Consumer Web/Social Media

Otoy acquires San Francisco-based app-streaming startup AppSlingr

Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.

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California health software firm picks up $50M in funding

San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.

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California-based stealthy security firm Apprity scores $8M in first venture round

Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.

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New York's Meetup closes second funding round for undisclosed amount

After 12 years in the industry, New York, US-based local group network Meetup closed an undisclosed amount in its second funding round from three major investors to allow some of its employees to exercise their expiring stock options.

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Yahoo debuts new Gemini platform to combine mobile search and native ads

In a bid to compete with rivals in the search-advertising sector, US-based search giant debuted Gemini, its new platform that lets advertisers combine mobile search and native advertisements.

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To stoke interest, LinkedIn opens 'Influencer' blogs to all members

LinkedIn Corp is attempting to become more like Facebook Inc by encouraging all members to generate a steady stream of shareable articles, a perk once available only to well-known business personalities.

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MSL Solutions purchases Australia-based online handicapping system manager Golf Link

Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.

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Japanese Internet services firm Rakuten opens first European R&D facility in Paris

Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.

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US language learning app Duolingo secures $20M in funding to penetrate Asian market

Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.

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Asian messaging startups like KakaoTalk, LINE, WeChat challenge mobile giants

Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Amazon.com Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer.

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Prague-based social analytics firm Socialbakers scores $26M in Series C funding

Prague, Czech Republic-based social media analytics firm Socialbakers scored $26 million in a Series C funding round led by Index Ventures to grow its workforce from 300 to 400 members.

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Generate 42pct reply rate on cold email using this new Chrome plugin

San Francisco, US-based marketing automation firm Autopilot is releasing a new Chrome plugin that generates up to 42% reply rate on cold email prospecting and bridge the gap between sales and marketing.

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Companies seeking legal action against BitTorrent users and illegal movie downloaders face steep battle: report

An investigative report published by independent news organization Mother Jones said most federal judges are not keen to consider piracy claims based on computer Internet Protocol (IP) addresses, which are often used as proof to identify potential thefts.

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Spotify seeks to hire U.S. filings expert as bankers eye IPO

Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion.

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Michigan's Varsity News Network pockets $3M in Series A funding

Grand Rapids, US-based high school sports website Varsity News Network (VNN) pocketed $3 million in a Series A funding round led by Arsenal Venture Partners for the expansion of its school athletic platform and the launching of its first app.

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