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Chinese Web Titan Baidu Launches TV

September 19, 2013

Baidu, the Chinese web titan behind the country’s search engine that works similarly to Google, will enter the television with its own smart TV as the company forays into the expanding online…

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The Seasteading Institute Fundraising for First Floating City Plans at Indiegogo

August 14, 2013

To flesh out plans for their floating city, The Seasteading Institute takes fundraising to Indiegogo. With capital from the masses matched by the Thiel Foundation, twenty-first century pioneers may settle the oceanic…

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Tasneem Salim Talks All-Female Gaming Convention in Saudi Arabia

August 1, 2013

Gamer and developer Tasneem Salim wanted in on her country’s gamer conventions. The only problem? No girls allowed. So Salim and her two co-founders, Felwa Al Suwalim and Najla Al Arifi, created…

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In Its Largest Deal Ever, Baidu to Pay $1.9B for App Store

July 19, 2013

Baidu has just announced the biggest deal in its history. China’s premier search engine plans to pay $1.9 billion for 91 Wireless, a major developer of app stores in China that has…

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Tesla CEO Announces Hyperloop Plans Due in August

July 19, 2013

Come August, our planes, trains and automobiles may receive a public shaming. Tesla co-founder and CEO Elon Musk announced yesterday he’ll debut his plans for a “Hyperloop” transportation system August 12; and…

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Terra Motors Gives EV Street Cred in Asia

July 17, 2013

With their new smart-enabled scooters and sleek vehicle designs, Japanese company Terra Motors delivers Jetson’s-level transit tech that’s as elegant as it is efficient. And as high fuel costs and environmental concerns…

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With Turmoil Brewing, E-tailer THE ICONIC Receives Funding Bump

July 17, 2013

Amid reports of 10 percent employee layoffs and financial losses, Australian online retailer THE ICONIC has received $26 million in funding. The fashion site, a venture by German-born incubator Rocket Internet, lined its…

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Coursera Scores $43M to Take Online Education Global

July 15, 2013

Coursera, the online education startup, has raised a $43 million round to further propel its burgeoning growth as it takes its platform international and multi-lingual. The Series B round was led by…

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Scality Raises $22M to Globalize Scale-Out Data System

July 12, 2013

Big data is the next revolution in business, and Scality strives to turn the industry on its head through a low pricing model that uses multiple distribution points for an easily scalable…

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Mobile Ad Spend Spikes 83%, Earning $9B in 2012

July 11, 2013

Smartphone growth may have reached its saturation point in already developed markets, but mobile advertising revenue is just beginning to hit some impressive speeds. Global mobile advertising spend earned $8.9 billion in…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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