VENTURE CAPITAL POST

Ariel Garten, the Co-Founder and Chief Executive Officer of InteraXon, belied rumors that Google Co-Founder Sergey Brin made her an offer to purchase the startup.

The gift of $6.8 million from search giant Google to San Francisco for its Free MUNI for Low-Income Youth program is one way that the tech industry can help the city deal with its gentrification problem, TechCrunch reported.

In a 2-1 vote, the 9th US Circuit of Appeals did not agree with Google that an anti-Muslim video should remain posted on its YouTube website while the case is on appeal, Reuters reported.

US-based search giant Google got mocked by several netizens yesterday after it launched the Scraper Report, a tool that fights content stealing, because according to them, the company itself is practicing web scraping.

New York City, US-based messaging app Flyby becomes the first consumer-facing app to use the image recognition technology in Google's 3D mapping project called Project Tango to let users attach text and video messages to objects in the real world.

Google Co-Founder Sergey Brin approached Toronto-based brainwaves-sensing headband maker InteraXon to talk about a possible acquisition, according to a source who was interviewed by TechCrunch.

Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.

Some states have already undertaken measures to ban drivers from using Google Glass even if the search giant's wearable device innovation is still in its experimental stage, Bloomberg reported.

Google Chairman Eric Schmidt said he will be putting money where his mouth is and donating $1 million to companies that will use technology to find solutions to global problems, TechCrunch reported.

US-based search giant Google launched a new Cloud Pricing Calculator that helps developers determine the cost of running an application, including the amount of storage, CPU, time, and other resources required to run an application on its public cloud.

San Francisco, US-based advertising technology startup AdStage bagged $1 million in funding from existing investor Digital Garage to increase its workforce and launch a new app partnership program.

After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.

Android still remains at the top for smartphone sales, getting 70% of sales in the last three months that ended January. However, the real war is among Android makers, TechCrunch reported citing data from Kantar.

Microsoft is going to give a 70% discount to manufacturers to license Windows 8.1 in their low-cost computers and tablets, according to sources interviewed by Bloomberg.

Waterloo, Canada-based parcel pickup startup BufferBox is shutting down its standalone service in the US and Canada beginning March 31 to integrate it into Google Shopping products such as Google Shopping Express.