Reuters News
Israeli venture capital funds attracted $914 million in 2014, up 68 percent on the year, and look set to draw even more funding in 2015, the Israel Venture Capital (IVC) Research Center said on Wednesday.
Whistle Sports, a Youtube sports network aimed at millennials and kids, raised $28 million in a funding round announced on Tuesday that included investors such as European cable group Liberty Global and Denver Broncos quarterback Peyton Manning.
Ellen Pao, a former partner at Kleiner Perkins Caufield & Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show.
Social network operator Facebook Inc said it bought QuickFire Networks, a startup that helps view high-quality video with low bandwidth.
Online data storage provider Box Inc expects its initial public offering of 12.5 million shares to be priced at $11-$13 per share, valuing the company at up to $1.55 billion, Reuters reported.
Indian property search website Commonfloor.com has received funding from Google Capital, an equity fund backed by Google Inc, the online portal said in a statement on Thursday.
Facebook Inc (FB.O) acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones, Reuters reported.
Yuri Milner, the billionaire Russian who holds the largest outside stake in Chinese handset maker Xiaomi, said he expects to invest more evenly between the United States and China in 2015, Reuters reported.
A ban on online taxi services in India, following the arrest in New Delhi of an Uber driver accused of rape, has brought uncertainty to the millions of dollars of international investment pumped into Uber's Indian rivals Ola and TaxiForSure, Reuters News reported.
Japan's SoftBank Corp will soon downsize its Silicon Valley offices, people with knowledge of the matter said, signaling the company won't revive efforts to buy T-Mobile U.S. Inc., Reuters News reported.