The MYSTIC operation of the National Security Agency has the ability to retrieve phone calls in a foreign country in the past 30 days, The Washington Post reported citing documents provided by Edward Snowden and people with knowledge of the matter.
Nicel Jane Avellana
Y Combinator President Sam Altman has renewed the call that Paul Graham made five years ago on "founders visa" to encourage international startups to establish their firms in the US, TechCrunch reported.
Sony unveiled a prototype hardware for the virtual reality headset it is working on for the PlayStation 4 which it calls "Project Morpheus," TechCrunch reported.
High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported
Google scored a big victory after US District Judge Lucy Koh did not allow the lawsuits regarding email scanning to proceed as a class action lawsuit, Bloomberg News reported.
SoftBank Corp has made substantial gains on the investments it has made, prompting rivals and other Japanese firms to also invest in Japanese startups, Bloomberg reported.
Cambian Group intends to hold its initial public offering in London to raise £20 million or $33.2 million, Reuters reported. The healthcare firm is owned by private equity firm GI Capital.
Ping An Insurance Group Co has worked with Ctrip.com International to provide smog insurance to visitors traveling to Beijing, Xi'an, Harbin, Chengdu, Guangzhou, Shijiazhuang and Shanghai, Bloomberg reported.
Social media analytics firm Simply Measured bagged $20 million for its Series C funding round led by Trinity Ventures, a statement about the funding said.
With follow-on investment led by MMC Ventures, the Series A round for UK-based Invenias has now secured $2 million from the $1.5 million it raised in July, TechCrunch reported.
Heyo, software-as-a-service firm that provides a social media marketing tool for small businesses, has raised $2 million for its Series A round, a statement about the funding said.
ITS Compliance Inc raised $5.75 million in funding from private equity growth investor First Analysis and its long-time partner Argentum, a statement about the funding said.
Founders Fund and Andreessen Horowitz led the Series A round of AltSchool, the startup that seeks to provide personalized education to students, which secured $33 million, TechCrunch reported.
NVM Private Equity has invested £7 million for the management buyout of No. 1 Traveller, an airport hospitality specialist, a statement about the funding said.
Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.
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