Reuters News

On Deck Capital Inc, an online platform for small business lending, filed with U.S. regulators on Monday for an initial public offering of common stock, Reuters reported.

Hortonworks Inc, a software maker focusing on crunching massive amounts of data generated through the Internet and mobile devices, filed with U.S. regulators on Monday for an initial public offering of common stock, Reuters reported.

Drillinginfo Inc, a company that gathers and manages data used in oil and gas exploration, has selected underwriters to lead a potential initial public offering that could value the firm at more than $500 million, sources told Reuters.

Online search and advertising company Yahoo Inc (YHOO.O) is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under Vice Chairman Nikesh Arora, Reuters reported.

EBay Inc said venture capitalist Marc Andreessen would quit its board, after the online retailer announced last month that it was spinning off its electronic payment unit, PayPal, Reuters reported.

Yahoo Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan.

Google Inc and other investors are planning to invest about $500 million in hardware and software developer Magic Leap Inc to deliver "cinematic reality," technology website Re/Code said, citing sources.

Peel, the maker of an app that acts as a "smart remote" for TVs, said it secured an additional $50 million in funding from Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N).