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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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Netflix crosses 50 million subscribers mark despite price hike

Netflix now has more than 50 million subscribers worldwide according to the company’s quarterly earnings report released today. The content streaming website added 1.69 million users during the second quarter ending June…

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Urban Compass raises $40m – Investment Round Up

Series A The news that Yo has raised a Series A will do nothing to calm those fearing a tech bubble. The messaging app’s sole function is to send “Yo” back and forth between…

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Google reports 22% revenue increase as Arora bids farewell

Google, Inc has reported modestly rising quarterly earnings for the second quarter of 2014. The tech giant earned $3.4 billion, or $4.99 per share, in the April-to-June period. The figures represent a…

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Microsoft to lay off 18,000 in biggest jobs cut

U.S. tech giant Microsoft is set to lay off 18,000 employees, according to an internal memo from its new CEO. Satya Nadella, who took over the reigns from longterm chief Steve Ballmer…

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Sensoria raises $5m Series A – Investment Round Up

Seed Open-source machine learning startup PredictionIO has raised $2.5 million in seed funding in a round led by Quest Venture Partners. Azure Capital Partners, CrunchFund, the StartX Fund and Kima Ventures all…

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Plastiq, the Buy-Side Square, Raises $10m – Investment Round Up

Series A The Palo Alto, Calif.-based Internet Exchange solutions providerIIX, Inc. has secured $10.4 million in Series A funding from New Enterprise Associates, bringing total funding to over $15 million. IIX provides…

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Southeast Asia set for e-commerce boom

Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such…

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