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Pax Lab Heats Up With $46.7 Million in Series C Funding To Expand and Introduce New Product Lines

Botanical vaporizer manufacturer Pax Labs, recently rounded up funding worth $46.7 million in Series C financing from investors such as Tao Capital, Sand Hill Angels, Fidelity Management & Research Company and Sivia Capital. The funding will be used for international expansion and the manufacturing of new product lines.

Jun 15, 2015 2:04 AM EDT


Foxconn to build Apple iPhone plant in India

In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra.

Jun 13, 2015 12:01 PM EDT


Europol reveals arrest of 49 cyber criminals

Dozens of suspected cyber crime offenders were arrested by the Europol police after a series of investigations were conducted by law enforcement officers from UK and Belgium respectively.

Jun 13, 2015 10:31 AM EDT


Box raises full-year forecast as more customers sign up for cloud storage

Box Inc ( Box.N), the cloud storage provider raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.

Jun 13, 2015 9:48 AM EDT


Twitter CEO Dick Costolo leaves, turns over leadership to Jack Dorsey amid shareholders complaints of slow company growth

Twitter CEO Richard Costolo will be stepping down in July amid complaints of slow user and advertising growth. Board Chairman and former CEO Jack Dorsey steps in as interim CEO while a committee searches for a permanent company head.

Jun 13, 2015 9:36 AM EDT


Apple HealthKit Update: Now Featuring Period Tracking and Sexual Activity, Which Experts Claim are Useless

Apple added a new feature in their HealthKit platform, which will be added in the new iOS 9. The app will now include features that can keep track of women's sexual activities and menstrual cycle. This is in response to the criticism that Apple has disregarded women's health issues for a long time.

Jun 13, 2015 7:12 AM EDT


Qualcomm Greater China former president Frank Meng returns amid troubled market; former head Wang Xiang moves to Xiaomi

Former Qualcomm China president Frank Meng is returning to head the company operations of the troubled U.S. chipmaker. Former head Wang Xiang exits to join smartphone maker Xiaomi.

Jun 13, 2015 6:54 AM EDT


Roomi Lands $2 Million To Pair You With The Perfect Roommate, Funds to be used for Expansion of Operations, Additional Features

Roomi is a free mobile app that makes searching for roommates and housing in New York easier and faster. They recently launched the app June 9 with a seed fund of $2 million led by DCM ventures.

Jun 13, 2015 3:10 AM EDT


Oculus VR unveils consumer version of Oculus Rift headset

Oculus on Thursday unveiled its virtual reality headset, Rift, at a press event in San Francisco. The Rift which is said to bring about a vast change in how you play your games today, will be shipped with wireless Xbox One controller. The Oculus Rift will be available to consumer by first quarter of 2016.

Jun 12, 2015 9:51 AM EDT


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 8:43 AM EDT


Metal performance for Apple's desktop OS - X 10.11: EI Capitan

Among the slew of product and services launched at Worldwide Developer Conference, Apple also introduced its latest version of desktop operating system- OS X 10.11 EI Capitan.

Jun 11, 2015 9:47 AM EDT


Twitter follows you and the apps you've downloaded for better ad targetting

Twitter on Wednesday unveiled a new tool called "installed app category targeting", which gives advertisers an edge when it comes to catering ads to users on the micro-blogging site. With the new feature, marketers can target their ads to Twitter users based on the category of the app and how recently the app was downloaded onto your phones.

Jun 11, 2015 9:27 AM EDT


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