Tags: US

Facebook acquires Oculus VR in $2B deal

Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.


San Francisco virtual ad firm DemandBase raises $15M in funding

San Francisco, US-based virtual ad firm DemandBased raised $15 in a funding round led by Greenspring Associates to build the mobile ad capabilities of its B2B enterprise software platform.

US venture capital firm Lightspeed closes $950M for new early-stage fund

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.

Obama to propose legislation to halt NSA's bulk phone data collection

US President Barack Obama is getting ready to propose a legislation that will halt the bulk phone data collection of the National Security Agency (NSA) and instead let the agency procure individual court authorizations for every phone number to be investigated.


Latest News

Australian and Chinese authorities said that their planes have spotted possible debris from the missing flight MH370, reported The Guardian.
Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.
Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.
Boston, US-based enterprise data management startup Actifio scored $100 million in its Series B funding led by Tiger Global Management for its expansion with its valuation now reaching $1.1 billion.
London, UK-based education startup Feynlabs is branching out to Miami, US to teach kids grown-up technology for programming and computer science using an accelerated learning approach.
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.
Philadelphia, US-based matchmaking startup Mixter helps make blind dates for undergraduate and graduate students easier and more comfortable by turning it into a social gathering for two groups.
San Francisco, US-based online restaurant reservation service OpenTable will shut down Los Altos, California-based restaurant recommendation app Ness, which it acquired in February, on April 21.
Denver, US-based health tech firm Welltok Inc acquired Seattle-based health app developer Mindbloom for an undisclosed amount to establish itself in the mobile health space.
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