The Internet news media outfit, BuzzFeed, has acquired New York-based startup, Torando Labs for an undisclosed amount, early this week, in-line with BuzzFeed’s strategy to invest in technology and its plans to acquire and fuel new companies and technologies. “To build a modern media company, data and technology have to

Strava, an app that tracks cycling and running activities via GPS, has landed $18.5 million in Series D funding led by Sequoia Capital. The round also saw participation from existing investors Sigma West and Madrone Capital Partners. Michael Moritz, Chairman of Sequoia Capital will be an adviser to Strava. “Strava

VMware, a cloud and virtualization software provider, has announced the acquisition of assets of database clustering and replication outfit, Continuent where the latter’s team will join VMware’s Hybrid Cloud Business Unit. Ajay Patel, Vice President of Application-as-a-Service at VMware explains that combine wants, “to enhance Continuent’s technology, integrating it within

Researchers at Microsoft Research Asia have discovered a solution to the excruciatingly slow object detection that is characteristic to existing “deep convolutional neural networks” (CNNs) which has been published in Spatial Pyramid Pooling in Deep Convolutional Networks for Visual Recognition, a research paper written by Kaiming He and Jian Sun,

Enlitic, a San Francisco-based startup that is tapping Big Data to innovate in Medical Diagnostics, has landed $2 million seed round at VentureBeat’s HealthBeat conference on Monday. The round was led by Amplify with participation from Data Collective. Utilizing machine learning to carry out accurate medical diagnostics faster, the young

Marking out the current status of Data Breach scenario in California, attorney general, Kamala D. Harris has released a report noting that the frequency is far from getting over anytime soon. “We are increasingly adopting technology that is putting our data in systems that are ripe for penetration,” Ms. Harris

Cray, the supercomputer manufacturing giant, has cracked a $128 million contract with the United Kingdom Met department in its largest ever deal outside of the US, significantly bolstering its presence in the global weather and climate community. Met Office Chief Executive Rob Varley noted, “It will lead to a step

What is essentially a Domino trip, the growth of Hadoop, as more enterprises adopt the platform, has triggered the need for a tool to help with data migration in and out of Hadoop. “In theory, getting data into and out of Hadoop is well within the capacity of both the

Big data startup Cazena was announced last week by a group of veterans from the IBM-acquired Netezza, who pioneered big data appliances. What was also announced was a Series A funding of $8 million led by Andreessen Horowitz and North Bridge Venture Partners. Led by founder and CEO Prat Moghe,

Compass, a business monitoring and intelligence service provider, has landed new funding, upwards of $2 million in a second round of funding bringing the total investment to $3 million so far. The funding will see to team building efforts by helping hire analysts and engineers. The support came from their