Indian mobile payment startup Ezetap raising additional capital from American Express

Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.

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Facebook Security Director Ryan McGeehan to transfer to US Bitcoin startup Coinbase

Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.

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US-based social media management startup Percolate lands $24M in Series B funding

New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.

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San Francisco's social news service Nuzzel comes out of beta

San Francisco, US-based social news service Nuzzel came out of beta testing to open let all users view a public feed of the most relevant and popular news that are automatically customized according to their interest.

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UK medical e-learning startup Meducation picks up $1M seed capital

UK-based medical professionals' e-learning network Meducation picked up $1 million in seed capital from the Technology Strategy Board and private investors to help medical students and practitioners gain access to more educational materials.

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New York's Reonomy nabs $3.7M in Series A funding to simplify commercial real estate property research

New York, US-based commercial real estate (CRE) property research platform Reonomy nabbed $3.7 million in its Series A funding round led by SoftBank to simplify the process of gathering CRE data.

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Lenovo to continue acquiring companies to drive growth

After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.

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Dropbox acquires Massachusetts-based stealthy workplace chat solution Zulip

San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.

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Microsoft Xbox exec Marc Whitten leaves for Sonos

After 14 years of service in Microsoft, Xbox Chief Product Officer Marc Whitten will be departing and heading over to Sonos to take the same position for an unspecified reason.

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Apple starts selling the 8GB iPhone 5C in Europe

Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.

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California's iHear launches crowdfunding campaign for personalized hearing aids

San Leandro, US-based hearing product developer iHear Medical launched a crowdfunding campaign via Indiegogo to make personalized hearing aids available for 350 people worldwide with hearing impairment.

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Google Drive and Hangouts affected by widespread outage

Google Drive and chat services such as Google+ Hangouts were affected by a widespread outage which began at 12 pm ET on Monday, with Google still investigating the issue.

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US-based video discovery startup Boxfish bags $7M in Series B funding

Palo Alto, US-based video discovery startup Boxfish bagged $7 million in a Series B funding round led by Atlantic Bridge to beef up its workforce and expand into new markets.

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US health insurance marketplace Gravie scores $10.5M in first funding round

Minneapolis, US-based health insurance marketplace Gravie scored $10,5 million in its first funding round which was led by Aberdare Ventures to help its clients understand their best option for coverage.

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US game monetization firm Mochi Media to shut down on March 31

San Francisco, US-based Flash game development and monetization platfrom Mochi Media will shut down on March 31, 2013 as it no longer has a solid future with Flash games.

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