VENTURE CAPITAL POST

US-based mobile payments company Square has made its second acquisition in a week with the purchase of Evenly, an app that helps users share expenses, in a deal with undisclosed financial terms.

Former American Idol host Ryan Seacrest invested USD1 million to develop a prototype of Typo Keyboards, a simple device that functions as an attached keyboard for iPhone 5 and 5S.

Japanese electronics conglomerate Sony Corp. may spend JPY10 billion on a chip plant it intends to buy from Renesas Electronics Corp. Sony is reportedly increasing its chip output to boost its profits.

Sift successfully raises USD 2 million in seed funding for its personalized shopping app and at the same time, releases its iPhone app. Funding is led by DN Capital and from its previous investors.

The Hunt, an online community where you can track down items you covet, raised USD5.5 million in its first round of institutional funding to create an iPhone app for the site.

iPhone maker Foxconn Technology Group said it plans to invest USD40 million in Pennsylvania for the development of robotics and a high-tech manufacturing facility for telecom and internet equipment.

This week, Google rolled out an iPad-focused update to its Gmail for mobile apps, which can be downloaded for free in the Apple iTunes Store.

California-based company Selligy raised USD2.8 million in a Series A round to fund the integration of its customer relationship management (CRM) app with iPad and Android devices.

Users take to social media to air their frustration when they failed to successfully download Apple's newest operating system, the iOS 7.

The Apple iOS 7 was a visual departure from its earlier versions, a report from The Independent said.

The Apple iPhone 5C and 5S with its new technology stands to create more business for eBay, Discovery and Intuit.

Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.

Mobile gadget news and reviews site GottaBeMobile reported that Apple Inc. would be releasing its newest iPhone security addition in its operating systems for its mobile gadgets that would lower mobile theft crime rates of newer iPhone models.

Amazon clarified a blog report that the ecommerce firm was preparing its own phone.

Sources said NTT DoCoMo would finally start offering Apple's iPhones to its Japanese subscribers.