Reuters News
Google Inc was said to be in talks to acquire video-streaming service Twitch, according to a report in the Wall Street Journal, Reuters reported
At least 10 members of the nonprofit Bitcoin Foundation have resigned over this month's election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, Reuters reported.
Google Inc said it has acquired Divide, a company whose software allows corporations to manage the personal smartphones that consumers increasingly use on the job, Reuters reported.
Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 20 percent in their market debut, valuing the company at about $764 million, Reuters reported.
Uber Technologies Inc, which arranges car rides on demand, is in talks to secure a new round of financing from private equity investors that may value the company at more than $10 billion, Bloomberg cited people with knowledge of the situation as saying.
Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering, Reuters reported.
Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore's sovereign wealth fund GIC, Reuters reported.
Alibaba Group Holding Ltd may be making its debut on Wall Street later this summer, but it’s certainly no stranger to the investors of Silicon Valley, sister news service Reuters reported.
Tradeshift, which operates a platform to help businesses interact, announced it has launched Tradeshift Studio. The company, which raised $75 million in funding in February, said Tradeshift Studio will provide technology and design consulting and expertise for app development, as well as funding and resources for third-party developers. Acting like an incubator, Tradeshift will provide guidance, resources and funding for developers.
Business-intelligence service Tidemark said it has raised another $32 million in funding to help it take on an area once dominated by companies like Oracle and SAP, Reuters reported.