Tom Preston-Werner, the co-founder and president of San Francisco, US-based social coding network, stepped down from his position after former employee Julie Horvath claimed she experienced gender-based harassment and retaliation in the company.
Tags: US
La Caisse pours C$42M into Quebec wind energy project
Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.
Izzy Zalcberg buys shares in US cannabis industry solutions provider TechnoConcepts
Micro-cap investor Irwin "Izzy" Zalcberg has bought shares in Colorado, US-based tech wireless tech firm and cannabis industry solutions provider TechnoConcepts Inc for an undisclosed amount to take advantage of the increasing value of the legal marijuana market in the US.
Sequoia enters home security arena with SimpliSafe investment
Sequoia Capital entered the home security and automation arena by making a minority investment in Boston, US-based company SimpliSafe to take advantage of the lucrative situation of the present do-it-yourself home security market.
American charity crowdfunding site CrowdRise bags $23M to fund expansion
Detroit, US-based charity fundraising platform CrowdRise bagged $23 million in a funding round with Union Square Ventures as the lead investor to back its growth campaigns and platform expansion initiatives.
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Bellevue, US-based Internet business operator Blucora acquired Atlanta, Georgia-based explainer site HowStuffWorks in a deal valued at $45 million in cash from Discovery Communications, which had bought the site in 2007 for $250 million.
Santa Monica, US-based music streaming service Beats Music is looking to raise between $60 million and $100 million in a new funding round in a bid to keep up with bigger rival Spotify, as the Beats Electronics spin-off failed to attract the targeted number of subscribers since its January launch.
Keona Health, a Chapel Hill, US-based health tech startup that created software that helps nurses save time by taking patient histories and classify cases online, bagged $2.5 million in funding to accelerate its growth.
Canadian real estate investment firm Cannabis Rx reportedly purchased a 9.26-acre property near the Sarasota-Bradenton International Airport in Florida in a $1.2-million deal to turn it into a licensed grow facility or distribution center.
Although Google reportedly considered San Francisco, US-based mobile payments system Square Inc as a potential acquisition or merger candidate, the latter denied reports that it has entered acquisition talks with search giant.
A new mobile app and Chrome extension called FIO provides users with a simple way to track five of their chosen time zones at a time with corresponding colors to help frequent travelers cut through jet lag.
Seattle, US-based entrepreneur Liz Havlin is set to launch a crowdfunding campaign via Kickstarter to raise $30,000 to develop a 3D printer called the Legacy that uses recycled colored plastic as ink.
Orlando, US-based sports footwear, apparel, and accessories maker Nike is about to cut off 70 out of the 200 members of its Digital Sport unit in a bold move to stop manufacturing hardware and focus its wearable tech efforts on software.
New York, US-based precision cut diamond and customized jewelry retailer Simply Diamonds acquired Buffalo, New York-based color stone and men's fine jewelry maker MA Reich & Co for an undisclosed amount .
