German digital publishing house Axel Springer SA has acquired an 88 percent stake in New York-based American publisher Business Insider, Inc. on a $442 million valuation. A previous investor in Business Insider as of their last round of $25 million back in January, Axel Springer said in a statement that the near full acquisition was ...

Samsung Electronics Co. Ltd.’s new mobile payments service Samsung Pay launched in the United States Monday and although offering by far the best solution in the market, it does launch with some limitations that could make it hard to grow a serious presence. The new service, which launched first in South Korea last month, comes ...

Google may be expanding its Pixel line of laptops into tablets with a report Monday that the company was looking to take the good fight to the Microsoft Surface. According to Android Police, the Google Pixel C tablet, codenamed Ryu, will ship with a 10.2-inch display with 308ppi and a super-bright backlight capable of 500 ...

Blogging platform provider Medium (A Medium Corporation) has raised $57 million Series B in a round led by Andreessen Horowitz with previous investors Google Ventures, Obvious Ventures, The Chernin Group and Greylock Partners also participating. Founded in 2011 by Ev Williams and Biz Stone, both well known as the founders of Twitter, Inc., the site ...

Sales in China have boosted sales in Apple’s new iPhone 6s and 6s Plus, with both phones going on sale to the public last Friday to the highest sales on record for an Apple device in its opening weekend. Both phones sold a cumulative 13 million handsets globally for the three sales days ending last ...

SaaS enterprise solutions provider Atlassian Pty. Ltd., Australia’s biggest tech startup, has filed for an initial public offering (IPO). Details are somewhat vague, with The Wall Street Journal noting that the company has filed the IPO paperwork under the Jumpstart Our Business Startups Act, which is said to permit companies with under $1 billion in ...

Cloud-based CAD startup Onshape, Inc. has raised $80 million Series D in a round led by Andreessen Horowitz that included existing investors New Enterprise Associates (NEA), Commonwealth Capital Ventures and North Bridge Venture Partners. Founded in 2012, Onshape claims to be the first and only full-cloud 3D CAD system that delivers design team collaboration using ...

Enterprise storage makers Pure Storage, Inc. is looking to sell 25 million shares at a range of $16 to $18 when its initial public offering (IPO) hits the New York Stock Exchange next month, the company disclosed in a regulatory filing Thursday. The price is said to value the company between $2.96 billion and $3.33 billion. ...

In what could be described as possibly a killer app for the still in vitro virtual reality market, Facebook, Inc.-owned Oculus Rift has announced that the ever popular Minecraft is coming to the platform. The news was delivered on the second day of the Oculus Connect conference (yes, they have a conference despite still not ...

When most people think of smart watches they don’t think good looking no matter how much Apple’s marketing tries to change the perception, but what if there was actually such a thing as a sexy looking smart watch on the market? Now there is. Smart watch minnow Pebble Technology Corp. has launched the Time Round, ...