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Yahoo confirms $1.1B Tumblr buy, promises 'not to screw it up'

Don Reisinger — Mon, 20 May 2013 05:14:43 PDT

The blogging site will remain a separate entity after the mostly cash deal is completed, Yahoo says, with "the same Tumblr irreverence, wit, and commitment to empower creators."

Originally posted at News - Internet & Media

Andreessen Horowitz raises funding for drone software

Don Reisinger — Wed, 15 May 2013 14:48:44 PDT

Airware provides backbone technology for drones intended for commercial use.

Originally posted at News - Cutting Edge

Peter Thiel leads $6M funding round for TransferWise

Steven Musil — Mon, 13 May 2013 16:55:52 PDT

The peer-to-peer online currency exchange, which seeks to use the Internet to make it easier to transfer funds among currencies, has transferred more than $195 million since its founding in 2011.

Google drops cash into Lending Club for minority interest

Don Reisinger — Thu, 02 May 2013 06:30:24 PDT

The search giant takes a minority stake in the company, which hooks up people who need cash with those who are willing to dole it out.

Nokia to invest in array camera start-up Pelican Imaging

Jo Best — Tue, 30 Apr 2013 07:38:17 PDT

Instead of using a single lens, array cameras are made up of a series of lenses. They build up a picture from the images taken by each lens and open up the possibility of post-capture focusing.

Intel, Samsung invest in high-powered Siri alternative Expect Labs

Don Reisinger — Tue, 30 Apr 2013 05:30:00 PDT

The companies didn't say how much they've invested in the firm, but Samsung says that it hopes to have better voice-driven and context-aware services on its products.

Originally posted at News - Mobile

Shapeways, the Etsy of 3D printing, raises $30M

Paul Sloan — Tue, 23 Apr 2013 06:09:59 PDT

Andreessen Horowitz is leading the round as Shapeways builds out its marketplace for people to build and sell 3D-printed products.

Originally posted at News - Cutting Edge

Move over Siri, Sherpa's in town

Paul Sloan — Wed, 17 Apr 2013 06:00:00 PDT

This digital assistant app, popular in Spain and Latin America, is rolling out in the U.S. today. Will it give Siri a run for its money?

Originally posted at News - Mobile

Foursquare raises $41M in debt deal with Silver Lake, others

Don Reisinger — Thu, 11 Apr 2013 09:15:51 PDT

The company says it nabbed the cash from the Silver Lake Waterman growth debt fund, and took out convertible debt from earlier investors.

Messaging app Kik adds 200,000 users -- each day

Paul Sloan — Thu, 11 Apr 2013 09:00:00 PDT

The messaging app, which now has 50 million users in total, is rolling out new versions for both Android and iOS.