VENTURE CAPITAL POST

Hyperloop, a high-tech futuristic transportation system initiated by Elon Musk, is now in progress with the help of crowdsourced teams formed after Musk open-sourced its blueprint. The technology will be tested this summer at SpaceX headquarters and is expected to be operating by 2020.

Reddit has initiated testing the official Android app on Thursday after releasing the beta version on December. Volunteers taking part in the previous test also remain as the first opportunists to test the official version. The official version is expected to override the hiccups existed in the third party application. The CEO of Reddit has hinted for going through massive modernization processes throughout 2016.

When we say TotalBiscuit, it’s the video game YouTuber John Bain. He bids an emotional goodbye to social media citing that he is not able to accept criticisms among other reasons.

Google is reportedly teaming up with Twitter to provide users with instant access to articles, reviving speculations the search giant may be acquiring the micro-blogging site. Re/Code reports the two tech giants are now working on a publishing tool that will enable users to view articles instantly on their mobile phones. That's a departure from the current set-up where users have to wait several seconds for a story to load.

Russia has come up with a new law that empowers the government to not only block websites but also orders them to share data of Russian citizens.

After suffering from a series of "missteps," Reddit and its newly appointed CEO Steve Huffman are dead serious in changing its content rules by banning discussions involving illegal materials, sexual content featuring children, confidential information, private information from individuals, and more.

The CEO of the Internet message board Reddit will be hosting a forum to discuss several sections on the popular site that are hosting disturbing and offensive content. This was announced in a post by the site's co-founder and current CEO, Steve Huffman.

Steve Huffman, Reddit's previous CEO and co-founder, is replacing Ellen Pao as the CEO after Pao resigned due to the escalating tension after a chain of conflict and issues between the top management and subreddits that has brought chaos on its online community. On the other hand, Pao will still stay at Reddit as an advisor.

Early adopters of the Apple Watch, Apple Inc's (AAPL.O) first new product in five years, are complaining that a number of its key functions are disrupted by their tattoos.

Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.

San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.

San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.

Twenty-five tech companies have turned to Senator Ron Wyden asking his help to oppose the Trans-Pacific Partnership or TPP that could potentially limit online freedoms, VentureBeat reported.

According to security researchers at Securelist, the data stolen from the computer owned by Mt Gox Chief Operating Officer Mark Karpeles' computer contained malware that pretended to be a back-end app for Mt Gox transactions but actually stole users' Bitcoins.

Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.