Google has leased a former printworks site in the Mission district in San Francisco as part of its strategy to get tech engineers who don't want to commute to Silicon Valley to its team, the Financial Times reported.
Technology Equipment
Boston's Laforge Optical launches crowdfunding campaign for fashionable smart glasses
Boston, US-based smart eyewear startup Laforge Optical launched a crowdfunding campaign on Indiegogo to raise $80,000 for the testing and app development for its fashionable smart glasses called Icis.
Sony surpasses PS4 sales target by selling 5.3M units in 3 months
Tokyo, Japan-based electronics giant Sony surpassed its sales target for the PlayStation 4 by selling 5.3 million units worldwide just three months after the latest game console went on sale.
US Bluetooth controller ring Fin hits $100K crowdfunding target
Palo Alto, US-based Bluetooth controller ring maker Fin hit its $100,000 funding target on crowdfunding platform Indiegogo, and now wants to stretch its goal to $150,000 to give visually impaired people a discounted price for the product.
Kingsoft to sell $20M stake in gaming subsidiary to Chinese smartphone maker Xiaomi
Beijing, China-based software company Kingsoft will sell a a 4.7% stake worth $20 million in its game developing subsidiary Westhouse to Chinese smartphone manufacturer Xiaomi.
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Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.
Google is said to be developing data transfer speeds of up to 10-gigabits per second, an internet connection that would put to shame the 1-gigabit connection of its Google Fiber offering, NBC News reported.
Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.
Switzerland-based Lemoptix has raised and undisclosed funding amount from Swisscom Ventures, the venture arm of Swiss telco. Lemoptix develops technology that can embed micro-projectors in various devices, TechCrunch reported.
Fuel3D, the UK-based company that raised $300,000 on Kickstarter for its high resolution 3D scanner, has secured $2.6 million for its early stage funding round, TechCrunch reported.
The Boston College Venture Competition or BCVC hosted the second year of the Startup Career Fair this week with over 30 tech startups taking part of the event, The Heights reported.
Marc Andreessen, venture capitalist and founder of Netscape, is optimistic that tech is already recovering from the 2008 financial crisis and that it has decades of growth ahead, TechCrunch reported.
Apple Inc is in talks with Time Warner Cable and other content partners for a faster TV set-top box with a new user-interface that could be revealed as soon as April, Bloomberg cited sources familiar with the matter as saying.
State-backed fund Innovation Network Corp of Japan (INCJ) entered an agreement to pick up a 20% stake in Kyoto-based robotic hand maker Squse Inc for JPY500 million ($4.9 million), according to three sources familiar with the matter.
