Microsoft's deal to acquire Nokia valued $7.2 billion have been set to close on Friday which is also in time for the company's target saying that the deal was expected to close during the first quarter of 2014.
Software & IT services
Spindle CEO Pat Kinsel becomes a partner at VC firm Polaris after Spindle sale to Twitter
CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."
US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection
Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.
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.
Microsoft reiterates commitment in Africa through a 20-year business plan
Microsoft said through its newly appointed head Kabelo Makwane that it has reinstated its development commitment in the Africa through a 20-year business plan that would boost economic growth and development in the African region.
Latest News
Avaz AAC has received USD500000 funding round led by Inventus Capital and other investors including Mumbai Angels, Raju Reddy of Sierra Atlantic and Google India MD's Rajan Anandan for the development of an app directed for those who have autism.
AdRoll has taken in USD70 million Series C funding round led by Foundation Capital and other new and existing investors including Institutional Venture Partners, Glenmede, Northgate Capital, Performance Equity, Peter Thiel, Merus Capital and Accel Partners.
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.
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.
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.
Preact announced releasing a new software platform that makes uses of "leading-edge behavioral science, machine learning, and big data analytics" along with receiving a Series A funding round valued USD4.6 million led by Trinity Ventures.
Cloud storage giant Dropbox spent an undisclosed amount to add San Francisco, US-based photo and video cloud storage and smart collaborative tool Hackpad to expand its product offering and improve its auto-upload features.
AngelPad has been rearing startups prior to their public debut and today, during its Spring Demo Day, the company would launch 11 startups to a roomful of investors, techies and the media.
Zoosk has filed with the Securities and Exchange Commission an IPO valued USD100 million, reported TechCrunch.
