Video game adaptation Need for Speed would be shown in theaters this weekend however critics say the movie only works "because it's too bad, it's good", reported Forbes.
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San Francisco's Premise nabs $11M in Series B round to track prices of food staples
San Francisco, US-based real-time economic data tracking platform Premise nabbed $11 million in a Series B funding round led by Social+Capital Partnership to continue tracking prices of food staples in Asia, Latin America, US, and Europe.
Security firm Shadow Networks bags $10M in new funding round
Shadow Networks, the company that focuses on "Advanced Threat Deception," has raised $10 million from Paladin Capital Group, Yaletown Venture Partners and tow other investors, TechCrunch reported.
Day 7: Missing MH370 was not seen in US satellites
Today marks the seventh day of absence after the MH370 flight left Kuala Lumpur but still no traces were identified, only vast areas of search operations extended.
Another social media hoax: “Malaysia Airlines Found”
Scammers took the viral news regarding the missing MH370 flight story an opportunity to mislead Facebook and Twitter users after posting links with the headline “Malaysia Airline Found” to urge netizens to participate in bogus online surveys.
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According to rumors, the next iPhone would have a curved display and a concept video was done by artist Ran Avni to show fans how a curved iPhone would look like.
Today, math geeks, schools and private groups gather to celebrate Pi Day, the infamous 3.14 number formulated by genius Albert Einstein.
Boston, Massachusetts-based cable television firm Layer3 TV raised $21 million in a Series A funding round led by North Bridge Venture Partners and Evolution Media Growth Partner.
In an effort to iron out the differences they have with the crowdfunding community, payments platform PayPal has implemented changes on their crowdfunding policies, VentureBeat reported.
Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.
Venture capital investors are competing with each other to support promising startups, particularly those outside the US, as young companies now have more access to capital, VentureBeat reported.
Chennai, India-based local language speech-based software solutions provider Uniphore Software Systems grabbed an undisclosed amount of funding from angel investors Indian Angel Network, Ray Stata, and YourNest Angel Fund for its international expansion.
San Francisco, US-based digital music service Rdio picked up troubled Chennai, India-based music streaming startup Dhingana for an undisclosed sum as part of its strategy for international expansion.
San Francisco, US-based educational analytics startup BrightBytes pocketed $15 million in a Series B funding round led by Bessemer Venture Partners to help schools identify learning gaps in their systems.
