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PayPal, Softbank Team Up to Launch PayPal Japan

May 11, 2012

PayPal has teamed up with Softbank to launch a joint effort in Japan and extend’s PayPal’s mobile payments service into Asia, Bloomberg reported. Each company is putting in a 50/50 share with…

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Flashback Mac Virus Robs Google for Up to $10K Daily

May 11, 2012

Apple users should watch where they browse. The computer is no longer safe from viruses, as exemplified by the recent Flashback malware that security company Symantec estimates netted pirates $10,000 per day,…

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Microsoft Bing to get some Bling

April 13, 2012

Like the shady guy in shop class said, the first one’s always free. After launching its Bing API several years ago, the service had always been free for developers to implement data…

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Obama Signs Crowdfunding Jobs Act into Law

April 6, 2012

Obama has signed the crowdfunding Jobs Act into law, opening the way for mom and pop investors to sink investment support into startups. The new law allows anyone to invest in startups,…

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Yahoo Cuts 14% of Workforce

April 4, 2012

Yahoo has announced 14 percent in cuts to its workforce, issuing 2,000 pink slips in a move that will save the company $375 million. What’s more, sources close to the matter told…

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ThreatMetrix Raises $18M to Fight Cybercrime

April 2, 2012

By Matt Gallagher, Red Herring Cybercrime prevention company ThreatMetrix has raised $18 million in a Series D round of financing led by August Capital. The company produces the Cybercrime Defender Platform, a suite…

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Whoops! Groupon’s Slide Continues

April 2, 2012

Groupon recently reported its operating income for 2011 to be $22.6 million less than it had previously cited due to a “shift in the company’s fourth quarter deal mix” and other factors.…

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A High Flying Bird: Twitter Breaks 140M Users, 340M Tweets Per Day

March 26, 2012

Twitter has a lot to celebrate on its sixth birthday. Aside from helping to launch Middle East revolutions as well as Charlie Sheen’s fan club, the social media tool just announced it…

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Groupon Releases Beta Version of Free Online Scheduling Tool for Small Businesses

March 21, 2012

Groupon has released a free beta version of Scheduler, an online tool for small businesses to accept online bookings easily and seamlessly integrate them into the Groupon deals process. The technology is…

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Google To Tweak Search with Semantics

March 16, 2012

Google has plans to increase its use of semantic search in its search engine, providing users with more than just the standard set of key-word inspired links but actual facts and direct…

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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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