Facebook Inc. has continued its stellar upwards projectory with its first quarter results showing the social networking giant continues to grow and grow. In Q1, Facebook posted revenue of $3.54 billion, up 42 percent over the same quarter of 2014. Excluding the impact of foreign exchange rates, revenue would have been up 55 percent. On ...

Google Inc. Wednesday launched Project Fi, its long expected wireless service, but despite the hype leading prior to launch, it’s fairly disappointing. First with the basics: as rumored Project Fi customers will access the T-Mobile, Sprint, and Wifi networks, seamlessly switching between the three. Google is hyping this feature as being revolutionary, and while the ...

Belle Gibson, the disgraced creator of the default Apple Watch app The Whole Pantry has finally confessed publicly that her various cancer stories were complete works of fiction. Gibson, who we first covered back in March, built her iOS app, then later Apple Watch app, based on her personal blog, where she told a story that she ...

Financial comparison startup CompareAsiaGroup Ltd. has raised $40 million Series A in a round led by Goldman Sachs that included Jardine Pacific, ACE & Company, and Mark Pincus, the founder of Zynga. Based in Hong Kong, the company offers financial and related services comparisons across eight sites in East Asian countries including Thailand, Taiwan, Philippines, Indonesia, ...

Community fashion marketplace Poshmark Inc. has raised $25 million Series C in a round that included Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures, and SoftTech VC. Founded in 2011, the company primarily offers a sort of mobile focused version of eBay for women’s fashion, with a pitch that was initially directed at fashionistas ...

SaaS enterprise solutions provider Atlassian Pty. Ltd. has acquired Blue Jimp SA, the makers of the open-source chat and video conferencing service Jitsi. The price of the acquisition was not disclosed. Based in Strasbourg, France, Blue Jimp’s Jitsi XMPP based service allows users to make secure audio/video calls, video conferences and chat sessions. The platform includes ...

In a surprise about-face today Facebook Inc., has announced changes to the way content is displayed in its news feed, in an attempt to make it more usable and less rubbish than it has been for several years now. Under the changes, content from your friends will now be more prominent in the news feed, ...

Twitter Inc. has changed the way its direct messaging (DM) service works by introducing the ability to receive DM’s from anyone. Previously users could only receive DM’s from people they were following, although as TechCrunch notes some users have previously had an exemption to this rule, in particular, brands, and some verified users. With the change, ...

SaaS customer support startup Freshdesk Inc. has raised $50 million Series E in a round led by Tiger Global that included Accel Partners and Google Capital. Founded in 2010, Freshdesk offers a customer support solution that is says makes it easy for companies to interact seamlessly with customers across all channels, including social and mobile. Employees ...

Google Inc., is about to change the way it ranks sites, and if your website isn’t mobile friendly you may be about to lose a pile of search engine referred traffic. Dubbed Mobilegeddon and due to launch sometime on Tuesday (April 21st,) the change will see sites that are not mobile friendly ranked down on ...