Short form news startup News in Shorts has raised $4 million Series A in a round led by Tiger Global Management that included Lee Fixel, Rebright Partners, Binny Bansal and Sachin Bansal. News is Shorts, despite its name, doesn’t imply that the founders aren’t wearing long pants versus offering a fascinating, primarily mobile app-focused startup that delivers the latest ...

Infosys International Inc. has acquired enterprise resource planning (ERP) provider Panaya Ltd. for $200 million. Menlo Park, CA-based Panaya applies “big data analytics” to enterprise apps including SAP, Oracle E-Business Suite, Salesforce and others that allows customers to know “what will break, how to fix it, and what to test – before making any changes.” Their ...

Chinese Bitcoin exchange BTER.com claimed Sunday that its exchange had been targeted by a major hack that had seen it lose 7170 Bitcoins, currently valued at $1.66 million. The exchange ceased trading and suspended all Bitcoin wallets, saying in a statement on its site that: 7170 BTC got stolen from our cold wallet in this transaction: ...

When many think bank robberies they may think of balaclava-wearing crooks with shot guns terrorising bank employees, but in 2015 bank robbery is a far more subtle affair involving multi-national crime gangs hacking into bank systems using malware. In a report to be published Monday, security firm Kaspersky details malware attacks that have stolen at least ...

After an ongoing level of uncertainty surrounding the use of drones for commercial purposes, the Federal Aviation Administration (FAA) has proposed a set of rules for commercial drone operation that will see some winners, and some losers in the emerging space Under the proposed regulations basic commercial operations, such as news gathering will be allowed, ...

Although smart phone support in cars is old school in 2015, what if you could buy a car that was designed from the ground up to work with the latest model iPhone? That’s the problem Apple may well be tackling with a report today that they are building an electric car, or as it will may well be called, ...

Conductor Inc. has raised $27 Million Series D in a round led by Catalyst Investors that included previous investors FirstMark Capital, Matrix Partners, Investor Growth Capital and new investor Blue Cloud Ventures. Founded in 2010 Conductor bills itself as a “web presence management” company, a sort of hybrid SEO come content management firm that offers clients the ...

Candy Crush Saga maker King Digital Entertainment PLC has acquired Seattle-based mobile game studio Z2Live Inc. (Z2) for $150 million, consisting of $45 million in cash up front, and up to $105 million of additional cash linked to future events. Founded in 2009, Z2 currently offers two titles: Metalstorm Online and the fairly popular game Battle ...

Expedia Inc. has acquired its travel-focused rival Orbitz Worldwide Inc. for $1.6 billion. The deal will see see Expedia acquire Orbitz at $12.00 per share in cash, a premium of approximately 29 percent over the average share price for the five days up to and including February 11th.  The Boards of Directors of both companies have approved the ...

A bill before the Utah State Legislature could eventually see Bitcoin being available for use in everyday transactions with the State Government. H.C.R. 6: Concurrent Resolution on Payment Options for State Services was drafted by Utah State Rep. Mark K. Roberts (R) and proposes that the “Legislature and the Governor proposes the creation of the Council on Payment ...