Tag Archives: Million

A US jury Wednesday ordered Facebook and creators of its Oculus Rift to pay $500 million (roughly Rs. 3,370 crores) to gaming software firm ZeniMax in a lawsuit that claimed the virtual reality technology was stolen. The Texas jury made the award in a trial in which Oculus was accused of basing its Rift headset on technology stolen from ZeniMax’s ... Read More »

Just a little over a month after its release, WordPress version 4.7 has been downloaded over 10 million times, according to the official WordPress.org blog. WordPress Version 4.7 was released to the public on December 6, 2016. WordPress 4.7 “Vaughan” WordPress 4.7, nick-named “Vaughan” in honor of legendary American jazz vocalist Sarah “Sassy” Vaughan, made significant improvements to previous versions of ... Read More »

HubSpot, the inbound marketing company founded by Brian Halligan and Dharmesh Shah in 2006, has filed its intentions for an Initial Public Offering. The company says it hopes to raise $100 million from sales of public stock, according to its S-1 filing with the Security Exchange Commission. Hubspot says it plans to list shares on the New York Stock Exchange ... Read More »

Instagram has done it again. The Facebook-owned company has grown to more than 600 million users, adding its latest 100 million users in just the past six months. That’s Instagram’s fastest growth rate ever. Instagram Gains an Edge Over Snapchat What makes this milestone even more special is that it comes at a time when rival Snapchat has been growing ... Read More »

HubSpot, the inbound marketing company founded by Brian Halligan and Dharmesh Shah in 2006, has filed its intentions for an Initial Public Offering. The company says it hopes to raise $100 million from sales of public stock, according to its S-1 filing with the Security Exchange Commission. Hubspot says it plans to list shares on the New York Stock Exchange ... Read More »

Product startups aren’t the only entrepreneurs using crowdfunding to finance their products. Crowdfunding giant Kickstarter has hit a landmark, recording $100 million in pledges to small publishers and self-publishing authors. In a blog post, the company said that “more than a million people from around the world have gotten behind over 30,000 Publishing projects on Kickstarter, helping nearly 10,000 of ... Read More »

Small businesses in California that can’t access capital through traditional lenders have another option. Opportunity Fund is an organization that provides microloans to small businesses. Since it was founded in 1994, the organization has loaned more than $164 million to more than 5,500 businesses. And in its 2016 fiscal year, Opportunity Fund provided over $60 million in loans, with a ... Read More »

Facebook Now Has Over 166 Million Monthly Active Users in India, Its ‘Most Critical and Strategic Market’ HIGHLIGHTS Facebook contributes $4 billion and 335,000 jobs to India Facebook revealed a three-fold business strategy for India The company has a strategic partnership with India’s top 100 advertisers As we aim to connect the next billion people on mobile platforms globally, 70 ... Read More »

With ideas like the Smarty Ring winning support in crowdfunding campaigns, the market for mart jewelry has already been established. But a company called Ringly, also known for a ring that lights up to signal incoming notifications, plans to push that market to the next level. Now, after a successful $5.1 million round of Series A funding, Ringly is ready ... Read More »

With ideas like the Smarty Ring winning support in crowdfunding campaigns, the market for mart jewelry has already been established. But a company called Ringly, also known for a ring that lights up to signal incoming notifications, plans to push that market to the next level. Now, after a successful $5.1 million round of Series A funding, Ringly is ready ... Read More »