VENTURE CAPITAL POST

Tumblr, a microblogging website designed by David Karp has redesigned its reblogging feature. The reblog button which is the most use feature on Tumblr that allows the user to repost content from another website to their own will become more mobile friendly according to Fortune.

Yahoo has revealed that it has spent more than $1 million dollars for security researchers participating in their Bug Bounty Program.

Taylor Swift's generous donation of $50,000 via GoFundMe has led the well-known crowdfunding website to raise its fundraising limits.

The Hunt received USD10 million worth of new funding from Khosla Ventures and Javelin Ventures, reported TechCrunch.

Internet giant Yahoo Inc disclosed via Tumblr that they have detected a coordinated mass hacking attempt on a yet undetermined number of Yahoo Mail accounts, and has reset the passwords of all affected accounts.

US-based online writing and reading system Medium by Evan Williams is considering raising $20 million from venture capitalists after basically thriving on angel investments, according to circulating rumors.

Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.

Tumblr founder David Karp gets US$110 million to remain in the company for the next four years.

Analysts said that the president and CEO of Yahoo's purchase spree was all about catching up in the mobile space.

Millennium had done four exits of companies it had invested in just for the first half of 2013.