Apple reported mixed quarterly earnings today, with increased iPhone sales, higher than expected net income and strong growth in gross margins offset by declining iPad sales and lower than expected revenue. Apple…
Google reports 22% revenue increase as Arora bids farewell
Google, Inc has reported modestly rising quarterly earnings for the second quarter of 2014. The tech giant earned $3.4 billion, or $4.99 per share, in the April-to-June period. The figures represent a…
Secret secures $25m Series B – Investment Round Up
Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated…
Southeast Asia set for e-commerce boom
Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such…
Startups face age-old battle to enforce change in established industries
In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This led to…
5 Takeaways from the Google I/O Developer Conference
Google’s I/O Developer Conference, held this week in San Francisco, featured a number of new product launches, including Android TV, Android Wear, Android Auto and a new smartphone and tablet operating system.…
Kreditech secures $40m – Investment Round Up
Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in…
Financial Information Provider Markit, Ltd. raises $1.3 billion–Week of June 16th IPO Watch
Keeping an Eye On MobileIron, Inc. began trading on Nasdaq under the MOBL symbol last Thursday after raising around $100 million in its IPO. The stock has sustained its climb since that…
HelloFresh Raises $50 Million – Investment Round-Up
Series B San Francisco-based ClearCare has secured $11 million to build out its software platform for home care agencies. The Series B round was led by Bessemer Venture Partners, but also included…
Amazon unveils Fire Phone
Amazon CEO Jeff Bezos announced his company’s first foray into the smartphone market at a special unveiling this morning in Seattle, confirming recent speculation among the technology community. Bezos will hope the…