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

Read Full Article
ms cutsms cuts

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 in February,

Read Full Article
Money SignMoney Sign

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

Read Full Article
Screen Shot 2014-07-16 at 3.44.46 PMScreen Shot 2014-07-16 at 3.44.46 PM

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

Read Full Article

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 as

Read Full Article
Money SignMoney Sign

Rap Genius raises $40m, changes name to Genius – Investment Round Up

Series A Rocketrip, a travel management company, has raised $3 million in a Series A round led by Canaan Partners and Genacast Ventures. CrunchFund and Paul Bucheit also participated. Rocketrip was

Read Full Article

IPO Watch: Box, TubeMogul, Yodlee

Keep an Eye On Anticipation for the Box IPO will continue to mount, after it was announced this week that the company has instead raised $150 million from private investors TPG and Coatue

Read Full Article

Video conferencing platform Vidyo raises $20m – Investment Round Up

Seed Button, a New York-based customer acquisition and engagement startup, has raised a $2.25 million seed round led by Atlas Ventures. DCM, Greycroft Partners, MESA+ and VaynerRSE all

Read Full Article
Screen Shot 2014-07-08 at 12.42.30 PMScreen Shot 2014-07-08 at 12.42.30 PM

Online residential real estate company Opendoor raises $10 Million – Investment Round-Up

Series A Eric Wu, the ex-head of Geoat Trulia, and Keith Rabois, a member of the “PayPal Mafia,” announced that their new company, Opendoor, has raised nearly $10 million in Series A funding.

Read Full Article

Startups face age-old battle to enforce change in established industries

In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This

Read Full Article