Nicel Jane Avellana

Tembusu Terminals installs first Bitcoin machine in Singapore to possibly dispense cash

Tembusu Terminals Pte has set up the first Bitcoin ATM in Singapore just days after Japan-based Bitcoin exchange Mt. Gox went offline because of possible theft, Bloomberg reported.

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Permira to buy Tilney's regional businesses from Deutsche Bank

Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.

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Best Buy dedicates space for Samsung products in store-within-store concept

If you want to get a Samsung gadget, head to best buy. Nearly every Best Buy store has a space for Samsung products in its store-within-a-store concept, TechCrunch reported.

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Ex-CIA CTO Gus Hunt joins venture capital firm as advisor

CIA's former Chief Technology Officer Gus Hunt will be foraying into the venture capital space to serve as an advisor to investment firm Artis Ventures, VentureBeat reported.

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Robert Friedland's High Power Exploration invests in Australia-based Apollo Minerals

Robert Friedland's High Power Exploration has invested in Australian copper prospector Apollo Minerals, highlighting the progress it is making into the country's small cap resources sector, Reuters reported.

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Calpers Chief Investment Officer Joseph Dear passes away

Joseph Dear, the Chief Investment Officer of the biggest public pension fund in the US Calpers, passed away yesterday due to prostate cancer, Bloomberg reported.

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BEST Funds backs XipLink with $1.5M

BEST Funds provided a $1.5 million investment in XipLink to be used for the latter's sales and marketing efforts and support its continued efforts in coming up with inventive technological developments.

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Facebook is the new venue to purchase illegal weapons on

Facebook pages dedicated to guns make it easy for illicit buyers and sellers of weapons to connect and complete a purchase of a weapon without going through the legal process, VentureBeat reported.

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Smarterer gets additional $1.6M in round led by Rethink Education

Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.

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Nok Nok Labs secure $16.5M in new funding round for new online authentication services

Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.

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MakerBot start accepting pre-orders for $1,375 Replicator Mini 3D printer

MakerBot has finally started accepting preorders for their smallest 3D printer, the Replicator Mini which costs $1,375 which will be shipped sometime in the spring, TechCrunch reported.

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San Francisco-based d.light closes Series C round with $11M

For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.

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Workboard gets $2.75M in Series A round

For its first institutional funding round, Palo Alto, California-based Workboard Inc secured $2.75 million. The round was led by Granite Ventures and Opus Capital and joined in by Crosslink and Shea Ventures, VentureBeat reported.

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Spree Commerce grabs $5M in Series A round led by Thrive Capital

Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.

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Google Glass to be banned by States while driving

Some states have already undertaken measures to ban drivers from using Google Glass even if the search giant's wearable device innovation is still in its experimental stage, Bloomberg reported.

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