Apr 7, 2014 | News, North America
TechCrunch April 7 After Mark Zuckerberg, Peter Thiel and other Silicon Valley notables plunked down capital in a $40 million growth round for San Francisco-based artificial intelligence startup Vicarious, a few more billionaires showed up. Amazon CEO Jeff Bezos,...
Apr 7, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News April 7, 2014 Last month St. Petersburg startup FlexyMind closed its second round of funding with an investment from RWM Capital, a Russian fund management firm, for further development of its educational gaming apps for mobile devices, reported...
Apr 4, 2014 | Central & Eastern Europe, News, Russia
Moscow Times April 7, 2014 Russia’s largest steel producer Evraz has sold its Czech subsidiary, Vitkovice Steel, for $89 million to a group of private investors, as it continues to unload assets and cut costs. The buyers also took on the plant’s debt of...
Apr 3, 2014 | News, North America, Western Europe
TechCrunch April 3, 2014 Apple quietly acquired an automatic speech recognition (ASR) technology company called Novauris Technologies, which grew out of Dragon Systems R&D U.K. Ltd., the British research subsidiary of Dragon Systems, a well-known voice dictation...
Apr 3, 2014 | News, Western Europe
TechCrunch April 3, 2014 UK-based Tesco, the world’s second-largest retailer after Walmart, has made a killing in its sector by jumping early into the use of big data, collected via loyalty cards as well as through stores and online, to figure out what its customers...
Apr 3, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News April 3, 2014 Flint Capital, a $30 million high-tech investment fund based in Moscow, has invested in SailPlay, a solution provider for retailers building loyalty programs. Neither the amount of the deal nor the valuation of the startup have...
