VENTURE CAPITAL POST

Apple Inc (AAPL.O) is preparing to roll out a larger, 12.9-inch version of its iPad for 2015, with production set to begin in the first quarter of next year, Bloomberg cited people with knowledge of the matter as saying on Tuesday.

Best Buy Co Inc (BBY.N), the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its stores as more people shop online.

Suppliers to Apple Inc (AAPL.O) are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.

Fitness buffs who can't make it to the gym but still want to exercise can turn to apps for a short, intense workout when they are pressed for time. The U.S. Centers for Disease Control recommend that adults do at least 150 minutes of moderate aerobic activity weekly. But recent studies suggest even short bouts of exercise can have positive health effects.

Procrastinating travelers who find it difficult to plan trips in advance could find some spontaneity and even bargains with last-minute travel apps to book flights and hotel rooms. Whether it's finding a flight, or a same-day hotel room, apps are catering to consumers seeking more flexibility.

The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changingmarkets, while Apple loses out by rigidly sticking to its high-end gadgets.

Apple has provided no concrete and immediate solutions to tackle the problem of adults and children racking up credit card bills by making "in-app" purchases on tablets and mobile phones, the European Commission said on Friday.

New York, US-based physical storage provider MakeSpace landed $8 million in funding from Upfront Ventures, OATV, Founders Fund, and other investors, to model its service after Uber and Dropbox and expand its workforce.

Los Gatos, US-based e-commerce startup Wanderful Media raised $14.5 million in its fourth funding round from different media companies to launch a mobile app called Find & Save that aggregates local sales deals.

Citymapper has raised USD10 million Series A funding round led by Balderton Capital and other investors including Index Ventures, Greylock Partners and Connect Ventures.

Mathematicians from the University of Michigan claims the iOS app Entrain that they have built can help travelers prevent jetlag by teaching them how to synchronize their body lock with new time zones.

Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.

BlackBerry Ltd said it would not renew a deal allowing T-Mobile US Inc to sell its products, a gamble by the smartphone maker as it struggles to stabilize its business under an aggressive new chief executive officer.

Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.

Redwood City, US-based video streaming service Qik will shut down on April 30 after its features have been integrated into Skype, which acquired it for $150 million three years ago.