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Fuse Raises $12 Million For App Building Tool

In 2015, Fuse began testing a service that it claimed would provide a better way for designers and developers to build mobile apps, eliminating the need to constantly compile code. Today the company announced it has hit a major milestone, raising a $12 million Series A round from returning investors Northzone and Alliance Ventures. With […]

Salesforce Walks Away From Twitter Buyout

Salesforce, the only serious contender left on the list of Twitter buyout suitors, has ruled out a bit on the fledging social network. Speaking to the Financial Times, the firm’s chief executive Marc Benioff confirmed that Salesforce was no longer interested in purchasing Twitter, saying: “In this case we’ve walked away. It wasn’t the right […]

Drone Ghost

Musical.ly – The New Starmaker

Musical.ly (social network) is larger than the population in Germany. A free app with 90 million users allows “musers” to upload 15-second lip-sync videos. The platform’s popularity has skyrocketed in the last six months, drawing 50 percent of American teens and reportedly helping the company raise $100 million. “Musical.ly allows everyone to be an entertainer,” […]

CIRCUIT CITY COMING BACK?

Six months ago global sourcing exec Ronny Shmoel announced plans to revive the Circuit City brand, which he acquired last year from Systemax. At the time he projected a June opening for a Dallas prototype store, with an e-commerce site to follow. “That’s all still in the works,” Shmuel said. “We could have easily leased […]

Google For Entrepreneurs Adds First Partner in China

Many of Google’s services are blocked in China, although the company is still finding ways of maintaining ties with startups there. Today People Squared, which runs tech hubs in Beijing and Shanghai, announced that it has joined the Google for Entrepreneurs program. This means it will get financial backing for operational expenses from Google and […]

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