Prismatic will shut down its news app for iOS, Android and Web

Today, Prismatic declared that it will no longer be available and accessible for iOS, Android, and web news reader products and Interest Graph APIs for third-party developers.

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Flipboard raises new $50M fund for expansion - reports

Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.

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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.

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Chinese app store Wandoujia lands $120 in funding led by SoftBank

China based mobile app distribution platform Wandoujia raised $120 million in a recent funding round led by SoftBank Corp, for the acceleration of its growth and development of its mobile search technology.

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US digital media firm Flipboard confirms raising further $50M in third funding round

Palo Alto, California-based digital magazine service Flipboard has confirmed with VentureBeat that it is raising a further USD50 million as the second half of its third funding round.

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Flipboard raising additional USD50 million

Palo Alto, California-based digital magazine app Flipboard might be raising an additional USD50 million in funding as continuation to its first USD50 million capital, according to sources cited in a Fortune report.

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