California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
Sectors
ExitTicket Student Response System is bought by EdStart.com
ExitTicket, a student response system designed by Dr. Louise Walters and rolled out last year, was acquired by EdStart.com from Leadership Public Schools, a statement about the acquisition said.
Mashable closes Series A round with $14M
Mashable completed its Series A funding round with $14 million. The round was closed with an investment from Tribune Digital Ventures, a statement about the financing revealed.
Microsoft reportedly losing two top execs
Redmond, US-based software giant is losing two of its top executives: Former Skype chief Tony Bates and marketing head Tami Reller, according to a report by tech news site Re/code.
Apple CEO promises new products, says Apple TV no longer a 'hobby'
Apple Inc sold more than $1 billion of Apple TV set-top boxes in 2013 and is investing heavily in the next generation of products, Chief Executive Tim Cook said at the company's annual meeting on Friday.
Latest News
Ariel Garten, the Co-Founder and Chief Executive Officer of InteraXon, belied rumors that Google Co-Founder Sergey Brin made her an offer to purchase the startup.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
The gift of $6.8 million from search giant Google to San Francisco for its Free MUNI for Low-Income Youth program is one way that the tech industry can help the city deal with its gentrification problem, TechCrunch reported.
David Goel, the manager of Waltham, Massachusetts-based hedge fund Matrix Capital Management, bought a three-bedroom apartment in Manhattan fro Charles Bronfman, the heir of Canadian beverage firm Seagram Co, in a deal valued $19 million.
E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.
Indiana, US-based commercial vehicle manufacturer Supreme Industries Inc is about to divest its shuttle-bus business to Elkhart-based recreational vehicle maker Forest River Inc in a deal valued at $7 million.
Babel Street, a startup that can decode data from complex information, got $2 million from angel investors to go towards its sales, marketing and product development initiatives, VentureBeat reported.
Sources told Bloomberg that pizza restaurant chain Sbarro is preparing for a bankruptcy filing which could take place any time in the next few weeks.
