VENTURE CAPITAL POST

Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.

Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.

Texas, US-based PC giant Dell added Tulsa, Oklahoma-based analytics and data visualization software firm StatSoft for an undisclosed sum to beef up its software portfolio.

After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.

Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.

As predictive technology and the rise of wearable technology grows, concerns also abound about their use and the privacy and related issues that they bring, VentureBeat reported.

Helsinki, Finland-based smartphone giant Nokia now made the Nokia Refocus app available to all Lumia smartphones to allow users to take refocusable photos using their phones.

SiNode, a company that is working on prolonging the energy storage capacity of batteries and improving their charging rate, has secured seed funding from Energy Foundry, TechCrunch reported.

South Korean electronics giant Samsung filed a patent on September 2012 for a new method that lets users unlock the screen and activate apps and certain commands using a doodle.

Analytics company Umeng said the number of active smartphone users in China has surpassed the 700 million mark as of the end of 2013, TechCrunch reported.

Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.

Apple's Loyalty Program for its bulk-buying clients have just been made better with deeper discounts and the addition of iPhones and Apple TV, TechCrunch reported.

RHL Vision Technologies, an India-based startup, was able to raise $200,000 through the crowdfunding site Indiegogo with 1,600 people pre-ordering their wearable device called Fin, The Times of India reported.

CloudBilt, Resident Research and SalesReach Software obtained a combined $1 million growth financing from Lighter Capital, a provider of revenue-based financing, a statement about the funding said.

UK Prime Minister David Cameron has committed more funds to finance research in the field of Internet of things and a grant for startups focused on the space, VentureBeat reported.