San Francisco, US-based payday loan firm LendUp raised $50 million in debt funding from Victory Park Capital to provide small short-term loans for American consumers who have poor or no credit and expand to other states.
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American SaaS security startup Vorstack bags $5.2M in funding for real time data protection
Los Altos Hills, California-based software as a service (SaaS) security startup Vorstack bagged $5.2 million in a new funding round led by Glenn McGonnigle and Tom Noonan to ramp up its real time data protection services.
California enterprise software firm Apigee raises $60M in new funding
Palo Alto, US-based cloud data service and enterprise software provider Apigee raised $60 million in new funding to expand its existing services beyond the basic application programming interface (API) technology.
Mt Gox traders agree to settle class actions against bankrupt Bitcoin exchange
American and Canadian Bitcoin traders and investors have agreed to settle the class-action lawsuits they have filed against the bankrupt Tokyo, Japan-based Bitcoin exchange Mt Gox in return for a 16.5% stake in the firm.
Amadeus picks up $4.5M stake in Brazilian insurance broker Bidu
London, UK-based venture capital firm Amadeus Capital picked up an undisclosed stake in Sao Paulo, Brazil-based online insurance broker Bidu.com for $4.5 million to take advantage of the growth in emerging markets.
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Mountain View, US-based search giant Google will shell out $207.7 million (€150 million) to expand its data center in Dublin Ireland to beef up its revenue generation through its cloud services.
In a bid to gain traction over its growing competitors, Washington, US-based software giant Microsoft Corp announced a major boost in its OneDrive cloud storage capacity for business clients, from 25 gigab ytes to one terabyte.
Menlo Park, US-based social network giant Facebook announced its plans to build a second Iowa data center right next to its first facility in Altoona which is still being constructed and has yet to start its operations.
US President Barack Obama is on his last leg of his Asian tour in countries including Japan, South Korea, Malaysia and on his last stop to the Philippines where the issue involving Beijing has become in the center point of the agenda.
Caving in to public pressure, San Francisco, US-based marketing automation firm RadiumOne terminated its chief executive officer (CEO) Gurbaksh Chahal after he pled guilty to domestic violence and battery charges recently filed against him.
San Francisco, US-based music app and player startup PonoMusic is now focusing on production after it pocketed $6.2 million in a crowdfunding campaign on Kickstarter which ended more than a week ago.
BTC China has halted deposits of local currency from the China Merchants Bank, causing the value of Bitcoin to fall from $500 to below $440, a 10% difference from its value in the past few days.
New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.
After announcing via press conference that its Falcon 9 rocket has successfully made a soft landing in the ocean, Elon Musk expressed his desire for Space X and other private companies to join the bidding for military rocket launch contracts.
