In the first case of its kind involving crowdfunding, the Federal Trade Commission (FTC) announced Thursday that it had taken legal action against a Kickstarter project founder who raised money for the project, then both failed to deliver the product and refused to give refunds. According to the FTC’s complaint, Erik Chevalier, doing business under ...

The days of Blackberry Ltd. flogging phones running its own operating system may be nearing an end with a report Thursday suggesting that the company is preparing to sell a phone running Android. The report from Reuters quotes “four sources familiar with the matter” saying that a phone that Blackberry showed at the Mobile World ...

Putting pirated applications and emulators on an iOS device has now become easier with news that Apple now allows non-paid up developers to sideload applications on their devices via the new version of XCode. The latest version of Apple’s integrated development environment for OSX and iOS, XCode 7, now allows anyone to install apps on ...

Adult video streaming site Pornhub wants to take one small step for man, and one giant leap for pornography with a new crowdfunding campaign to raise money to shoot the world’s first pornography film in space. The “Pornhub Space Program” project, known as “Sexploration” (we should note we’re not making any of this up,) aims ...

Free crowdsourced language learning site Duolingo, Inc. has raised $45 million Series D in a round led by Google Capital that included previous investors Union Square Ventures, New Enterprise Associates, Tim Ferris, Ashton Kutcher, and Kleiner Perkins Caufield & Byers. According to reports, the round valued the company at $470 million. Pittsburgh, PA-based Duolingo offers ...

Microsoft Corp. has acquired application management and transaction monitoring startup Blue Stripe Software, Inc. (BlueStripe.) Founded in 2007, BlueStripe’s solutions help map, monitor and troubleshoot distributed applications across heterogeneous operating systems and multiple data center and cloud environments. Software from the company is said to be used by customers to extend the value of Microsoft ...

Spotify AG is facing a good fight against Apple’s new streaming music service Apple Music, but it goes into that battle well set, with numbers released today showing their service is thriving. In a post to the Spotify Blog, the company said that it had increased its numbers to 20 million paid subscribers, and 75 ...

Spotify AG has raised $526 million Series G in a round that included Baillie Gifford, Landsdowne Partners, Rinkelberg, Senvest Capital, Discovery Capital Management, Goldman Sachs, Halcyon Asset Management, GSV Capital, D.E. Shaw & Co., Technology Crossover Ventures, Northzone, P. Schoenfeld Asset Management and TeliaSonera. According to The Wall Street Journal the deal was on a ...

Elon Musk’s Space X Corp. is one step closer to its ambition of delivering internet access from space with the company applying for Federal Government approval to start testing on the project. According to The Washington Post the filing was made with the Federal Communications Commission late last month and proposes tests starting next year. ...

Online restaurant review site Zomato Media Ptv Ltd, the owners of the service previously known as Urbanspoon, have been hacked by a white hat who thankfully for Zomato contacted them with details of the vulnerability. Along with private user details of Zomato users, the exposed data also included Instagram access tokens, which would give access ...