In its quest to develop products faster and introduce more devices to the market faster, Apple Inc has hired new engineers from rival firms like HTC to beef up its team in Asia, The Wall Street Journal reported.
United States
San Francisco startup ClassDojo bags $8.5M in funding to manage students' classroom behavior
San Francisco, US-based startup ClassDojo bagged $8.5M in its first institutional funding round to develop its mobile platform that provides an easier way of managing and monitoring the behavior of students inside the classroom.
Airpush said to be in acquisition talks with Perion
Airpush, a platform that helps monetize mobile applications, is said to be in talks to be acquired by Perion, a Tel Aviv-based firm, TechCrunch reported citing sources.
Facebook to purchase New Mexico-based drone maker Titan Aerospace
Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.
Boston-based Flashnotes purchases smaller rival Moolaguides
Moolaguides has been acquired by Flashnotes for an undisclosed amount. The purchase comes just a month after Boston-based Flashnotes secured $3.6 million for its Series A round, TechCrunch reported.
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East Rutherford, New Jersey-based independent public relations (PR) firm MWW added Los Angeles-based firm Macias Media Group LLC for an undisclosed sum to tap into the lesbian, gay, bisexual, and transgender (LGBT) market.
Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.
Bangalore, India-based social media marketing and analytics firm Salorix Inc closed down its operations after it failed to raise fresh capital due to the founder's feud with investors.
Warren Buffet has sought to bolster investor confidence about how Berkshire Hathaway will perform after he leaves the company but the lack of a succession plan has concerned investors, Reuters reported.
San Mateo, US-based predictive analytics startup Reflektion scored $8 million in its second funding round led by Intel Capital and Nike to ramp up its sales and marketing activities.
Peter Oppenheimer, Apple's long-time Chief Financial Officer, will be retiring in September. He will be succeeded by VP of Finance and Corporate Controller Luca Maestri, TechCrunch reported.
Texas, US-based electronics retail franchise chain RadioShack announced the closure of 1,100 out of its 4,000 stores across the US in a bid to save the company after a massive revenue loss over the holidays.
HealthCare Royalty Partners was the lead investor in the Series E funding round of advanced medical devices maker Invuity Inc which raised $36 million, a statement about the funding said.
Conference calling service Speek secured $5.1 million from its Series A round which included the earlier round which raised $2.7 million in convertible notes raised before, TechCrunch reported.
