French multinational mass media company Vivendi SA has acquired French video site Dailymotion for $242 million. The price was less than the $273 million mentioned when details of an offer of acquisition first surfaced in April, but the lower figure is due to the transaction occurring in Euro’s, the exchange value of which as dropped ...

Apple’s attempt to overturn an anti-trust finding that it colluded to fix the price of e-books failed Tuesday with the Federal Appeals Court upholding the original 2013 decision. The appeals court, in what was reported to be a 2-1 decision, found “that the district court correctly decided that Apple orchestrated a conspiracy among the publishers ...

Cisco Systems, Inc. has acquired software-as-a-service (SaaS) cloud-based security firm OpenDNS, Inc. for $635 million in a cash and assumed equity deal. Found in 2005, OpenDNS offers cloud security by extending the Domain Name System (DNS) by adding features that protect customers from malware, botnets, phishing, and targeted online attacks. The company’s SaaS cloud platform ...

Satellite powered data company Spire Global, Inc. has raised $40 million Series B in a round led by Promus Ventures that included existing investors RRE Ventures and Lemnos Labs, along with new investors Bessemer Venture Partners and Jump Capital. Founded in 2012, Spire is a satellite powered data company that tackles business challenges with data ...

Bitcoin and Blockchain equity crowdfunding site Bnk To The Future Ltd. (BnkToTheFuture) has passed the $10 million mark in funds raised as the site continues to attract both investors, and companies looking to raise funds. Based in London, BnkToTheFuture offers an equity crowdfunding platform that allows users to invest in private companies starting from the ...

Microsoft’s Ballmer era effort to take on Google in display advertising came to an abrupt end Monday with the company handing over the entire business, employees and all, to AOL, Inc. The deal will see AOL take over responsibility for sales of display, mobile and video ads on Microsoft properties in the U.S. and eight ...

Australian real estate agent comparison site OpenAgent Pty. Ltd. has raised AU$6 million ($4.6 million) Series A in a round led by Hollard Investments. Founded in 2012 and often described at a “TripAdvisor of real estate agents,” OpenAgent provides real estate agent comparisons, which allows users to find a qualified real estate agent to sell ...

Chinese taxi hailing app Didi Kuaidi (Xiaoju Kuaizhi Inc.) looks set to increase its current funding round of $1.5 billion with news that it is already oversubscribed. The news of a possible increase in the round came via a letter to investors from Didi Kuaidi Chief Executive Officer Cheng Wei, which explained that the offering ...

Facebook may soon be giving users the ability to “enhance” (the word is used lightly) the photos they upload with a new feature in its core app that allows users to add captions and more to photos Snapchat, Inc. style. According to reports, the new features are currently being tested on iOS devices, and allows ...

Augmented reality is headed to the stars with an announcement from the National Aeronautics and Space Administration (NASA) and Microsoft Thursday that astronauts on the International Space Station (ISS) would be provided with Microsoft’s HoloLens to assist in undertaking tasks. The goal of the new project, dubbed “Sidekick,” is to provide station crews with assistance ...