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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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How Google Won Back the EU’s Trust

February 5, 2014

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…

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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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Nadella named CEO as Microsoft seeks to evolve

February 4, 2014

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…

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Weekly Digest: Box’s secret IPO, Google hawks Motorola Mobility, Nadella next Microsoft CEO?

February 2, 2014

Box files for IPO on the quiet Fresh off a $100 million fundraise, Box has followed Twitter’s lead and filed discreetly for a public offering. Quartz first broke news of Box’s upcoming…

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Google Q4 profits hamstrung by Motorola

January 30, 2014

Google’s fourth quarter earnings report beat analyst estimates on revenue, but missed on profits, partly due to losses incurred by the recently-sold Motorola Mobile arm of the company. The search and advertising…

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Google dominates mobile ad market but Apple continues to rake in the revenue

January 27, 2014

Total mobile advertising spending will reach $18 billion in 2014, according to recent research from Gartner, and at the center of this industry is a fierce battle between Google and Apple. Google’s…

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Weekly digest: IBM struggles, Facebook takes on Princeton and Soundcloud raises $60m

January 26, 2014

Who needs an IPO? When you raise $60 million in a Series D funding round, why go through the hassle and risk of an IPO? Soundcloud certainly didn’t need to, as it…

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Internet erupts as Gmail falters

January 24, 2014

In what many seemed to take as a sign of the Internet apocalypse, Google’s email service went down for about 15 minutes this morning. Those trying to access their online mail accounts…

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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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