Inverse, a startup founded in 2015, grows its readers by 700% and raises $6 Million in series A Funding.
Indian startup Smartron has launched its first smartphone in the country, the t.phone. The smartphone has been priced at Rs. 22,999, and will go on sale in early June via Gadgets 360 and the Smartront.store, with registrations already open. The company had launched its laptop-tablet hybrid, the Smartront.book (Review) in March.
Airbnb, the short-term rental marketplace, is looking to raise another $1 billion in from investors, according to PrivCo a data provider on privately-held companies.
Apple has reportedly acquired a search startup Ottocat to beef up its 'Explore' feature in the App Store.
Dropbox has acquired Israeli mobile productivity startup CloudOn. The startup allows users to edit, create and share files from Microsoft Office and other online and reportedly has nine million registered users.
Google might be ready to invest "very big" in Elon Musk founded SpaceX, according to a new report. The Space Exploration Technologies Corporation (SpaceX) is valued above $10 billion.
A startup called Lumoid lets you try five wearables for a week for $20, so that you can "try before you buy." The new service will ship to you the chosen gadgets for a week trial.
Facebook has acquired a video-compression startup QuickFire Network. The startup provides technology aimed at speeding encoding of streaming video.
Xiaomi, the largest smartphone maker in China, confirmed that it is raising $1.1 billion at a pre-money valuation of $45 billion. Rumors about a massive upcoming funding round has been floating around Xiaomi for the last few weeks.
Microsoft's quest to support all platforms with its software continues to be more evident with its latest acquisition of Acompli - a mobile email app startup. The Acompli team of around two dozen will be joining Microsoft as a part of $200 million+ deal.
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