It has been over one month since SiliconANGLE reported exclusively on the intricate web behind one of the biggest Bitcoin scams since Mt. Gox, the tale of Tadas Kasputis and his related Bitcoin companies, EgoPay, Virtex.com and PaymentBase. Since first exposing the elaborate scam, this site has naturally received a pile of emails; the majority of which were from ...

SaaS Capital has announced that it has closed its second fund with $58 million in limited partner commitments. SaaS Capital’s first fund, which closed in May 2012, raised $22.5 million in limited partner commitments and provided funding to 14 software as a service (SaaS) companies. “The $58 million, when paired with our bank line, will give ...

Eletronic Arts Inc. (EA) has closed Maxis Emeryville, the studio behind games including The Sims and Simcity. The news first came via Twitter when game designer Guillaume Pierre tweeted “Well it was a fun 12 years, but it’s time to turn off the lights and put the key under the door. #RIPMaxisEmeryville.” EA later confirmed the news, ...

International Business Machines Corporation (IBM) has acquired deep learning startup AlchemyAPI Inc. According to Reuters, the purchase is designed to boost IBM’s push into more human-like computing services, based around its Watson technology. Founded in 2005, AlchemyAPI is a deep learning-based artificial intelligence company that provides advanced cloud-based and on-premise text analysis infrastructure that eliminates the ...

Etsy Inc. is going public with the online goods marketplace filing its initial public offering (IPO) documentation with the Securities and Exchange Commission (SEC.) According to the filing, Etsy is seeking to raise $100 million from its IPO, and the offering is being underwritten by Goldman Sachs, Morgan Stanley, and Allen & Company LLC. The ...

Netflix Inc.’s announcement that it has partnered with Australia’s second largest ISP iiNet Ltd. to allow customers to view Netflix’s soon to be launched local service without data used being counted against a customer’s data cap has been widely derided in the American press as an example of hypocrisy given Netflix’s stance on net neutrality. ...

Sony Corp. announced Tuesday that it will begin shipping its virtual reality (VR) headset, codenamed Project Morpheus, in the first half of 2016. First announced in March 2014, the company also announced a range of new specs for the device, including a new look (see picture right.) According to reports, Sony Worldwide Studios president Shuhei Yoshida ...

All but failed online e-commerce site Fab.com has been acquired by Irish custom design manufacturing company PCH International. The acquisition price was officially undisclosed, but Re/Code and others report the figure was $15 million, split between $8 million in PCH stock and $7 million cash. Perhaps one of the most over-hyped startups of what some ...

Uber Inc. has acquired San Jose, CA based mapping company deCarta Inc. for an undisclosed sum. Founded in 1996, deCarta provides geospatial software platforms that power Internet, mobile, personal navigation and location-based service applications, or if that doesn’t make sense, translated it provides mapping with bells and whistles in terms of features on top. “A lot ...

Hewlett-Packard Co. (HP) has acquired wireless networking infrastructure technology outfit Aruba Networks Inc. According to reports the terms of the transaction will see HP buy Aruba for $24.67 per share in cash. The deal is worth $3 billion, but $2.7 billion net of cash and debt. Based in Sunnyvale, CA, Aruba sells enterprise wireless LAN and edge ...