It’s been yet another turbulent fortnight for Bitcoin, the crypto-currency that’s either the best or worst thing in the world right now, depending on your news source. A headline from Stanford University…
Budapest blossoms with tech talent despite government red tape
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…
Weekly digest: Alibaba wants AutoNavi, Jawbone raising massive round, Lenovo’s $10 billion revenue
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…
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…
Welltok raises $22.1 million Series C funding round – Investment Round Up
Series A Network management and analytics company Sideband Networks has received $6 million in a Series A funding round. Backers went undisclosed. The Sunnyvale company, launched November 2013, delivers application aware performance…
The Levo League raises $7m – Investment Round Up
Series A The Levo League, a online platform where women can network, get mentored and find jobs, has raised $7 million in Series A funding from backers including two angels: Olayan Financing…
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…
Flappy Bird made $50k a day – but owner pulls it from app store
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…
Warsaw and Krakow battle for Poland’s exciting startup community
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.…
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…