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Facebook to buy WhatsApp for $19 billion

February 19, 2014

Facebook has agreed to buy mobile messaging app WhatsApp for $19 billion, the two companies have announced. The social media giant will pay $4 billion in cash and approximately $12 billion in…

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Budapest blossoms with tech talent despite government red tape

February 19, 2014

Múvelódesi Szint – aka Müszi – is a community space and co-working initiative right in the heart of Budapest, Hungary’s capital. In it, young tech innovators sit back in reclaimed furniture, drink…

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Bluebox Security launches out of stealth with data-securing solution

February 19, 2014

Bluebox Security has emerged from stealth mode with a mobile security solution that prioritizes securing data over devices or applications. In this, the company diverges from traditional mobile device and application managers.…

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Weekly digest: Alibaba wants AutoNavi, Jawbone raising massive round, Lenovo’s $10 billion revenue

February 16, 2014

Alibaba closes in on AutoNavi Alibaba is after the rest of AutoNavi, a Beijing mapping and navigation company. China’s e-commerce emperor already owns 28 percent of AutoNavi, a stake which came from…

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Flappy Bird made $50k a day – but owner pulls it from app store

February 11, 2014

Mobile app and viral sensation Flappy Bird, which for a time capped free app charts on app stores, has been killed off by its developer. The story of the Flappy Bird game…

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Warsaw and Krakow battle for Poland’s exciting startup community

February 9, 2014

Poland’s startup scene, like its economy, is booming. Fueled by high levels of innovation, low costs and a strong talent pool, the country stands poised to become one of Europe’s digital heavyweights.…

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Weekly Digest: Happy Birthday Facebook, Sony to sell Vaio business, and trouble for Twitter

February 8, 2014

Facebook is 10 Everyone’s favorite procrastination tool turned a decade old this week. The company celebrated with individualized videos that capture users’ first moments on the platform, pictures shared and most liked…

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Taxi apps compete globally for sought after markets

February 7, 2014

Taxi applications are some of the most effective mobile solutions in the app marketplace. The technology that allows users to hail and track a taxi driver has spawned successful companies such as…

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Twitter shares nosedive as growth of new users slows

February 5, 2014

Twitter shares plummeted in after-market trading after data revealed the social media website is attracting fewer new users than investors had hoped. The company beat analyst estimates in its fourth quarter earnings…

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ThoughtSpot launches from stealth mode to target enterprise data search

February 5, 2014

Enterprise data search startup ThoughtSpot has flung off stealth mode and announced an oversubscribed Series A funding. The company raised $10.7 million from round leader Lightspeed Venture Partners and various angel investors,…

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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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