Quipper, a startup that is looking to help kids learn electronically, announced today that it has raised $3.6 million in funding. The Series A funding round was led by Globis, with participation by Atomico and Benesse.
NYPD requested that people tweet photos of themselves posting with police officers for the department to post on its Facebook page. Instead, user tweeted photos of police beating people up, mostly from the Occupy Wall Street protests. [Source: The Washington Post]
Sprint is going to unlock its phones starting February 11th, 2015 so that people who use them can use them on any other American carrier. At the moment unlocked Sprint phones can only be used on foreign carriers. [Source: Engadget]
Redwood City’s Guardant Health announced that it closed $30 million in Series B funding today, with Khosla Ventures leading the round, joined by new investor Pejman Mar Ventures and original backer Sequoia Capital. Guardant Health launched officially in February, tracking tumor mutations noninvasively and in real time. [Source: Guardant Health]
Anonymous chat app Yik Yak has raised $1.5 million in seed funding. Investors include Vaizra Investments, DCM, Azure Capital Partners, and others. [Source: TechCrunch]
April 22, 2014
“No matter how you look at the case, [broadcasters] offer no rational reason for suggesting Aereo is not legal. They keep citing things from the sixties, and the copyright arguments they make are utterly baseless. Even the cable companies don’t pay for copyright payments — they pay retransmission fees. It has nothing to do with copyright. Trying to extend that copyright to corporate has never been done before.”
HTC has said that it would consider purchasing one of Nokia’s plants in Chennai if it went up for sale. While there has been no word about whether the plant is to go on the market, this could be the case since Nokia has a slew of unresolved tax disputes with Indian authorities. [Source: Times of India]
AT&T has announced a $500 million co-venture with the Chernin Group to create a Netflix-like video streaming service. It’s still unclear what type of content the service is hoping to offer. [Source: Gigaom]
According to data from the login service Giga, Facebook is the leader when it comes to logging into services via a social account. Facebook powers 51 percent of these logins; Google comes in second with 31 percent. [Source: TechCrunch]
Website hosting platform Weebly has raised $35 million in new capital, reportedly valuing the company at $455 million. The investment came from Sequoia Capital and Chinese internet company Tencent. [Source: Digits]
Last week a Reddit user exposed that the moderators of the ‘technology’ subreddit had effectively banned articles that used terms such as ‘National Security Agency’, ‘Bitcoin’, ‘Net Neutrality’, ‘Snowden’, ‘GCHQ’, and even ‘startup’. Yesterday the “Front Page of the Internet” removed /r/Technology from its own front page menus. It’s a continuation of a theme for Reddit–last year a similar censorship scandal affected the /r/Politics subreddit, raising serious concerns over transparency and the social nature of the news site.
Vice journalist Simon Ostrovsky, who has been covering the Ukraine since early March, has been taken by a militia in the city of Solviansk. The leader of this group Vachislav Ponomaryov has admitted to having the reporter “in custody.” Vice has tweeted that it is aware of the situation and working to ensure Ostrovsky’s safety. [Source: Mashable]
Re/code is reporting that Shishir Mehrotra, YouTube’s head of product, may soon part ways with the company. While YouTube wouldn’t confirm the full departure, it did say that Mehrotra is taking on an advisory role. [Source: Re/code]