New York, US-based automatic video editing startup Magistro raised $2 million in a recent funding round and has struck a deal that will integrate its technology into the Russian social network Odnoklassniki, which is owned by Mail.ru.
United States
G Asset offers to buy majority stakes in Barnes & Noble or Nook
Investment firm G Asset Management said on Friday that it had offered to buy a 51 percent stake in either Barnes & Noble Inc or in the bookseller's Nook digital business.
US firm Fitbit issues voluntary recall of fitness tracker Fitbit Force due to skin rash issues
San Francisco, US-based fitness tracking firm Fitbit issued a voluntary recall of its wristband activity tracker Fitbit Force after a small percentage of users reported skin irritation, and promised to release a new version of the product.
Google Ventures' Rich Miner to join California-based Crittercism's board
Google Ventures general partner Rich Miner will join the board of directors of San Francisco, US-based mobile app performance management (mAPM) firm Crittercism to replace Wesley Chan, who left Google Ventures to establish his own company.
Apple Acquires app-testing platform Burstly
Tech giant Apple added app testing platform maker Burstly, owner of mobile app testing tool TestFlight, for an undisclosed amount, according to sources.
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San Francisco, California-based crowdfunding firm Crowdtilt launched an open source crowdfunding solution called Crowdtilt n that supports Bitcoin and allows anyone to start a campaign on their own websites.
California big data startup BlueTalon bags $1.5M in seed funding for single-click data collaboration
California-based big data startup BlueTalon bagged $1.5 million in a seed funding round from Data Collective for its single-click data collaboration offering for enterprises.
San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.
ClubLocal, a platform which allows customers to instantly book home repairs online now owned by Delaware-based Serviz Inc, completed a $10.7 million funding round from Groupon Inc and others.
New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.
Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.
Last year was a sleepy one for mergers and acquisitions in the metals sector with only 357 metal deals completed compared to the 507 deals from the previous year, the Financial Times reported citing figures released by PwC.
US-based search giant Google announced that it is developing an experimental smartphone 3D mapping platform called Project Tango which is led by the advanced hardware group of Motorola.
