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London news startup Oximity bags seed money from angel investors

London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.


Oculus acquisition fuel interest in virtual reality startups

The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.

Shyp comes out of private beta to deliver fuss-free posting and packaging service in San Francisco

US-based shipping startup Shyp came out of private beta mode today to deliver hassle-free posting and packaging service to business offices and individual consumers in San Francisco.

BlackBerry is connected car market leader

Apple Inc and Google Inc may be pummeling BlackBerry in the smartphone department but the Canada-based firm is the leading player in the connected-car department, Bloomberg reported.


Latest News

Business Development Corporation of America invested $30 million in the first external funding round of digital ad company CPXi which provides programmatic ad-buying services,TechCrunch reported.
Men in North Korea have been mandated to follow their leader's hairstyle introduced in Pyongyang two weeks ago, reported BBC News.
Unterfohring, Germany-based mass media broadcasting firm ProSiebenSat.1 picked up a minority stake in Beverly Hills, US-based multichannel network Collective Digital Studio (CDS) for an undisclosed amount for expansion purposes.
Singapore-based digital currency payment firm GoCoin pocketed $1.4 million in its first funding round led by former Facebook executive Owen Van Natta and e-commerce site Bitcoin Shop for its sales and tech expansion.
Search giant Yahoo Japan is set to take Japan-based telco eAccess from Internet firm Softbank in a deal valued at $3.2 billion (JPY324 billion) to beef up its e-commerce and advertising businesses.
Legendary rapper Wu-Tang clan said that they would release a stealthy album in single copy following Samsung's payment for a leak in Jay-Z's latest album.
Houston, Texas-based home decor retail chain Garden Ridge bought a former Kmart store located along Reynolds Road in Southern Toledo for $1.6 million to renovate and re-occupy the said property.
San Francisco, US-based incubator launched a new $20-million venture capital fund to back early-stage hardware startups in the robotics, aerospace, agriculture, connected things, and transportation sectors.
Boston, US-based digital currency firm Circle Internet Financial closed a $17-million Series B round from Oak Investment Partners and other investors to help consumers conduct easier and safer Bitcoin transactions.
New objects were spotted by satellite floating in the Indian Ocean that could be debris from the missing flight MH370, ABC News reported.