Keep an Eye On The Naver Corporation, a South Korean company that operates the popular messaging application Line, announced on Tuesday that it had filed its subsidiary with the Tokyo Stock Exchange…
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…
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…
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…
Secret secures $25m Series B – Investment Round Up
Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated…
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…
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…
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 participated, as did a…
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…
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 led to…