London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.
Tags: China
Chinese cosmetics retailer JuMei to raise $400M in US IPO
Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.
Chinese posture-correcting wearable device Giraffe Friend launches crowdfunding campaign on DemoHour
Giraffe Friend, a wearable device that reminds the user to correct bad posture to prevent backaches, launched a crowdfunding campaign on DemoHour and has already raised $14,000 (CNY87,527).
Chinese messaging app WeChat releases image recognition to third-party users
Guangzhou, China-based mobile messaging app WeChat released its image recognition SDK (Software Development Kit) this week to allow third-party users to add the technology to their accounts.
New York ultracapacitor maker Ioxus secures $21M in Series C round
Oneonta, US-based large format ultracapacitor manufacturer Ioxus secured $21 million in its Series C funding round to help address climate change by integrating its products into hybrid buses in China.
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The Independent Journal Review reported on the costs of travels incurred by US President Barack Obama, making him the title holder of "most traveled US president" with 31 trips and 119 days spent abroad.
Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.
Australian and Chinese authorities said that their planes have spotted possible debris from the missing flight MH370, reported The Guardian.
US First Lady Michelle Obama told Chinese students that online freedom is a right that everyone should have but stopped short of urging the Chinese government to grant more freedoms to its citizens, Reuters reported.
Twitter is now offering an alternative way of sending Tweets via SMS after Turkish Prime Minister Recep Tayyip Erdogan lambasted social media for linking him to a corruption scandal and blocking the social network in the country.
First Lady Michelle Obama was set to visit China on March 19 with her mother and two daughters without allowing the press to cover the trip.
Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.
Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.
After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.
