Blogging platform provider Medium (A Medium Corporation) has acquired Embed.ly, Inc., a company that as its name may suggest offers a service that makes it easy for publishers to embed third party content, for an undisclosed sum. Founded in 2010, Embed.ly offers a platform and suite of tools to make embedding and previewing links simple; ...

Leading bitcoin exchange Bitfinex (BTXNA, Inc.) has temporarily ceased trading after the company reported a security breach that led to the theft of a large number of bitcoins. The amount believed to have been stolen is 119,756 bitcoin, which at the time of writing is valued at $65.6 million. Bitfinex said in a blog post ...

Health monitoring smartwatch maker iBeat, Inc. has announced it has closed an approximately $1.5 million seed round that was led by Maveron, Subtraction Capital, and Correlation Ventures that included Ali and Hadi Partovi, NFL offensive tackle Russell Okung, KKR founding partner Henry Kravis, Band of Angels, and Ammunition Group. Based in San Francisco and founded in ...

Could there be a crackdown on online porn under a Donald Trump presidency? The answer to that question is possibly yes, with the Republican candidate for President having signed a pledge with an anti-porn group that, on paper at least, commits him to doing just that. Enough is Enough, who describe themselves as a nonprofit ...

The long global decline in tablet sales is showing no let up, with the latest figures from the International Data Corporation (IDC) reporting tablet sales dropped 12.3 percent in the second quarter compared to same quarter of 2015. Android tablets continued to dominate sales with 65 percent of the 38.7 million tablets sold in the ...

The battle for ridesharing dominance in China is over, with Didi Chuxing Technology Co. acquiring rival Uber, Inc.’s China operations and in the process, potentially putting an end to the global ridesharing alliance between Didi and Uber rivals Lyft, Inc., GrabTaxi Holdings Pte. Ltd., and India’s Ola (ANI Technologies Pvt. Ltd.). Under the deal Uber ...

Ridesharing unicorn Uber, Inc. wants to be free of having to rely on Google Maps to aid drivers in navigating routes, investing $500 million into building its own mapping product, according to a report Sunday. The Financial Times claims that Uber has mapping vehicles driving across the United States and Mexico, recording data for their ...

In a win for ride sharing rivals Uber, Inc. and Didi Chuxing, the Chinese government has issued a new law and set of regulations that would make both services legal in the Middle Kingdom. According to Bloomberg the new regulations govern the operations and define the scope of how the companies can operate, including notably ...

Cloud storage startup Upthere, Inc. has raised $77 million in a round led by KPCB and Western Digital that also included Elevation Partners, Floodgate, GV, NTT Docomo Ventures, and Square 1 Bank. Based in Palo Alto and started by former Apple engineers including former Mac software engineering chief Bertrand Serlet, Upthere states its mission is ...

Samsung Electronic Co. Ltd. has increased its lead as the world’s largest smartphone vendor in the second quarter as the overall market remained flat and Apple, Inc.’s market share has shrunk, according to a new report from the International Data Corporation (IDC). All vendors combined shipped 343.3 million smartphones in the quarter, up only 0.3 ...