From a website that sells used snowboards, software startup Shopify has become an IT company that powers 100,000 online stores in more than 122 countries, VentureBeat reported.
Sectors
500 Startups organizes meetup for LGBT tech community members
Mountain View, US-based investment firm 500 startups organized Rainbow Round, a monthly meeting where members of the LGBT (Lesbian, Gay, Bisexual, and Transgender) community from the tech sector can talk about their interests and struggles.
Google gets mocked after launching anti-scraping tool Scraper Report
US-based search giant Google got mocked by several netizens yesterday after it launched the Scraper Report, a tool that fights content stealing, because according to them, the company itself is practicing web scraping.
Chicago's Savor introduces personalized deals aggregator with coupon catalog
Chicago, US-based firm Savor is putting together an online deals aggregator app for iPad that personalizes coupons according to the user's likes interest and organizes offers into catalogs for easier browsing.
NYC's Flyby becomes first messaging app to use Google's image recognition technology
New York City, US-based messaging app Flyby becomes the first consumer-facing app to use the image recognition technology in Google's 3D mapping project called Project Tango to let users attach text and video messages to objects in the real world.
Latest News
The shuttering of Mt. Gox did not only showcase the dangers of the crytocurrency, it also unnerved the more nascent Bitcoin derivatives market, Bloomberg reported.
San Francisco, US-based Internet radio startup 8tracks, a music service that is not yet widely known but already has 8 million active users, provides unique and awesome playlists and successfully maintains its profitability at the same time.
New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.
Donna, the personal assistant app made by San Francisco, US-based mobile app creator Incredible Labs, is retiring starting February 28, just a month after search giant Yahoo acqui-hired the company.
Hulu, a platform that provides video streaming services, will be divesting its Japanese unit to Nippon Television Network Corporation after three years of operations, TechCrunch reported.
Russia fund United Capital Partners said it will be suing two shareholders of the social network Vkontakte, Mail.ru Group and Ivan Tavrin, East-West Digital News reported.
US-based e-commerce giant Amazon is reportedly in talks with big music companies about plans to offer its own music streaming service under it Prime membership, according to a report by Re/code citing anonymous industry sources familiar with the discussions.
Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.
Florida, US-based insurance brokerage investor AssuredPartners Inc completed the purchase of Lexington, Kentucky-based insurance firm Creech & Stafford Insurance Agency Inc for an undisclosed amount.
