Mark Zuckerberg and the friendly team at Facebook Inc., like nothing more than screwing with news feeds to better make money, but for once they might actually be giving some power back to users. A new test being undertaken by the social networking giant is said to allow Facebook users to pick particular friends and Pages that ...

Meerket, Inc. and Twitter, Inc.’s Periscope may find themselves at the end of legal action from HBO and Showtime after users flooded both services with illegal streams of the “Fight of the Century” on Saturday evening. The Pacquiao-Mayweather fight was only available in the United States via cable pay-per-view for a staggering $100, and no online ...

Spotify Inc. is reported to have raised $350 million on a high unicorn valuation of $8 billion. It’s not entirely clear if the round was Series G, or an extension on its Series F round of late 2013. The round hasn’t been officially disclosed but comes via CNBC who claims that the money is set to ...

Global food delivery marketplace Foodpanda has raised $100 million Series E in a round led by Goldman Sachs Investment that included previous investor Rocket Internet SE. Founded in 2012, Foodpanda has a global food delivery presence across 40 countries, from Mexico through to Indonesia, and a pile in between. In most markets it works as a ...

LinkedIn Inc. shares took a beating Thursday as the professional social networking company presented solid Q1 financials but revised down projected earnings for Q2. The company reported revenue in the first quarter of $638 million, up 35 percent from $473 million in the first quarter of 2014. Within each division, figures were up across the board. ...

Streaming music service Grooveshark (Escape Media, Inc.) is no longer with the company, shutting its doors today after a six-year battle with the music industry. According to reports, the closure is part of a settlement with Universal Music Group, Inc., Sony Music Entertainment and Warner Music Group, and includes a formal, public apology. Public apology ...

Circa 1605 Inc., the makers of the Circa news app are said to be on the market after the company failed to raise a new round of venture capital. According to a report from Forbes the San Francisco-based staff of 20 were informed of the situation at a meeting Thursday afternoon. “This isn’t a ‘sell the assets’ only ...

Amazon has snapped up ClusterK, Inc., a startup that allows other companies to save up to 90 percent on Amazon Web Services EC2 spot clusters. The price of the acquisition hasn’t been publicly announced, but is reported to have been in the range of $20 million to $50 million. ClusterK offers a Software as a ...

Salesforce.com, Inc. is said to have hired bankers to field takeover offers after being approached by a potential acquirer, Bloomberg reported Wednesday. News of the potential acquisition of the Software as a Service (SaaS) CRM giant saw its stock surge as much as 17 percent in trade during the day, before closing up 11.6 percent with a ...

Anonymous messaging app Secret is closing down, despite having raised $35 million and a period of being praised as the next big thing. The app, originally founded in October 2013 as a way to secretly share items before pivoting later into a messaging app, boasted at its peak 15 million users, and was perhaps best known as ...