Staff Reporter

Tech selloff affects silicon valley's wealthiest men

According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.

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Kabbage announces USD270 million credit facility

Small businesses can now apply for fast-approved business loans following the announcement of Kabbage which has taken in USD270 million more on its credit facility, reported Venture Beat.

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Italian real estate firm Risanamento inks deal to sell nine of its French properties

Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.

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State Bank of India to raise international investments valued USD750 million

State Bank of India has announced raising USD750 million to USD1 billion worth of overseas investments through bond sales, reported ET.

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Booktrack receives USD3 million Series A funding

E-book soundtrack platform Booktrack takes in USD3 million in Series A funding, said a report from TechCrunch.

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Moot.it changes name to Muut, gets USD770000 funding

Moot.it, an online forum site, announced changing its name to Muut and has taken in new funding valued USD770000, reported TechCrunch.

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Mars Inc. to acquire Procter&Gamble's pet care brands valued USD2.9 billion

Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.

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Hashtag #RejectedIceCream trends Twitter

Hashtag #RejectedIceCream trends Twitter after @midnight tweeted a poll on possible ice cream names that were rejected in the market.

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ABC's Dancing With the Stars made contestants switch partner on Monday night's episode

On Monday night, Dancing With the Stars contestants were made to switch partners that resulted to no one being voted off.

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VIDEO: Thai Insurance company tear-jerking commericial video trends social media

A Thai insurance company has posted an ad on YouTube that is now going viral on multiple social media outlets.

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NASA Curiosity rover's photo of a bright light in Mars sparks alien speculation

NASA Curiosity rover's capture of a photo in Mars showing a mysterious bright light ignited speculations from alien enthusiasts but was further explained by NASA's engineer to be a "glinty rock".

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UConn takes home victory in the NCAA Championships

The UConn Huskies bagged the victory in the NCAA Championships scoring 60 to 54 against Kentucky, reported CBC Sports.

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Twitter comes up with "new you" theme

Social media platform Twitter has come up with the "new you" theme to be able for old users in the coming weeks, said a post on the social media's blog.

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Windows 8 soon to release updated 8.1 version

Microsoft said that an update to the Windows 8 would be released soon with added features to easily use the OS, reported Rappler.

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Baby charged with attempted murder in Pakistan, goes into hiding

A nine month old baby was charged with attempted murder along with his parents, a move shedding light on the dysfunctional justice system of Pakistan, NBC News reported.

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