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Weekly Digest: Taxi market heats up, Russian PM has Twitter hacked, Sprint to slash prices

Taxi Market Heating Up Disruption is one of the most overused words in technology, but there is perhaps no better term to describe what Uber and its scrappy rival Lyft are doing to the the taxi

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Buzzfeed raises $50 million funding round – Investment Round Up

Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital,

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Copyright Aaron Durand (@everydaydude) for Twitter, Inc.Copyright Aaron Durand (@everydaydude) for Twitter, Inc.

Social media giants enjoy encouraging quarter

The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum, with rumors

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Social Tables secures $8m funding round – Investment Round Up

Seed funding Two Tap, an in-app e-commerce platform, has raised $2.7 million in seed funding. Digital Garage, Green Visor Capital, Initialized Capital, Khosla Ventures, SV Angel and Transmedia

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Doctor on Demand raises $21m – Investment Round Up

Series A Doctor on Demand, a virtual doctor service, has raised $21 million in a Series A round led by Venrock. Shasta Ventures and angel investor Sir Richard Branson also participated. The

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Vectra Networks secures $25m – Investment Round Up

Series A Palo Alto, Calif.-based big data analytics company Metanautix has raised $7 million from Sequoia Capital and angel investor Shiva Shivakumar, an early Google employee and current CEO of

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IPO+M&A Watch: Mobileye, Synchrony, Apple

IPO This week’s activity in the public markets was headlined by the stock market debut of Synchrony Financial, GE’s consumer finance arm divested as a separate, public entity. Synchrony finances

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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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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,

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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

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