The International Finance Corporation, the investment arm of the World Bank, said it has made a $4 million commitment to two new funds as part of its $30 million Startup Catalyst initiative, which backs accelerators and seed funds in emerging markets. Read MoreSource: TechCrunch
No major surprises here: Earlier this month, Google announced that the Android 7.1 Nougat Developer Preview and its SDK tools would roll out to developers sometime later this month — and now that we have passed the middle of the month, the preview is indeed rolling out to those who have signed up for the Android Beta Program. While the Android Beta Program is mostly geared toward…
You're a train conductor speeding along when you suddenly see five people tied up on the tracks in front of you. You don't have enough time to stop, but you do have enough time to switch to an alternate track. That's when you see there's one person tied up on the alternate track. Do you pull the lever to make the switch, or stay the course?
Yahoo secretly scanned its users emails at the behest of a U.S. government agency — and now it wants the government to explain why. In a letter to James Clapper, the Director of National Intelligence, Yahoo carefully avoids admitting that it scanned users' email or that it received an order to do so, but asks Clapper to "clarify this matter of public interest." The…
Circle has lit up two more European markets as it works to rapidly build out its presence in the region. Users of the p2p payments app in Spain and Ireland can now connect any Spanish or Irish bank account to the app to send and receive money within their own countries and across borders.
Leanplum started out as a mobile A/B testing platform but has since built on this foundation to become a fully-fledged mobile marketing platform. The company has now raised a $29 million Series C round led by Canaan Partners with participation from existing investors Kleiner Perkins Caufield & Byers and Shasta Ventures. This brings Leanplum's total funding to 46.4 million to…
Why do some companies scale to millions of users while others wallow in obscurity? What explains the runaway success of a company like Facebook while a startup like Viddy, a mobile app for video, attracted millions of users and millions of dollars in financing, only to lose both? When it comes to startup success, there's never a magic bullet.