Online video solutions and distribution company Elemental Technologies Inc. has been acquired by Amazon.com, Inc. division Amazon Web Services (AWS) for a figure believed to be $500 million. Founded in 2006, Elemental is a leading supplier of software-defined video solutions for multiscreen content delivery. The company claims to have pioneered the use of software-based video ...

Apple’s all-in-one desktop range is set for a shakeup with a report Thursday that the company will be launching a new 21.5 inch iMac with 4k screen. 9to5Mac claims that Apple is planning to announce the refreshed version of the smaller iMac by the end of October alongside the new version of its operating system OS ...

AOL, Inc. has acquired mobile advertising and data company Millennial Media, Inc. for $238 million. The all-cash deal sees AOL offering Millennial stockholders $1.75 per share of common stock. Founded in 2006, Millennial bills itself as “the leading independent mobile marketplace” and offers advertising solutions that are claimed to make mobile simple for the world’s ...

Bitcoin exchange and payments service provider Paymium has raised a seed round of €1 million ($1.12 million) that included Newfund, Kima Ventures, Galitt and a number of unnamed individuals. Founded in 2011, Paymium offers a Bitcoin exchange which they claim offers a secure, reliable, high-performance trading platform that is in compliance with European regulations. On ...

Chinese smartphone maker and leading unicorn Xiaomi, Inc. may be expanding its horizons into the laptop market, according to a report published Wednesday. Bloomberg Business quotes “people with direct knowledge of the matter,” stating that Xiaomi’s notebook may go on sale in the first quarter of 2106 and will compete with such premium computers as ...

The newest member of Apple’s iPad family may be coming sooner than expected with a report claiming that the iPad Pro may be revealed September 9 at an Apple launch event along with the new iPhone and Apple TV. According to 9to5Mac, which is usually pretty spot on with these things, the reveal of the iPad ...

Notorious hacking group Lizard Squad is back in the news with reports that they managed to take down a United Kingdom law enforcement site. Described by some as a hack, the group appears to have launched a distributed denial of service attack (DDoS) attack against the website of the National Crime Authority (NCA), the U.K.’s ...

In a move likely to be rejoiced by anyone who has ever used their smartphone to access a website, Google has announced that it’s cracking down on companies who use full-screen overlay app install interstitial ads on their sites. The move will see Google kick sites who use this form of advertising where it hurts ...

Quote-to-Cash cloud software-as-a-service (SaaS) firm Apttus, Inc. has raised $108 million Series C in a round that included Iconiq Capital, K1 Capital, KIA and Salesforce Ventures. According to reports the new round was raised on a valuation of more than $1 billion, giving the company unicorn status for the first time. Founded in 2006, Apttus ...

Google has stepped forward Tuesday in its evolution as a brand to great new territory with a “brave” new logo that kicks off Google’s past and encapsulates a new beginning for a company that wishes to do amazingly new things in the decades ahead. LOL, just joking. Google has instead simply changed the font for ...