Young Entrepreneurs Academy (YEA!), an entrepreneurship program for middle and high school students, awarded seed money to five startups in the Tuscaloosa, Alabama area after the student founders presented their business plans.
Sectors
David Byttow says anonymous sharing app Secret takes firm stance on cyber bullying
David Byttow, the Co-Founder and Chief Executive Officer of anonymous messaging app Secret, said his company is firmly against bullying even if he does not see a lot of cyberbullying in the platform now, TechCrunch reported.
Indian software firm Persistent Systems invests in California hygiene startup Hyginex
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.
US data storage startup Actifio scores $100M in funding at $1.1B valuation
Boston, US-based enterprise data management startup Actifio scored $100 million in its Series B funding led by Tiger Global Management for its expansion with its valuation now reaching $1.1 billion.
As Microsoft ends support for XP, financial firms look to Linux, Windows XP for ATMs
As Microsoft pulls out support for Windows XP next month, financial firms and ATM operators are now looking to Windows 7 and Linux to power their machines, TechCrunch reported.
Latest News
Philadelphia, US-based matchmaking startup Mixter helps make blind dates for undergraduate and graduate students easier and more comfortable by turning it into a social gathering for two groups.
Nokia said its $7.2 billion deal with Nokia is set to close on April and not in the first quarter of this year as was originally planned, TechCrunch reported.
Southern California households are complaining that Verizon Communications Inc is not maintaining its traditional phone lines and forcing ratepayers to switch to Voice over Internet Phones, the Los Angeles Times reported.
Eleven startups coming from eight countries were chosen to become part of the TechStars London lineup for 2014 out of the 1,500 that applied, TechCrunch reported.
Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.
The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.
San Francisco, US-based online restaurant reservation service OpenTable will shut down Los Altos, California-based restaurant recommendation app Ness, which it acquired in February, on April 21.
Arusha, Tanzania-based solar energy provider Off Grip Electric scored $7 million in a funding round led by Vulcan Capital, SolarCity, and Omidyar Network to power homes with prepaid electricity.
WelVU, a startup that offers a multimedia patient engagement technology platform, raised $1.25 million from unnamed investors for its initial seed funding round, VentureBeat reported.
