New Bitcoin startup investor Ben Horowitz of US-based venture capital firm Andreessen Horowitz and Bitcoin skeptic Felix Salmon made a bet against each other on the status of the digital currency as a payment mechanism by 2109.
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India's MakeMyTrip buys Amsterdam's EasyToBook for $5M
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
New York-based flight finding app Hitlist flies out of beta to raise $500K seed round
New York City, US-based smart flight finding mobile app Hit List exited the beta phase and is currently raising around $500,000 in its seed funding round.
Bitcoin value plunges 20pct after Mt Gox pauses trading
The value of digital currency Bitcoin plunged 21% to $619 from $783 after Tokyo, Japan-based exchange paused its trading because of an increase in withdrawal requests.
Security researcher exposes Snapchat weakness that could crash phone
Security researcher Jamie Sanches has discovered and exposed a weakness within California-US-based photo messaging app Snapchat that could allow hackers to freeze and crash a user's phone.
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London, UK-based startup Togethera closed $250,000 in a seed funding round led by European and American angel investors to roll out its private family photo sharing app on Android.
San Francisco, US-based online real-time restaurant reservation service OpenTable launched a private beta of its dining payments service for 11 restaurants in San Francisco, with new restaurants to be added soon.
Moscow, Russia-based investment fund Flint Capital and government-backed early-stage fund FRII poured an undisclosed amount into St Petersburg-based photo manipulation detecting startup SMTDO Tech LTD.
Facebook is scrambling to fix a mobile security glitch discovered this week by MyPermissions chief Olivier Amar which involves the inability to remove apps that were previously downloaded.
Barcelona, Spain-based startup Voz.io raised $150,000 in a seed funding round from Kima Ventures for the development of its browser-based call center business and user acquisition strategies.
India-based music streaming service Gaana.com added independent music portal Musicfellas.com for an undisclosed amount, with the latter's site to be shut down and its catalogue to be moved to Gaana.
Fidelity Worldwide Investment's Head of Asian Fixed Income Sabita Prakash has left the firm, according to a source interviewed by Reuters and confirmed by a company spokesman.
Kolkata, India-based public sector enterprise Balmer Lawrie & Co Ltd bought Mumbai-based travel venture Vacations Exotica including its employees and customers from Vacations Exotica Destinations Pvt Ltd for an undisclosed sum.
A £28 million funding was given by the National Institute for Health Research or NIHR and its 50 partners to a health research initiative focused on the East Midlands.
