Recent Articles

Peer-to-Peer File Sharing Startup Infinit Raises $1.8 Million
/ May 29, 2014 4:34 pm
Peer-to-Peer File Sharing Startup Infinit Raises $1.8 Million

VentureBeat reports that Infinit has raised $1.8 million in its recent round of funding. In announcing the funding in a statement today, Infinit also announced the launch of the first full-featured version of its software, which is accessible for Mac and Windows. The funding confirms the logic behind parting out clouds, which stands out from prevalent file-sharing tools like Dropbox, Google Drive, and Box. Read More

Korean E-commerce Giant Coupang Raises $100 Million at $1B+ Valuation
/ May 29, 2014 4:31 pm
Korean E-commerce Giant Coupang Raises $100 Million at $1B+ Valuation

VentureBeat reports that Korean e-commerce firm Coupang has raised $100 million in its recent round of funding led by Sequoia with participation from previous investors include Greenoaks Capital Management, Rose Park’s Disruptive Innovation Fund, and LaunchTime. Read More

Outplay Entertainment Raises $5 Million
/ May 29, 2014 4:28 pm
Outplay Entertainment Raises $5 Million

GamesIndustryBiz reports that Dundee-based developer Outplay Entertainment has raised $5 million in its recent round of funding from Oxford Capital, Pentech Ventures and the Scottish Investment Bank, both of which have funded Outplay since its launch in 2011. Read More

Apple TV Sells 20 Million Units and Continues to Evolve
/ May 29, 2014 4:26 pm
Apple TV Sells 20 Million Units and Continues to Evolve

TechCrunch reports that Apple TV has been seeing modest success as compared to some of its other products. However, with 20 million units sold, the product has evidently captured customer attention. Read More

Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion
/ May 29, 2014 4:21 pm
Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion

Further bolstering its music offerings, Apple late Wednesday said it will pay $3 billion to acquire Dr. Dre's Beats Electronics, the developer of a subscription streaming music service and maker of popular headphones, speakers and audio software. Under the deal, expected to close by the end of September, the company will make an initial payment of $2.6 billion, plus another $400 million that will vest over time. As part of the acquisition, co-founders Jimmy Iovine and Dr. Dre will join Apple in unspecified roles. Read More

Mary Meeker Releases Her Closely Watched Internet Trends Report for 2014
/ May 29, 2014 4:19 pm
Mary Meeker Releases Her Closely Watched Internet Trends Report for 2014

Mary Meeker, a partner at venture capital firm Kleiner Perkins Caufield & Byers (KPCB), has released her 2014 Internet Trends report. The report highlights trends that show slowing growth of Internet users, but strong increases in smartphone, tablet and mobile data traffic, as well as mobile advertising. Read More

The Washington Post Signs Nearly 100 Newspapers to Partner Program
/ May 29, 2014 3:59 pm
The Washington Post Signs Nearly 100 Newspapers to Partner Program

The Washington Post said it has signed on nearly 100 newspapers from around the nation to participate in its partner program, which lets publications use The Post's various digital products for free. In turn, The Post is able to expand access to its digital content across desktop, mobile sites and phone and tablet apps. Read More

Get Adobe Flash player