Chinese gadget maker Huawei unveiled five new devices during the Mobile World Congress tradeshow held in Barcelona, including two tablets, one smartphone, one smartband, and a fast mobile Wi-Fi device.
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US-based cybersecurity startup Shape Security pockets $40M in venture funding
Mountain View, California-based cybersecurity startup Shape Security pocketed $40 million in a venture funding round led by Norwest Ventures and Sierra Ventures to beef up its product offerings and its sales team.
Nokia threatened by Mozilla's $25 Firefox OS smartphone
Threatened by the news of the Mozilla Foundation developing a $25 Firefox OS smartphone, Finnish phone maker Nokia also launched its own set of new Android smartphones for emerging markets during the Mobile World Congress held in Barcelona.
More corporations support technology startups through accelerators
After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.
Easy reading app of Boston firm Spritz to debut on Samsung Galaxy S5 and Gear 2
Boston, US-based app maker Spritz said it will launch its app that will make reading easier on small devices on the soon-to-come smartphone Galaxy S5 and smartwatch Gear 2 of South Korean electronics giant Samsung.
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Africa is already in the radar of large American technology corporations and venture capitalists as IBM, Microsoft and Intel Capital make bets on startups in the continent, TechCrunch reported.
Navigator Campus is going to be the first private technology park dedicated to hardware to be launched in Russia. It will focus on projects like wearables, 3-D printing and consumer robotics.
Berlin, Germany-based solar energy startup Changers closed $1.5 million in a Series A funding round led by state-backed fund BFB Frühphasenfonds Brandenburg to turn solar power creation into a rewarding game.
San Francisco, US-based fitness tracking firm Fitbit issued a voluntary recall of its wristband activity tracker Fitbit Force after a small percentage of users reported skin irritation, and promised to release a new version of the product.
Tech giant Apple added app testing platform maker Burstly, owner of mobile app testing tool TestFlight, for an undisclosed amount, according to sources.
Washington, US-based e-commerce giant Amazon is scheduled to launch its Android-run TV set-top box in March to gain traction over some of its rivals in the digital media sector, according to a report by Re/Code.
US-based search giant Google announced that it is developing an experimental smartphone 3D mapping platform called Project Tango which is led by the advanced hardware group of Motorola.
Canonical, the parent firm of UK-based operating system Ubuntu, partnered with Chinese electronics firm Meizu and Spanish mobile gadget firm Bq to build the first Ubuntu Mobile phones this year.
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
