Bangalore, India-based fashion portal Myntra confirmed that it raised $50 million in a new funding round led by Premji Invest, and decided not to pursue a merger with Indian e-commerce giant Flipkart.
Facebook launched an individualized and automated "Look Back" video feature in time for its 10th anniversary, but a source said the social networking giant will be releasing an edit tool to allow users to customize the photos included in the clip.
Leuven, Belgium-based 3D printing firm Materialise acquired Poland-based prototyping company e-Prototypy for an undisclosed amount to further consolidate the 3D printing industry in Central Europe.
Toronto, Canada-based games creator Big Viking Games seeks to buy back Yoville from Zynga in a bid to avoid the game's early death, since the latter announced it would shut the game down on March.
San Francisco, US-based reading app FarFaria raised $3.25 million in a Series A funding round led by Inventus Capital Partners to launch a children's subscription book service for the iPad.
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.
Carrot, the family of apps that helps people manage daily goals and tasks, launched Carrot Fit on iTunes, a judgmental and sarcastic talking app that helps user track weight loss with a combination of rewards and punishments.
San Francisco, US-based marketing startup BrightFunnel secured just under $1 million in advisory funding to build a product that generates smarter and more accurate sales predictions.
Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.
Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.
BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.
Inq Mobile, the London-based company which is among the first to make a Facebook phone, announced via its website that it has shutdown, but the company has not elaborated on the exact reason.
San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 million to $35 million in savings for 2014.
Atlanta, US-based marketing automation platform Salesfusion has acquired social analytics platform LoopFuse for an undisclosed amount just two weeks after the former raised $8.25 million in a Series B funding round.