California based Bitcoin miner Aquifer LLC has filled for Chapter 11 bankruptcy as the continuing low price of Bitcoin makes it difficult for large scale mining operations to produce a profit. In a filing to the US Bankruptcy Court for the Northern District of California February 19th, Aquifer said it had between $1m and $10m in assets, ...

Cloud accounting software and services company Xero Ltd. has raised $110.8 million in post IPO funding in a round led by Accel Partners that included current investor Matrix Capital Management. Listed on the New Zealand Stock Exchange, Xero offers software as a service (SaaS) accounting solutions to small to medium enterprises (SME’s.) Features include automatic bank and ...

Google Inc. has acquired Facebook marketing company Toro (Red Hot Labs Inc.) for an undisclosed price. Based in San Francisco, Toro claims its services offers the best way to run high performance Facebook campaigns for mobile apps. Their service offers split testing (A/B testing), lookalike targeting, and automatic bidding optimization, all packaged in what is ...

Cloud communications company Twilio Inc. has acquired Authy Inc., a provider of two-factor authentication (2FA) for large-scale web and mobile applications. The price of the acquisition was not disclosed. Founded in 2012, Authy claims that it is the simplest way to add two-factor authentication to any website or app. Authy provides a simple API for developers to ...

Is Google now a massive multi-billion dollar prude? It could well be, with the tech giant announcing that it is banning publicly viewable sexually explicit material and graphic nudity on its blogging service Blogger. The company started to inform users Monday of the forthcoming change, and also posted a notice on its support pages explaining what was ...

Apple Inc. is reported to have acquired audio software maker Camel Audio Inc. for an unknown sum. There’s no official announcement about the acquisition, but it has been confirmed by way of company registration in the United Kingdom. According to Macrumors Camel Audio has appointed Apple Europe lawyer Heather Joy Morrison as its director and changed its registered ...

Japanese e-commerce giant Rakuten Inc. may start accepting Bitcoin after CEO Hiroshi Mikitani confirmed the company was considering the move. “We are thinking about it, and we probably will,” Mikitani told the audience at the Rakuten Financial Conference, “We would like to be open [to Bitcoin].” According to Wall Street Journal Mikitani declined to specify when the ...

Former Moolah CEO Ryan Kennedy has been arrested over the theft of 3,700 Bitcoins from the now defunct Bitcoin exchange Mintpal. Troubles at Mintpal first emerged in July 2014 when the company reported that it had been “hacked” and had lost a large amount of a different cryptocurrency called VeriCoin. It turns out that was ...

Google Inc.’s video giant YouTube has today officially launched YouTube Kids, an iOS and Android app that, as the name may suggest, presents a kid-friendly version of YouTube. Rumors of the apps first surfaced last week, but YouTube made it official today in a blog post that explained how the new app was “built from the ...

The first official picture of Samsung Co. Ltd.’s upcoming new flagship mobile the Galaxy S6 has been released, and it definitely has curves! The picture, featured above, comes via T-Mobile CEO John Legere who tweeted a link to a page on the T-Mobile site that states that the “next big thing is almost here.” The ...