Sony’s surprise Q2 profits belie poor annual figures

Sony Corp posted surprise second-quarter profits today, despite warning of big year-end losses. Net income for the three months ending June was $260.82 million, compared to $30.1 million for the same quarter…

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Epic Sciences raises $30m Series C – Investment Round Up

Seed funding San Francisco-based gaming studio JuiceBox Games has raised a $2.5 million seed funding round led by Initial Capital. General Catalyst, Index Ventures and Maveron also participated. JuiceBox produces free-to-play mobile…

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Twitter stock soars as World Cup boosts user figures

Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading…

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Flipkart raises massive $1 billion funding round – Investment Round Up

Series A Kurbo Health, a mobile program to help people lose weight, has raised $5.8 million in Series A funding from Signia Venture Partners, Data Collective, Bessemer Venture Partners and Promus Ventures.…

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IPO + M&A Watch: Google, Rocket Internet, LinkedIn

IPO Rumors that the Gilt Groupe is preparing for a fall IPO were fueled this week by news that the company underwent a significant reorganization, which saw CMO Lizzie Francis and VP…

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Amazon reports huge second quarter loss despite sales increase

Amazon announced a worse than expected loss for the second quarter of 2014 despite an increase in sales, as investments in a range of new products and services took their toll on…

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NextNav secures $70m funding round – Investment Round Up

Seed funding Fixed, a mobile app which allows users to protest parking tickets, has raised $1.2 million in seed funding from Y Combinator, Merus Capital and other angel investors. Users can upload…

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Facebook’s Q2 earnings send stock to all time high

Facebook stock reached an all time high on Wednesday, topping $75 a share after the company’s Q2 earnings report beat analyst expectations. The social media giant reported $2.9 billion in revenue, surpassing…

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Hackathon to target North Korea’s ‘Hermit Kingdom’

A two-day hackathon next month is aiming to bring more information to North Koreans. Hack North Korea, held in San Francisco between August 2 and 3, is hosted by New York-based NGO…

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AppDynamics raises $120m at $1bn valuation – Investment Round Up

Series A SimpleReach, a content marketing startup, has raised a Series A round worth $9 million. MK Capital led the round, with participation from Atlas Venture, Village Ventures and High Peaks Venture…

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