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Charleston-based software firm PeopleMatter raises $16 million

Charleston-based PeopleMatter announced on Monday that it has secured $16 million in Series E funding bringing its total startup capital kitty to $63 million. The $16 million funding was led by New York-based StarVest Partners. It included money from all of PeopleMatter’s earlier investors: Harbert Venture Partners, Intersouth Partners, Morgenthaler Ventures, Noro-Mosley Partners, Scale Venture… Read More »

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Burberry CEO Angela Ahrendts Moves To Apple

Burberry chief executive Angela Ahrendts will leave the luxury goods firm next year to join technology giant Apple. Angela Ahrendts, chief executive officer of Burberry, will becomes Apple’s new senior vice president of retail and online stores—a brand new position that oversees the “strategic direction” of both its brick-and-mortar stores and online retail—that reports directly… Read More »

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Facebook to pay 614,000 users $15 each over privacy concerns

After more than two years of deliberation, a U.S. federal judge in California has granted final approval for Facebook’s $20 million settlement of a lawsuit over its “Sponsored Story” advertisements, reports Reuters. The suit, filed by five plaintiffs in April 2011, asserted that Facebook improperly used photos and names of people in Sponsored Story ads,… Read More »

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New York Times, Twitter and Huffington Post hacked by Syrian group

Media companies including the New York Times, Twitter and the Huffington Post lost control of some of their websites Tuesday after hackers supporting the Syrian government breached the Australian Internet company that manages many major site addresses. The Syrian Electronic Army, a hacker group that has previously attacked media organizations that it considers hostile to… Read More »

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Twitter blocks Desmond Tutu during spam cleanup

Just hours after Retired South African archbishop Desmond Tutu launched a Twitter account, he found it blocked for “aggressively following” other users. Earlier, Tutu, who officially retired from public life in 2010, had been widely welcomed to Twitter. His first tweet read: “In an ode to the words spoken by Mandela when he retired from… Read More »

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Karbonn A11+ available online

The Karbonn A11+ has surfaced without an official statement in sight, but that hasn’t stopped e-retailers such as Snapdeal and Saholic from stashing it. Just last week that Karbonn introduced two Android ICS-driven smartphones dubbed Smart A1 Star and A5 Star. The Karbonn A11+ features a a 4.7-inch capacitive touch panel with a resolution of… Read More »

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