VENTURE CAPITAL POST

Boston, US-based social advertising and marketing startup Moontoast announced that it has raised $4.5 million as extension to its Series B financing round for its expansion and platform development.

Data showed that Android holds the top spot as the most popular mobile platform in the world but Samsung is clearly under pressure as local players step up their game, TechCrunch reported.

Samsung, the world's biggest cellphone maker, inked a 10-year patent agreement covering all present and future technology patents with Google, the maker of Android operating system.

Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.

Gartner, a research group, predicted that over 1 billion smartphones and tablet computers installed with the Android operating system of Google will reach customers in 2014.

US-based digital content storage company Seagate announced that it is acquiring UK-based network and storage equipment maker Xyratex in an all-cash transaction valued at $374 million.

San Francisco-based smart kitchen company The Orange Chef has received $1.2 million in funding from Google Ventures and Sparklabs Global Ventures to develop more connected kitchen devices.

Apple Insider points out how the tech giant fared less than expected in light of analysts' predictions last year that it would hit a thousand per share.

Online music platform company 7Digital is close to signing a deal to buy out UBC Media Group. The takeover deal will provide a London listing for 7Digital in place of UBC. Should it be successful, the float could give 7Digital a valuation of about GBP50 million.

A new issue had arisen between the epic patent infringement battle between Samsung and Apple.

AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8.

HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.

A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.

Samsung is first in the smart watch race but Apple may win it all.

BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.