After many rumors and reports, news summarization app Wavii has officially been acquired by Google and the app has been shut down.
It's not often that child television stars go onto launch startups, but today the hottest funding story involved Soleil Moon Frye's (formerly known as Punky Brewster) new mobile startup
Assured Labor, which got its start at MIT's MediaLab, focuses on helping people find jobs (and helping recruiters fill vacancies) in emerging markets through the power of simple mobile interfaces.
Enterprise app business Software AG has acquired cloud platform vendor LongJump.
Dallas startup Bookshout! has raised $6 million for its platform that helps authors and publishers expand their audience.
The largest accelerator in Canada, the biggest seed investor in Europe, and one of the top seed funds in Australia are joining forced to put on one major demo day for 15 of their top startups May 1 in San Francisco.
KelDoc, a young French startup similar to ZocDoc that books doctor and dentist appointments online, has just nabbed €700,000 ($913,010) in funding.
Database vendor Actian has acquired “big data” and analytics startup ParAccel, the two companies announced today.
Wednesday was a fairly busy day for deals, with old-industry blue chipper GE investing big into a new platform as a service company, Yahoo Japan investing in U.S. startups, and API management company 3scale announcing new funding to grow faster.
Verizon wants to own all of subsidiary Verizon Wireless' stock. And it's willing to spend $100 billion in cash and stock to make it happen.
Fusion-io had just reported earnings earlier today, announcing $87.7 million in quarterly revenue with a net loss of $20 million, and a drop from last quarter of 27 percent and from the previous year's quarter of seven percent.
But will $4.2 million help it compete with the Intel-powered force that is Mashery?
However, this mess isn't necessarily Google's fault. A quick perusal of old newspaper articles and blog posts shows iProvo was a financial disaster long before the search giant came to town with its gigabit service and its fancy branding.
The goal: To make American startups interested in doing business in Japan.
Travel startup GetYourGuide announced today the purchase of Gidsy, an online community that connected local experts to people looking for unique experiences.
"That's the hope for the future, that Silicon Valley continues to attract many of the best and brightest of the entrepreneurs around the world."
Today, General Electric announced that it is investing $105 million in Pivotal, a hotly anticipated spin-off from VMware that is building "next generation Enterprise Platform-as-a-service."
Yup, that T-Mobile/MetroPCS deal is officially happening.
Silverpop has raised $25 million in fresh funding to help it reach out to new customers and build new automation tools that generate revenue and improve ROI.
BuddyBet is the latest online betting platform to capitalize on the growing trend of online gaming. In recent months, states have passed laws to allow online gambling, with New Jersey joining Nevada and Delaware as the latest state to relax virtual betting laws.
