Buffer, a social sharing app announced that it has learned its lesson after last month's hack that enabled attackers to post on its users Facebook and Twitter accounts. It now has implemented a two-step login and authentification in place to ensure that the incident would not happen again.
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Men's Wearhouse employs Pac-Man defense on Jos. A. Bank Clothiers
The Pac-Man defense has been used by Men's Wearhouse as it makes a counteroffer to Jos. A. Bank Clothiers which first made a bid to buy Men's Wearhouse this year.
Fantasy sports DraftKings closes USD24 million round
Boston-based daily fantasy sports online game DraftKings closed USD24 million in a recent funding round led by Redpoint Ventures for its marketing, acquisition, and expansion activities.
VC sentiment in Silicon Valley hit the highest level since the 2008 recession - report
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.
Optimitive, a cleantech startup, secures Series A round
Optimitive, a cleantech startup from Spain, announced on Tuesday that it has successfully secured USD 1.9 million in a Series A round, led by GGM Venture Capital and Optimitive plans to use the funds in building up its sales and marketing team.
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Privately held Cox Communications is considering bidding for Time Warner Cable either on its own or as part of a joint bid, The Wall Street Journal reported on Tuesday, citing anonymous sources.
3 U.S Senators published an op-ed in the New York Times today, questioning on why American citizens were not able to have the knowledge to challenge the infringement of their privacy rights.
Extreme Reality, an Israel-based startup which provides analysis of 3D motion was able to secure USD 10 million in its Series D funding round. The secured funds will be used to expand to additional markets and further develop their system.
A report revealed in detail based on its records how China was able to acquire control of oil of countries Venezuela, Brazil, Angola, and now OPEC member Ecuador.
German healthcare group Merc is looking for acquisitions and collaborations with start-ups to grow its drugs business in the United States, a senior Merck official said.
Private equity firm TPG has asked a specialised Dutch court to order an inquiry into the affairs of Strauss Coffee, in which it holds a 25 percent stake, claiming majority owner Strauss Group had abused its rights in the company.
Despite investor criticism it received for paying more investment attention on its non-core division, Gazprom announced on Tuesday in a joint statement that it had acquired Profmedia from metals tycoon Vladimir Potanin.
On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.
The USD1.5 billion acquisition bid Men's Wearhouse Inc offered to Jos. A. Bank Clothiers Inc was the former's form of retaliation after receiving pressure from its largest shareholder Eminence Capital LLC to accept the takeover bid Jos A Bank extended earlier.
