The price of Bitcoin surged through the $300 mark over the weekend off the back of implied demand due to the debt crisis in Greece that may force the country to leave the Euro. Bitcoin hit a high of $315.88 on BitStamp, the highest price of all the exchanges, with others reporting figures around $310-$315 ...

The Federal Trade Commission (FTC) is said to be looking into Apple, Inc. and its treatment of rival streaming music services. A report over the weekend claims that although not yet a formal probe, the FTC is undertaking a preliminary investigation on a number of grounds, all based around the fair contention that Apple is ...

Interim Reddit Chief Executive Officer Ellen Pao resigned from her role as head of the “front page of the internet” Friday after months of ineptitude in running the site, resulting in near constant user outrage. The announcement came via Reddit itself, with Reddit admin samaltman writing that Pao had stepped down from the position by ...

Deception-based cyber security firm TrapX Security, Inc. has raised $9 million Series B in a round led by investors Intel Capital and Liberty Venture Capital. Based in San Mateo, CA, TrapX aims to move its customers to a proactive posture when it comes to cyber-attacks, through what it claims is fundamentally a very new way of ...

Operation intelligence firm Splunk, Inc. has acquired cyber-security startup Caspida, Inc. for $190 million. According to a statement from the company, the deal includes $127 million in cash and $63 million in restricted Splunk securities. Based in Palo Alto, Caspida is a cyber-security and threat detection company that automatically detects and prevents hidden threats in ...

Slack Technologies, Inc.’s rapidly growing enterprise messaging platform received an upgrade of sorts this week with a new feature that allows users to like posts from others by using one of Slack’s 722 emoji. Described by Slack as “722 ways to show I got your message” the new feature is an add-on to a previous ...

Yahoo, Inc.  has decided it wants a large slice of the burgeoning fantasy sports market with a new product that allows fans to wager real money on their picks Called Yahoo Sports Daily Fantasy, the new service is said to deliver a more intense, daily form of the virtual “sport” and allows competitors to bet ...

Language learning service Babbel (Lesson Nine GmbH) has raised $22 million Series C in a round led by Scottish Equity Partners that included existing investors Reed Elsevier Ventures, Nokia Growth Partners, and VC Fonds Technology Berlin. Founded in 2007, Babbel claims to make learning languages fun (if that’s humanly possible,) along with the process being ...

Dating app provider Tinder, Inc. is joining the social media craze of “verified profiles,” so users will know that the celebrity they’re hooking up with is the real deal. The company, a part of IAC/InterActiveCorp, Inc. announced the move in a post to their official blog, because apparently people were pretending to be celebrities, when ...

Indian music streaming service Saavn, LLC. has raised $100 million Series C in a round led by Tiger Global Management. Founded in 2007, Saavn is said to be India’s leading digital music service, that further “transforms how people around the world access and experience music on a daily basis,” or in less floury language, it’s ...