Category: Technology
-
Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal
By Darrell Etherington Zillow is going to acquire Trulia in a deal worth $3.5 billion in stock, according to the company. The combination of these two real estate tech companies should secure Zillow’s position as a market leader in the U.S., with Trulia CEO Pete Flint staying on in his role but reporting to Zillow…
-
Apis Partners Launches New Fintech Growth Fund For Africa, Asia
By Mike Butcher Apis Partners, a new growth fund to back fintech startups out emerging markets like Asia and Africa, has launched, aiming to raise between $250 million and $300 million. Matteo Stefanel, previously a partner in emerging markets private equity firm Abraaj, created the fund with Udayan Goyal, a founder of fintech investment and…
-
Apple’s Beats Acquisition Gets Approval From The European Commission
By Darrell Etherington Apple has the green light to proceed with its acquisition of Beats Electronics and Beats Music from the European Commission. Both companies do indeed sell headphones in the EU, which is part of the motivation behind the scrutiny, but Apple and Beats don’t hold a sizeable combined market share of the headphone…
-
Sunstone Capital Backs Beacon Platform Kontakt.io To The Tune Of $2 Million
By Steve O'Hear “Bluetooth Low Energy and iBeacon are the building blocks of the next wave of computing,” says Max Niederhofer, in reference to the micro-location technology that enables apps running on your smartphone to trigger events based on your proximity to a Beacon transmitter. “It’s a cliché, but the possibilities are endless.” Read More…
-
Amazon Launches A 3D Printing Store With Customizable Goods
By Darrell Etherington Amazon has launched a new store for 3D-printed goods, which include items that can be customized to change their size, color, material and even aspects of their design. The store covers a range of types of products, including jewelry, electronics, toys and games, and home decor and kitchen supplies, and items are…
