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Yahoo has been on an acquisition spree lately, and it's not done yet.

The latest catch: Rondee, a free conference-call service provider. The service announced the deal Wednesday on its Web site, saying simply that it's been acquired by Yahoo and will join the online giant's Small Business team. The terms of the deal were not disclosed.

With the Yahoo acquisition complete, Rondee is no longer accepting new users. Current users can continue to create their free conference calls until July 12. Data from past calls will be available until August 12. After that, Rondee is going … Read more

WhatsApp, the mobile service that has established itself as a free alternative to texting, has reached new heights.

The company announced on its Twitter page on Wednesday that in the previous 24-hour period, it had set a new one-day record of handling 27 billion messages. According to the company, its users sent over 10 billion messages during the period, and received 17 billion messages.

WhatsApp has been growing by leaps and bounds. On December 31, the company hit a new record for itself of handling 18 billion messages in a day.

Media outlet Bloomberg will launch a $75 million venture capital fund to invest in early-stage companies.

The fund, called Bloomberg Beta, is expected to launch Wednesday, according to various media reports, but has already invested in nine companies, including Newsle, Nodejitsu, Codecademy, Errplane, and ProsperWorks, according to VentureBeat.

The independent venture will focus on startups that are "producing insights from data" and "making the experience of work better," according to a news release cited by VentureBeat.

Bloomberg has invested in tech companies before through Bloomberg Ventures, an incubator that helped companies that could be combined with … Read more

Microblogging service Tumblr is being acquired by Yahoo.

Yahoo announced the deal early Monday, along with a "promise not to screw it up." The Internet pioneer is paying $1.1 billion for Tumblr, "substantially all of which is payable in cash," Yahoo said.

The news had been expected. The Wall Street Journal reported Sunday that the Yahoo board had approved the deal.

Under the terms of the deal, Yahoo will allow Tumblr, which has over 300 million monthly unique visitors, to operate as a completely separate entity that retains "the same Tumblr irreverence, wit, and … Read more

Andreessen Horowitz, one of the most prominent Silicon Valley investors, is leading an investment round in a company that's developing software for the commercial use of drones.

Called Airware, the Newport Beach, Calif., company provides several different platforms and tools for companies that want to invest in unmanned aerial systems (UAS), otherwise known as drones. Andreessen Horowitz led the funding round in the drone company, which raised $10.7 million. Google Ventures also participated in the round, according to All Things Digital, which was first to report on the news.

The key difference between Airware and the drones we … Read more

TransferWise, a London-based peer-to-peer currency exchange, announced Monday that it has closed a $6 million Series A funding round led by PayPal co-founder Peter Thiel's Valar Ventures.

The investment in the company, which seeks to use the Internet to make it easier to transfer funds among currencies, marks Valar Ventures' first foray into Europe. Thiel, who was Facebook's first outside investor, was joined in the round by SV Angel and previous investors IA Ventures, Index, Seedcamp, and early stage investment firm TAG.

Coupled with a previous seed round, the recent investment brings TransferWise's funds raised to $7.… Read more

Google has dropped a significant investment into loan-pairing company Lending Club, the companies announced today.

Lending Club announced today that Google has invested in its operation to take a minority stake in the company. Lending Club didn't say exactly how much Google invested, but did say that it was part of a $125 million round of financing. Google and another investor, Foundation Capital, acquired shares from existing investors.

Since its founding in 2007, Lending Club has been growing significantly. The company facilitates loan transactions between those who need cash and those who are willing to dole it out. Lending … Read more

Nokia's VC arm, Nokia Growth Partners, is set to invest in an imaging start-up.

According to Bloomberg, Nokia Growth Partners plans to put funds into array camera company Pelican Imaging. Based in Mountain View, Calif., Pelican Imaging created its first array camera for smartphones in 2011. Rather than using a single lens, array cameras are made up of a series of lenses and build up a picture from the images taken by each. As well as being thinner than a traditional smartphone camera, arrays open up the possibility of post-capture focusing -- similar to what Lytro does with traditional … Read more

Expect Labs, a company building a Siri-like platform on steroids, has just raised some extra cash from both Samsung and Intel.

Venture capital arms at both companies on Tuesday announced that they have dropped some money into Expect Labs to help it continue to build its Anticipatory Computing Engine, a service for companies that's "designed to analyze and understand conversations in real-time and proactively find related information." The Engine has eyes on anticipating what a person needs before they even realize it and then providing relevant information.

According to Expect Labs, which has also captured cash from … Read more