Tim Draper, a founding partner of venture capital firm Draper Fisher Jurvetson, won a government auction of around $19 million worth of the Bitcoin currency. Avish Bhama, the CEO of a Bitcoin-related startup called Vaurum, published a blog post on Tuesday about the deal. He said that Draper would hand over the ~30,000+ Bitcoins to the startup to build up liquidity in overseas Bitcoin markets.
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Amazon.com, Inc. (NASDAQ:AMZN) has filed a lawsuit again Google Inc (NASDAQ:GOOG) for hiring one of its former cloud computing employees after he took a job with Google’s cloud computing division, according to GeekWire. Amazon said that the employee’s new job violates a noncompete clause. Amazon believes that this should have prevented the employee from working for a competitor for 18 months after leaving Amazon.com.
Apple Inc. (NASDAQ:AAPL) has signed up 9 more manufacturers for CarPlay, which include Abarth, Alfa Romeo, Audi, Chrysler, Dodge, Fiat, Jeep, Mazda and Ram. CarPlay lets users that already own a smartphone bring that same experience into an infotainment system.
Twitter has announced that it has acquired mobile advertising company TapCommerce. TapCommerce offers mobile ad buying for multiple exchanges and offers mobile retargeting of users. The value of the deal is believed to be worth around $100 million, according to Re/Code.
The VAIO PC brand is back! Sony sold the VAIO brand to investment fund Japan Industrial Partners. At that time, Sony said it was planning to concentrate on smartphones and tablets due to a drop in the PC market. The Sony-Japan Industrial deal was set to close in July. Now the new VAIO Corporation is selling VAIO Fit and VAIO Pro computers in Japan. The PCs are selling without Sony branding, but they are being offered through Sony’s online store. The new VAIO company will have no more than 240 employees. VAIO Corporation was officially founded on today and Sony has a 5% stake. It is unknown whether it was expand outside of Japan as of yet.
Justin Mateen is the co-founder and chief marketing officer of the Tinder dating app. He has been suspended after a former executive filed a sexual harassment lawsuit against the company on Monday. In court papers, Whitney Wolfe claims that she was fired after receiving inappropriate comments from Mateen and company CEO Sean Rad for over a year.
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Apple Inc. (NASDAQ:AAPL) Siri competes against Google Now and Microsoft Cortana. To make sure that Siri receives more positive reviews over its rivals. According to Wired, Apple has formed its own speech recognition team and a “neural-net-boosted Siri is on the way.”