VENTURE CAPITAL POST

Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.

Google Inc., which acquired startup Bump Technologies last year for $30 million to $60 million, will end the operations of smartphone file-sharing app Bump and photo-aggregating software Flock on January 31.