A second data center in Amsterdam was launched by software Design Description (SDD)-only web hosting and cloud infrastructure provider DigitalOcean as part of its strategy to meet customer demand in cloud services.
Tech news site TechCrunch believes that Yahoo Inc's acquisition of natural language processing technology builder SkyPhrase is to improve its content delivery to its mobile audience.
Stem Inc. today announced the closing of a $15 million Series B financing round. Iberdrola, GE Ventures joined Series A investor Angeleno Group in committing financing for the round.
Social media giant is in talks for its first acquisition of a product firm in India, Bangalore-based performance analysis and monitoring tools startup Little Eye Labs.
In a bid to ensure the user security of in its platform, popular Bitcoin trading exchange Mt Gox announced today that it is implementing a new one-time password card system.
23 year-old Jacob Cook's open-source project Ark OS was able to get USD45,189 in backing from 859 investors to develop a full-scale Google Reader alternative.
The partnership of US software company and QuickBooks maker Intuit's partnership with banks Capital One and Wells Fargo for a loan facilitator program was a clear indication of companies turning into cloud computing and data analytics to improve their services, said an article published on the Financial Times.
Cloud storage firm Box has acquired startup dLoop for an undisclosed amount, to increase security using fine-grained data analytics technology, helping Box compete better for large enterprise clients.
Valuation results in 3Q13 showed a noticeable increase over 2Q13, including the greatest difference between up and down rounds in over six years. The software industry was especially strong, not only valuation-wise, but also in the number of deals.
The New York Times cited reports that have suggested that Level 3 Communications, which controls most of the fiber optic cables that connect everyone to the Internet, may have greenlighted the NSA to tap data from Yahoo and Google. Both companies have announced that they will now start encrypting their data.
A Reuters PE HUB report said venture capital firms like the Ironstone Group are now harnessing the power of algorithms in order to get good deals.
Big Data firm ColdLight Solutions has obtained growth capital from Kayne Partners. The amount of funding was not disclosed but ColdLight said it will help expand operations and scale their business solutions.
The following bids, mergers, acquisitions and disposals were reported on Monday including Greece banking, Fiat, BOFA, Mechel, Saputo, RBS, Lohmann, Carlyle Group, Monte dei Paschi di Siena, Kuwait Airways, Dubai Holding, SunEdison, Blackstone, Greece National Bank, IMG Worldwide, KKR, Babcock, AMR, Orrick, BAC and Fisker Automotive.
Harris Interactive Inc. today announced that it has entered into a definitive merger agreement to be acquired by Nielsen Holdings N.V., a leading global provider of information and insights into what consumers watch and buy.
WePopp, a social planning app based in Paris, France, announced that it has secured EUR 130,000 from a small group of France-based angel investors. The newly injected funds will then be used to lure in more users to its system.
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