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…
RentPath picks up Lovely – Investment Round Up
Series A Cloud application and mobile device compliance company Sookasa has debuted from stealth, deployed Sookasa Cloud Compliance Service, and raised a Series A funding round. Reports put the investment at $5…
Apple, Samsung head for another day in court
This week, two tech titans will clash once again in court. Samsung will fight claims it owes Apple approximately $2 billion in damages, while the Cupertino giant will argue the Galaxy manufacturer…
Cool Planet Energy Systems raises $100m – Investment Round Up
Series A Mobile games developer Industrial Toys has secured $5 million in a Series A round. Accel Partners led the round. According to a press release, the Pasadena-based company is announcing the…
Did Facebook Pay Too Much of WhatsApp, or What’s Really Behind Free Software…..
By Umang Gupta, Retired Chairman & CEO Keynote Systems Lately, I’ve met with a lot of young software entrepreneurs that want my advice about their new product or business idea. When I…
OneRoofEnergy secures more than $30m in funding – Investment Round Up
Series A Payward, Inc.’s Kraken division — an exchange for digital currencies such as Dogecoin and Bitcoin — has received $5 million in Series A funding. The round was led by Hummingbird…
Yelp’s YP partnership continues alliance trend
Yelp, the search platform best known for turning up restaurants and reviews, has partnered with YP to upgrade its offering. The mutually beneficial deal provides YP’s advertisers a wider audience, and Yelp…
Symantec shakeup sees CEO sacked
Mountain View information protection giant Symantec has given its chief executive officer, Steve Bennett, the boot. Board member Michael Brown will take over immediately as interim president and CEO while Symantec, which…
Weekly digest: Mt Gox finds some bitcoins, tech giants to meet Obama over NSA and Office for iPad?
Mt Gox finds 200,000 bitcoins The beleaguered, battered and shuttered bitcoin exchange Mt. Gox has been hunting down the sides of its sofa and managed to find almost 200,000 lost bitcoins this…
Somalia’s vulnerable youth find work online
A new nonprofit venture is helping young Somalis get online and into work. Shaqodoon (which means ‘jobseeker’ in Somali) is a product of the USAID-funded Somali Youth Livelihood Program, headquartered in the…