanted to own a franchise of Forever Yogurt but can't afford to, CrowdFranchise.com allows prospective investors to become an owner for as low as $1,000.

American digital media firm SpinMedia acquires itself, nabs $10M in funding

Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.


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USA Hockey uses Intelligym, a game-like program that helps improve mental performance and team work, to train the U17 and U18 teams for the 2014 Sochi Winter Olympics.
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
Democrats of both the House and Senate have filed The Open Internet Preservation Act today in a bid to bring back net neutrality, TechCrunch reported.
Tech and Internet giant Google released a new software development kit (SDK) that allows developers to build their own apps for the Chromecast streaming media dongle.
Georg Petschnigg, Chief Executive Officer of creativity tool Paper, wants Facebook to change the name of the new mobile news app that it launched last week, which is also called Paper.
DataRank was able to secure $1.4 million in seed funds in a round led by New Road Ventures and joined in by FundersClub and other angels. Data Rank enables companies to track conversations about their brands online.
San Francisco, US-based sports-centered social networking platform Sqor raised over $4.4 million out of the targeted $13 million funding round ahead of a major platform update set to take place in February.
The San Francisco Bay Conservation and Development Commission has told Google to move its mystery barge where construction is currently going on because it lacks the necessary permits, The Associated Press reported.
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