Reuters News

Pure Storage Inc filed with U.S. regulators on Wednesday for an initial public offering of common stock, a year after a private placement valued the data storage company at more than $3 billion, Reuters News reported.

Tuhu, a Chinese online platform for automobile services and products, said on Tuesday it raised about $100 million from a group of investors including venture capital firm Joy Capital, looking to expand its distribution network and warehouses.

Adidas AG (ADSGn.DE) has bought fitness tracking app maker Runtastic, giving it access to a community of 70 million active users and helping it catch rivals in connected wearables, Reuters News reported.

Online meal preparation firm HelloFresh is readying a stock market listing this year as it seeks to capitalize on buoyant equities markets and investor appetite for the Internet food market, sources told Reuters.

Critics have long lamented that Twitter Inc is difficult to use and has had trouble defining itself, which is why it has not expanded its audience, Reuters News reported.

Symphony Communication Services LLC, an instant messaging software company backed by Goldman Sachs Group Inc. (GS.N) and other finiancial institutions, is seeking additional funding that could value the startup at up to $1 billion, the Wall Street Journal reported on Sunday.

Darktrace, a cyber-security firm backed by former Autonomy boss Mike Lynch, said it had raised $22.5 million from U.S.-based venture capital company Summit Partners in a funding round that valued the company at more than $100 million, Reuters News reported.

Microsoft Corp plans to acquire Israeli cyber security company Adallom for $320 million, the Calcalist financial newspaper reported on Monday.

Global Fashion Group, the e-commerce firm backed by Kinnevik and Rocket Internet, has raised 150 million euros ($166.52 million) in funding, valuing the possible stock market flotation candidate at 3.1 billion euros ($3.45 billion), Reuters reported.