AngelPad to launch 11 startups in San Francisco today

AngelPad has been rearing startups prior to their public debut and today, during its Spring Demo Day, the company would launch 11 startups to a roomful of investors, techies and the media.

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US social media marketing startup Argyle shuts down amid tight competition

Durham, US-based social media marketing startup Argyle announced through an email to its customers that it will shut down its operations on May 31 because it couldn't compete anymore with its rivals in the industry.

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Fastest Growing Marketing Automation Company Secures $42 Million in Venture Financing Led by Technology Crossover Ventures

BEAVERTON, OR--(Marketwired - Apr 15, 2014) - Act-On Software, the leading marketing automation provider for small and mid-market enterprises, today announced it has secured $42 million in new venture financing. Technology Crossover Ventures (TCV) led the round, with existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners, and Voyager Capital also participating. Act-On will use the new capital to accelerate its business on all fronts, including new product development, sales expansion, and brand recognition.

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Twitter acquires social data provider Gnip

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.

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British social TV app Zeebox rebrands itself as Beamly

In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.

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Twitter executives say no plans to sell holdings in the social media platform

Twitter executives said that they had no plans to sell their holdings in the social media platform, reported Bloomberg.

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Amazon Web Services executive Alyssa Henry joins Square Inc.

Former Amazon Web Services executive Alyssa Henry joins Square Inc., a crucial move following the company's announced public debut within this year.

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BRIC Language Systems Wins PrivCo's Translation Services for Alibaba IPO

NEW YORK, NY and SHANGHAI, CHINA--(Marketwired - Apr 8, 2014) - BRIC Language Systems, shortly after entering the translation services industry, has been successful in securing a major account in PrivCo - Private Company Financial Intelligence founded by Sam Hamadeh. PrivCo has been cited thousands of times in international media for research done on IPO's such as Twitter, Weibo, and Candy Crush. First up on the radar for PrivCo, is the IPO of Chinese technology giant Alibaba.

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Turkey's ban on Twitter and YouTube may kill digital startups in the country

Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.

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Tech selloff affects silicon valley's wealthiest men

According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.

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Twitter snaps up lock-screen startup Cover for Android

Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.

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Turkey blocks YouTube amid new government audio file leak

Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.

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Twitter removes #Music from App Store, to pull plug on app on April 18

Twitter has taken down its Twitter #Music from the App Store and will officially pull down the curtains on the app on April 18, VentureBeat reported.

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Turks having more difficulties going online after Twitter ban

Turks are now facing a new challenge getting access to the Internet after courts banned Twitter as alternative DNS numbers that were used to access the Internet were not anymore working, Reuters reported.

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Twitter offers SMS alternative after Turkey ban

Twitter is now offering an alternative way of sending Tweets via SMS after Turkish Prime Minister Recep Tayyip Erdogan lambasted social media for linking him to a corruption scandal and blocking the social network in the country.

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