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Microsoft launches its startup program, ScaleUp, in Sydney

The New South Wales government has officially opened its Startup Hub in Sydney, with Microsoft’s tech startups program, ScaleUp  being one of the main tenants. The venture by Microsoft, the eighth site for the program will be overseen by Annie Parker, the former Fishburners CEO recently appointed global head of Microsoft’s startup programs, including ScaleUp…. Read More »

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Twitter’s CEO downplays chatter about possible acquisition

Twitter Inc Chief Executive Jack Dorsey said on Tuesday that he saw value in the social media network remaining an independent company, downplaying recent speculation by analysts that it could be an acquisition target. “I’ve always thought that there’s a lot of strength to our independence. We can work on every device. We can work… Read More »

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Software development startup XebiaLabs lands $100m in new funding

XebiaLabs, a Burlington startup that helps large companies roll out complex software programs, said Monday that it had raised $100 million in its latest round of investment. The fund-raising haul vaults the company into the upper echelon of Boston-area startups, in terms of venture investment, and highlights the increasing interest in the field of DevOps,… Read More »

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Startup-focused co-working space WeWork Labs relaunches

in 2011, WeWork ran an accelerator-type program called WeWork Labs. That program was a bit neglected as the company began to focus on other initiatives, such as international expansion, Powered By We, and acquisitions. But today, WeWork is relaunching WeWork Labs, with 27 spaces secured in 16 markets for 2018. WeWork Labs, which will be… Read More »

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Omnivore Capital marks first close of second VC fund

Omnivore Capital Management Advisors Pvt. Ltd said it has marked the first close of its second venture capital fund at $46 million. The second fund–Omnivore Partners India Fund II–received contribution from both domestic and foreign investors, Omnivore said in a statement. The venture capital firm had raised its first fund of $40 million in 2012… Read More »

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Tiny Aussie start-up Fix2U takes on Apple

A tiny Australian start-up is taking on Apple over the lucrative iPhone and iPad repair market by making it extra convenient for users to get their device fixed. While some have tried to make the argument that a cracked iPhone screen is a modern day status symbol – it’s probably something you could do without…. Read More »

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Snapchat new update attracts outrage

Last week Snapchat rolled out its biggest redesign since the app launched in 2011.  The recent update drastically changed the way the app is set up, and also changed the way that users interact with the app and service. People are not happy. The update split the app into two major sections: friend content to… Read More »

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Apple, LG invest $10M in OLED microdisplay maker eMagin

Apple, LG and Valve are making a $10 million investment in eMagin, according to documents filed with the US Securities and Exchange Commission. The Hopewell Junction, New York-based company makes microdisplays used in the military, medical and industrial fields, but it has recently turned its attention to companies building consumer headsets. “We entered into strategic… Read More »

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