Consumer Web/Social Media

US-based firm PressFriendly builds virtual PR agency for startups

American software company PressFriendly built a platform that works like a virtual PR team for startups and orient them on what they should do before sending a sales pitch to potential customers.

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California-based restaurant reservation platform OpenTable acquires Ness in $17.3M cash deal

San Francisco, US-based online real-time restaurant reservation platform OpenTable acquired Palo Alto, California-based personalized recommendations app maker Ness Computing in a deal valued at $17.3 million.

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Glassdoor Appoints Adam C. Spiegel as Chief Financial Officer

Glassdoor, the leading jobs and career community, today announced it has strengthened its executive leadership team with the appointment of Adam C. Spiegel as chief financial officer.

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Facebook to launch edit tool for 'Look Back' videos soon

Facebook launched an individualized and automated "Look Back" video feature in time for its 10th anniversary, but a source said the social networking giant will be releasing an edit tool to allow users to customize the photos included in the clip.

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Google ad exec Susan Wojcicki to take over YouTube as chief

Google advertising executive Susan Wojcicki is reportedly being promoted to chief position at YouTube to improve the latter's video ad revenue, according to The Information.

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British spy unit launches cyberattack on Anonymous -NSA leak

Secret British spy unit Joint Threat Research Intelligent Group (JTRIG) launched a distributed denial of service (DDOS) attack on US-based hacktivist group Anonymous' Internet chat rooms, according to leaked NSA documents obtained by NBC News.

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Learning Shelter raising $60K to teach hardware skills to the homeless in San Francisco

Learning Shelter, a program founded by a former homeless man who now has his own laser-cutting business, launched a crowdfunding campaign on Indiegogo to raise $60,000 to teach hardware skills to homeless people in San Francisco and help them find jobs.

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Apartment List secures additional $6M in round led by Glynn Capital and Passport Capital

Apartment List, an online rental marketplace, was able to raise an additional $6 million in financing in a follow-on round led by Glynn Capital and Passport Capital, TechCrunch reported.

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Japan's incubator Netprice eyes $4M investment in Indian tech startups in 2014 -report

Tokyo, Japan-based incubator and investment firm Netprice.com Inc is planning to invest $500,000 to $4 million in three or four mobile and web startups in India this year, according to The Economic Times.

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Microsoft 4Afrika selects five African startups for innovation grant

US tech giant Microsoft selected five African tech startups to receive innovation grants, technical support, and mentorship from Microsoft under its venture arm extension, the Microsoft 4Afrika Initiative.

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YouTube founders' startup AVOS laying off majority of workforce -sources

San Mateo, California-based Internet startup AVOS Systems is laying off 80% of its workforce because of the lack of traction, according to sources familiar with the situation.

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Canadian games creator Big Viking to buy back Yoville from Zynga to avoid the game's early death

Toronto, Canada-based games creator Big Viking Games seeks to buy back Yoville from Zynga in a bid to avoid the game's early death, since the latter announced it would shut the game down on March.

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TechCrunch report examines compensation package of new Microsoft CEO

TechCrunch looked more closely into the compensation package of Microsoft Chief Executive Officer Satya Nadella submitted by the company in a filing to the US Securities and Exchange Commission.

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Microsoft invests $15M in Foursquare, inks licensing deal for location-based data

Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.

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American digital media firm SpinMedia acquires itself, nabs $10M in funding

Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.

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