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Microsoft acquires SwiftKey For $250M

Microsoft has London-based startup SwiftKey famed for their predictive keyboard mobile app in a deal worth an estimated $250 million. In a statement on the company’s blog, founders Jon Reynolds and Ben Medlock, wrote: ‘We’re excited to announce an important milestone on SwiftKey’s journey. The startup, which makes keyboard apps for Android and iOS devices acquired… Read More »

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WhatsApp reaches the billion-user milestone

Mobile messaging app WhatsApp on Tuesday announced that it has crossed the billion user milestone globally, with an addition of 100 million users in the last five months. “As of today, one billion people are using WhatsApp. That’s nearly one in seven people on earth who use WhatsApp each month to stay in touch with… Read More »

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Hong Kong Fintech Startup Nabs $160M in Funding

Hong Kong-based fintech innovation WeLab nabbed $160 million financing setting a new benchmark for the city’s bustling startup scene. This funding at a valuation estimated at near $1 billion comes well-timed as a week-long flurry of startup events coordinated by Hong Kong’s promotion agency InvestHK tagged StartMeUpHK kicks off with Silicon Valley’s heroic inventor Elon Musk as the… Read More »

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Kenyan Start Up, Brck, Secures Ksh 300 Million in Funding

Earlier in the week, BRCK Inc, one of Africa’s most innovative startups announced that it had closed a Ksh 300 million (USD 3 million) funding round. This significant capital raise included investment from former AOL executives Jean and Steve Case, along with other participating international investors including Jim Sorenson, TED, MKS Alternative Investments, Synergy Energy… Read More »

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The Coolest Black Entrepreneurs You’ve Never Heard Of

Fueled is the world’s premier development and strategy firm specializing in creating Android and iPhone apps. Thanks to the internet there have never been more opportunities for young people to start a business. More and more of them are achieving levels of success that only few even dare dream of. Many start with nothing more… Read More »

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Google acquires Israeli startup SlickLogin, maker of sound-based password systems

Google has acquired SlickLogin, an Israeli startup that develops sound-based password alternatives, in what is being called an “acqui-hiring” deal, which means SlickLogin’s staff and knowledge will be integrated into Google. SlickLogin confirmed the deal on its website Sunday. “Today we’re announcing that the SlickLogin team is joining Google,” Xinhua quoted the three founders of… Read More »

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Google Acquires Nest for $3.2 Billion

Google has announced an agreement to purchase Nest Labs for $3.2 billion in cash. Nest, best known for smart thermostats and smoke alarms is a successful home hardware tech startup founded by Tony Fadell, one of the fathers of the Apple iPod. Larry Page, CEO of Google, said: “Nest’s founders, Tony Fadell and Matt Rogers,… Read More »

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