Software & IT services

VCs eye big cloud software returns despite dwindling valuations

A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns.


Facebook to roll out 'I'm a Voter' feature worldwide

When Americans voted to renew President Barack Obama's lease on the White House in November 2012, more than 9 million citizens took to Facebook to click the "I'm a Voter" button, showing their online friends that they had cast a ballot.

China bans use of Microsoft's Windows 8 on government computers

China has banned government use of Windows 8,Microsoft Corp's latest operating system (OS), in a blow to the U.S. technology company which has long been plagued by sales woes in the country.

Facebook developing video-chat app to rival Snapchat: FT

Facebook Inc is developing its own video-chat app, known internally as Slingshot, after its failed attempt to acquire mobile messaging startup Snapchat, the Financial Times reported on Sunday.


Latest News

Yahoo Inc has bought Blink, a mobile messaging startup whose app lets users send messages that will self-destruct at a time set by the sender.
Microsoft made announcement at Dynamic Spectrum Alliance Global Summit in Accra, Ghana that it will launch a new TV white space partnerships and projects in Africa and three other continents to provide lowcost wireless connectivity to students and faculty at universities in Koforidua, Ghana.
Performance-management company Anaplan has raised $100 million in fresh capital, it said Tuesday, joining a growing roster of enterprise companies winning private funding even as that sector wilts in the public markets.
Predixion Software, a leading developer of predictive analytics software, today announced two new members of its executive team. Costa Harbilas joined the company as senior vice president of global sales and will lead the direct, channel and technical sales teams around the globe.
Edison Ventures announces the acquisition of Andera Inc. for 44.5 million by Bottomline Technologies today. Charlie Kroll, Founder and CEO at Andera Inc. comments:
Finding new smartphone and tablet apps is getting easier, thanks to new apps designed to help people discover still more apps.
In the shadow of Internet monoliths such as Facebook, Google and Twitter, it's easy to forget that Silicon Valley got its start from hard-scrabble tinkerers building radios, microchips and other devices.
Palo Alto, California-based single-page promotional website design platform raised $1.7 million in a seed funding round ledyby Founder's Co-op to expand its market reach, improve its products, and enable mobile content creation.
San Francisco, California-based website testing and optimization platform Optimizely raised $57 million in a Series B funding round led by Andreessen Horowitz to hire as many as 250 additional staff within this year.
Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.
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