Business Insider

Australian payments app Aston Club takes home $1.5M in seed funding

Melbourne, Australia-based payments startup Aston Club took home $1.5 million in its seed funding round led by Chris Morris of Computershare to launch a mobile app that helps users pay their bar and restaurant bills.

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Weibo celebrates public debut, venture capitalist Charles Xue release from prison

Two coincidental events took place as Weibo executives rejoiced the warm welcome it received from the international financial markets after its IPO on the NASDAQ and the release of venture capitalist and Weibo user Charles Xue.

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Tencent Holdings to launch Chinese version of Candy Crush Saga

Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.

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Turkey blocks YouTube amid new government audio file leak

Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.

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Mark Zuckerberg and Ashton Kutcher invest $40M in stealthy AI startup Vicarious

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.

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Texas startup CitySprout raising $2M in second financing to link consumers with local farmers

Austin, Texas-based startup CitySprout is raising $2 million in its second financing round to help consumers establish a link with the local farmers who produce their food.

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Australian e-commerce startup Bigcommerce to expand to San Francisco

Sydney, Australia-based e-commerce startup Bigcommerce is expanding to the US with a new office in San Francisco and will go on a two-month hiring spree in search of 40 new engineers.

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California startup Klutch scores $1.5M to help people socialize offline

Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.

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US news site Business Insider raises $12M in round led by Jeff Bezos

New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.

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Australian startup Friends for Hire lets lonely people hire others to be their friend

Townsville, Australia-based startup Friends For Hire is launching on March 22 to allow lonely people to hire other people to be their platonic friend for an hourly fee of $60.

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Israeli venture capital platfrom OurCrowd eyes investment in Australian startups

Jerusalem, Israel-based venture capital funding platform OurCrowd is looking to invest in Australia-based startups amid a 4% drop in the country's pool of venture capital.

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German software giant SAP to open startup cafes in Palo Alto

In a bid to attract more startups, Walldorf, Germany-based sofware giant SAP planned to open a cafe in Palo Alto, California, where startups companies can hang out, collaborate, and connect to over 1,000 companies worldwide.

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American book firm Barnes & Noble confirms layoffs at Nook amid business slump

Illinois, US-based book retailing giant Barnes & Noble confirmed that it eliminated jobs across the company, but denied eliminating their Nook hardware engineering division, contrary to a report from Business Insider.

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Business Insider to raise new funds from existing investors- report

After saying no to an informal acquisition bid worth $100 million from AOL last year, Business Insider is likely set to raise new funds from its existing backers, re/code reported.

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Yahoo COO Henrique De Castro leaves the company

Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.

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