VENTURE CAPITAL POST

Microsoft Corp (MSFT.O) will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.

Fueled by the boom in online sales for the latest trends, London's designers are finding new ways to deliver instant gratification to fashion hungry shoppers, amid high hopes of boosting growth in the sector.

In the last week of August, Twitter entertained dozens of potential young recruits at a chic studio, while Facebook served drinks and snacks to job-seekers at its own office. More than 175 showed up to a similar event at Google in June.

Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its image just days before a highly anticipated Sept. 9 product launch.

Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.

There is power in a great logo. Whether they are plain and simple or colorful and exuberant, the logo’s capability to bring a company extensive brand recognition and distinction is undeniable. They aim to get the trust, respect and energy in the forefront of consumers’ thoughts.

Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.

Omnicom Group Inc's (OMC.N) media services division signed a deal worth $230 million with Twitter Inc (TWTR.N) that will integrate Omnicom's automated ad buying unit Accuen with Twitter's mobile ad exchange MoPub.

Twitter Inc's messaging service will have close to 400 million global users by 2018, mostly in Asia, Latin American and the Middle East, consulting firm eMarketer estimated on Tuesday, far short of the 1 billion once expected.

France-based, Bunkr, a free video presentation creator, raised $1.4 (€1 million) today from sole investor Idinvest Partners.

Peel launches new redesign of app today, which specializes in conversations around your favorite TV show on social media like Twitter.

London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.

Sprinklr has reaped $40 million Series D investment from financiers including Iconiq Capital, Battery Ventures and Intel Capital which brings the total funding for the startup to $77 million.

CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."

Two coincidental events took place as Weibo executives rejoiced the warm welcome it received from the international financial markets after its IPO on the NASDAQ and the release of venture capitalist and Weibo user Charles Xue.