Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion,…
Mesosphere raises $10.5m – Investment Round Up
Series A Mesosphere, which provides data center systems, has raised a $10.5 million Series A funding round led by Andreessen Horowitz. Data Collective and Fuel Capital also participated. The San Francisco-based company…
Yieldbot secures $18m Series B – Investment Round Up
Series A Inbilin, a social networking voice call app that allows users to call strangers, has raised $15 million in Series A funding from Qiming Venture Partners and Morningside Ventures. The company,…
Apple, Microsoft and Google set for battle to control consumers’ homes
The news that Apple is set to unveil a software platform to control the objects inside our homes reflects a push by technology companies to completely integrate their products into our everyday…
Samsung to launch Tizen smartphones in Russia, India
Samsung is making a push into the mobile software and services market with its Tizen operating system, and plans to launch a new smartphone featuring the system in Russia and India shortly,…
Red Herring Announces Finalist for 2014 Top 100 North America
The Red Herring editorial team is pleased to announce the 2014 Finalist list for the upcoming Red Herring Top 100 North America event. This set of companies represents the short list for…
Nokia’s handset business to become Microsoft Mobile – report
Nokia’s handset business Nokia Oyj is to be renamed Microsoft Mobile when Microsoft’s $7.2 billion acquisition is completed on Friday, according to reports. The name change was announced by blogger Nokiapoweruser, who…
Revolutionary E-Governance helps Moldova beat corruption as Russia threat looms
Moldova, a tiny state bordering Ukraine, is crippled by corruption and emigration. Some have even suggested that its weaknesses leave it exposed to a possible annexation by Russia, as Vladimir Putin consolidates…
Could Vodafone’s Ono acquisition trigger European telco spending spree?
Vodafone’s $10 billion purchase of Spanish cable operator Ono cements the British telecoms company’s pursuance of a ‘united communications’ model. And the British firm may have fired the starting gun on a…
Optio Labs raises $10 million – Investment Round Up
Series A Tips and tutorials app Trusper has gained $6.17 million in a Series A investment led by DCM. Charles Schwab and other backers contributed to the round. The Los Altos Hills-based…