Online storefront provider Shopify Inc. has filed for its initial public offering (IPO,) with the company hoping to raise $100 million. According to reports, Shopify will be listed on the New York Stock Exchange under the ticker symbol “SHOP” and on the Toronto Stock Exchange as “SH.” According to its Securities Exchange Commission (SEC) filing, the ...

Mobile vision company Movidius Ltd. has raised $40 million Series E in a round led by Summit Bridge Capital that included Atlantic Bridge Capital, AIB Seed Capital Fund, Capital-E, DFJ Esprit and Robert Bosch Venture Capital, along with new investors ARCH Venture Partners and Sunny Optical Technology Group. Founded in 2006, Movidius designs compact, high-performance, ultralow power, computational imaging ...

Hortonworks, Inc. has acquired SequenceIQ, Inc., an open source provider of rapid deployment tools for Hadoop, for an undisclosed price. Based in Budapest, Hungary, SequenceIQ gives organizations the ability to deploy secure and elastic Hortonworks Data Platform (HDP) clusters in a consistent manner across the entire analytics application lifecycle. The service is said to be ...

Google’s upcoming mobile virtual network operating (MVNO) play may be known as “Project Fi” and offer pay per gigabyte plans, according a report today. Android Police claims in a post to have discovered an app for the service named Tycho, an account management app for the service that is similar to ones used by existing ...

3D Robotic’s Inc has today launched Solo, a new drone that it claims is the world’s first smart drone. The drone comes with two integrated Linux computers, one on the craft itself, and one in the controller that provide both autonomous flight and camera control. Solo is said to delivers several world-first technologies, including unfettered in-flight ...

LinkedIn Corporation has today launched Elevate, a new app that encourages employees to share content from the companies they work for. Available on both iOS and Android, along with a desktop version, the app lets businesses share content with their employees, who, in theory, will be encouraged to share said content with their networks. The ...

Twitter Inc. may be ready to up the ante when it comes to grabbing new users with a new directory currently being A/B tested on its front page. The new directory, best described as being reminiscent of a Yahoo style, offers links to users on Twitter in various categories, including Comedians, Cute Animals, Celebrity Chefs ...

The Entertainment Software Association (ESA,) the representative group for game publishers, has come out against an attempt by the Electronic Frontier Foundation (EFF) that would allow abandoned games requiring online verification to be preserved for further use. In 2015 many games released require online verification to be played, even if the game itself is not an ...

Amazon Inc. has announced the launch of its Amazon Elastic File System (EFS,) their newest service for clients of Amazon Web Services (AWS.) Amazon’s EFS is a file storage service for Amazon Elastic Compute Cloud (Amazon EC2) instances, that allows users to create and configure file systems quickly and easily. Storage capacity is elastic, growing ...

LinkedIn Corporation has entered an agreement to acquire old school online education site Lynda.com. According to the official release, the transaction is valued at approximately $1.5 billion, in a combination of approximately 52 percent cash and approximately 48 percent stock. The deal may be subject to adjustment and is expected to close during the second ...