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Brit+Co is first beneficiary of Intel Capital's $125 million diversity fund

Brit+Co confirmed the company raised $20 million from Intel Capital, and as its first acquisition brought user-generated DIY app Snapguide to add more media to its platform.

Jun 12, 2015 08:43 AM EDT


Intel Capital allocates $125 million to fund firms with women and minorities in top roles

Intel Capital, the venture capital arm of the global chip maker- Intel Corp., on Tuesday announced to allocate $125 million fund to back companies with women and minorities in leadership roles. This comes after its pledge in January to spend $300 million over the next five years to promote diversity in the company.

Jun 12, 2015 08:34 AM EDT


New Xprize contest to give out $7 million for mobile apps promoting adult literacy

The new Xprize challenge will award $7 million for mobile apps developers who can best address adult literacy concerns. The competition is jointly presented by the Barbara Bush Foundation and the Dollar General Literacy Foundation.

Jun 10, 2015 04:44 AM EDT


Ellen Pao wants Kleiner Perkins to pay $2.7 million as settlement

Ellen Pao is willing to forgo an appeal for a sum of $2.7 million, which is most likely to prolong this three-year-old case. Pao originally demanded for $16 million as damages but jury ruled against her..

Jun 09, 2015 04:51 AM EDT


Oct 25 NFL Game Will Stream Live on Yahoo sites for FREE

Yahoo and NFL team up to broadcast a free live-streaming on NFL's Oct 25 football game.

Jun 08, 2015 11:42 AM EDT


India launches “Khoya Paya”, a website for missing children

India decides to fight kidnapping by launching "Khoya Paya" , a "lost and found" website for missing children.

Jun 07, 2015 10:59 AM EDT


“I have aged 30 years in these last 30 days”: Sheryl Sandberg, Facebook’s COO, mourns husband’s death; Writes a touching, emotional post in Dave’s honor

30 days after her husband Dave’s death, Facebook COO Sheryl Sandberg still mourns his passing. Her grief and loss are such that Sheryl says that she has aged “30 years” during the 30-day mourning period.

Jun 05, 2015 02:23 AM EDT


Drought season coming in fast; Are firefighters ready to face epic fire blazes?

Fire blazes continue to endanger the lives of firefighters each year, that’s why they undergo tough training regularly, including jumping out of an airplane and parachuting into parched bushes as well as other hard exercises that come with the job of being a firefighter.

Jun 08, 2015 10:19 AM EDT


MERS Virus Claims Two Lives In South Korea

Health officials have confirmed that two people in South Korea died from Middle East respiratory syndrome (MERS). They are the first death from an outbreak in the country. Around 700 people who are now under quarantine.

Jun 04, 2015 03:11 AM EDT


Indiana gears up to deal worst of bird flu

Indiana is hit by a virulent bird flu for the first time and is taking multiple measures to deal with worst case scenario. 300 inmates being trained for culling and other handling. Ban on bird shows in county fairs was also implemented.

Jun 03, 2015 04:55 AM EDT


Protesters Rally Against ‘Fake Name’ Policy outside Facebook’s Headquarters

Over 100 protestors have shown up outside Facebook’s headquarters to rally about the “fake name” policy of the social media site.

Jun 02, 2015 05:55 AM EDT


Google Says 21 percent of Tech Hires in 2014 Were Women, Resulting from Efforts to Bridge Gender and Minority Gaps in the IT Industry

Google reveals that 21 percent of their tech hires in 2014 are women, as part of their efforts to bridge gender and minority gaps in their workforce.

Jun 03, 2015 01:56 AM EDT


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