Seattle, US-based e-commerce and digital media giant Amazon will rename its London-based streaming video service LoveFilm as Prime Instant Video in Germany and the UK starting February 26.
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Costa Rican startup Natural Sins helps fight obesity by making snacks made of fruit and vegetables
San Jose, Costa Rica-based healthy food startup Natural Sins sells baked snacks made of real fruits and vegetables in a bid to help fight obesity.
Spanish startup Giftri helps find personalized gifts on Amazon using Facebook data
Granada, Spain-based gifting startup Giftri mines web consumers' Facebook data, including Likes and Interests, to come up with personalized gift recommendations that gift-senders can buy from Amazon.
US news site Business Insider raises $12M in round led by Jeff Bezos
New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.
Walmart to establish e-commerce marketplace in India
Arkansas, US-based retail giant Walmart is planning to establish an e-commerce marketplace in India in a bid to compete with online retail giants for a share in India's e-commerce industry.
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Washington, US-based e-commerce giant Amazon is scheduled to launch its Android-run TV set-top box in March to gain traction over some of its rivals in the digital media sector, according to a report by Re/Code.
Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Sellvana, an open source e-commerce software developer based in Portland, Oregon, has received $5 million for its seed funding round from unnamed New York investors, VentureBeat reported.
Amazon has bought Double Helix Games, a gaming studio based in Irvine, California created from the merger of The Collective Inc and Shiny Entertainment. Terms of the deal were not disclosed, TechCrunch reported.
Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.
Dublin, Ireland-based firm Top Level Domain Holdings bagged $33 million in funding from its investors to beef up its bidding power in the upcoming private auctions of new Internet domains.
Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.
Microsoft is not going to permit itself to be counted out of the cloud game and has taken on Amazon by reducing the prices of its cloud storage services, VentureBeat reported.
Amazon is thinking of launching an online pay-TV service and has already approached various media companies about obtaining a license to distribute their TV channels, according to a report in The Wall Street Journal citing sources.
