eBay embraces virtual currency trading

US-based online auction giant eBay has not embraced the trading of virtual currencies such as bitcoin and dogecoin in its sales site along with an update to its Currency Policy.


Apple acquires British voice recognition startup Novauris

US-based electronics giant Apple Inc acquired British automatic speech recognition startup Novauris Technologies for an undisclosed amount more than a year ago to gain traction over Google Now and Microsoft Cortana.

New York's Xcel Brands adds jewelry retailer Judith Ripka in $22.5M deal

New York, US-based luxury jewelry seller Xcel Brands Inc added jewelry retailer Judith Ripka in a deal valued at $22.5 million in combined cash, interest-free promissory notes and common stock.

Oklahoma-based anti-abortion firm Hobby Lobby stirs controversy by backing contraception makers

Oklahoma, US-based anti-abortion craft store chain Hobby Lobby stirred controversy by investing $73 million in Pfizer, Bayer, and other companies that make abortive drugs and contraception.


Latest News

Atlanta, US-based telephone and data networking firm Digitel Corp bought Cumming, Georgia-based managed IT services provider JTECH Networks for an undisclosed sum to expand its portfolio of services.
According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.
The shares of GrubHub Inc. has started trading on the New York Stock Exchange on Friday with investors scrambling to partake on the online food order site, reported Reuters.
Columbus, US-based software firm Bjond raised $3.25 million in its Series A funding round led by Draper Triangle Ventures to accelerate its workflow automation software BjondHealth.
San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.
New Delhi, India-based microfinance institution Satin Creditcare Network Limited (SCNL) bagged $4.7 million (INR28.44 crore) in a funding round led by Norway-based impact investor NMI Fund III KS (NMI) to fuel its growth and diversification.
San Francisco, California-based online grocery ePantry launched publicly to provide regular and automated delivery of more affordable green and sustainable products to the homes of consumers.
Opus Bank announced filing its IPO today and listed 5,757,460 shares of common stock and would be listed on the NASDAQ.
A source told ET that Brookfield Asset Management intends to acquire a 100 percent stake in Unitech Corporate Parks.