Series B San Francisco-based UrbanSitter, which helps people search for and vet sitters, has secured $15 million in a Series B funding. DBL Investors led the investment, while Match Group (of IAC)…
Comcast agrees $45.2bn Time Warner Cable acquisition – but will it go through?
Comcast, the largest Internet service provider in the U.S., has agreed to buy media rival Time Warner Cable for $45.2 billion, pending regulatory approval. Consumer groups have already voiced strong objections to…
CloudPassage secures $25.5m funding – Investment Round Up
Series B Cambridge nutrition/pharmacology company Pronutria has raised a $12.25 million Series B funding round led by Flagship, which saw participation from private investors. The round brings total backing behind the company,…
European social media success thwarted by U.S. giants
The Americans are coming, and Europe’s social media platforms are losing ground. But many local brands are still doing fine business connecting the continent’s consumers. In the past few years several high-profile…
IBM struggles to turn fortunes around
IBM’s executives recently opted to forgo their bonuses, after the company’s seventh straight quarter of sales decline. The same executives face a struggle to turn the hardware behemoth away from the traditional…
LinkedIn scares investors with weak forecast
LinkedIn’s fourth quarter report revealed a healthy three months for the professional social media network, but a weaker outlook caused investors to worry. The company also announced its largest acquisition yet. LinkedIn’s…
BizSlate
Enterprise resource planning (ERP) tools help manufacturers and distributors address supply chain and operational issues, keeping track of products as they move from the warehouse floor, to the truck, and eventually to…
How Google Won Back the EU’s Trust
Three years after the European Union began a probe into Google’s European strategy, the Silicon Valley giant has escaped a fine capable of denting even its own stratospheric profits. But how did…
Nadella named CEO as Microsoft seeks to evolve
Satya Nadella has been confirmed as Microsoft’s new CEO. Nadella, a 22-year veteran of the company, will succeed outgoing CEO Steve Ballmer immediately. Microsoft co-founder Bill Gates has also stepped down from…
Amazon misses earnings estimates for Q4, shares stumble
Amazon shares dropped as much as 10 percent in after-hours trading, after the company’s fourth quarter earnings report missed analyst estimates. The Internet retail giant posted earnings of $0.51 per share for…