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Finnish gift-giving startup Finnay targets European expansion

May 15, 2015

Finnish gift-giving platform Finnay has barely been live a year, but the firm expects to conquer the German market soon. Founded in 2013, the company, whose app pairs time-starved consumers with local…

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Five of China’s biggest social media giants

May 11, 2015

There are 625 million active social media accounts among China’s 618 million internet users. But none of them are using, at least officially, Facebook, Twitter, or YouTube. Understanding the complex web of…

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Amazon drone plans, Ericsson sues Apple and Oculus Rift launch schedule

May 10, 2015

Amazon’s anticipated drone delivery service, once slated as just a pipe dream, appears to be a step closer to fruition with the U.S. Patent Office releasing a report detailing how the drone system might look.

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Tesla’s home batteries, Microsoft Edge and Grooveshark shuts down

May 3, 2015

Tesla motors has revolutionized the automobile with its electric powered luxury cars, easily recognized on streets around the world. But visionary CEO Elon Musk has aspirations that transcend the vehicle industry.

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Google’s E.U. problems, Game of Thrones leak and Instagram’s guidelines

April 18, 2015

Google has hit major roadblocks in the European Union. E.U. Competition Commissioner Margrethe Vestager issued a “statement of objections” to the giant search engine alleging that it engages in anti-competitive behavior by using its dominance in search to crowd other search tools out of the market.

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Turkey bans social media again, Samsung reviews and Facebook Messenger for web

April 12, 2015

Turkey banned the likes of Google, Twitter and Facebook last week, over an of a Turkish prosecutor being held at gunpoint by two men outside the Istanbul courthouse.

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Twitter’s Periscope, Paypal’s legal trouble and Facebook builds on Messenger success

March 29, 2015

Live streaming services have been trending in the tech world. The commotion began with Meerkat, a service that launched at the end of February. Using Twitter to alert people to a Meerkat broadcast, or a “Meerkast,” the service allows people to stream a live video feed to the web and attract any amount of viewers.

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Amazon drone testing, Sony TV streaming and Uber passes NYC milestone

March 21, 2015

Amazon has received approval from the U.S. Federal Aviation Administration (FAA) to begin testing out the drones as package delivery vessels.

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Dating apps strengthen and diversify to pull in huge user numbers

March 20, 2015

The mobile dating industry has taken off. IBISWorld, an analyst, reckons the U.S. market to be worth some $2.1 billion, of which around a third is commanded by Match, the owner of…

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New 4G is taking Western Sahara’s protests beyond refugee camps

March 5, 2015

At an English school in the Western Saharan camp of Smara, young men are drinking sugary local tea, talking and checking social media. The first two activities, in a region much of…

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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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