Narrative has raised $8 million in funding led by Khosla Ventures. True Ventures and Passion Capital also participated in this round. Keith Rabois of Khosla Ventures is joining Narrative’s board of directors.
Samsung has announced a new smartphone called the Note Edge. The Note Edge has a 5.6-inch display with a curved right side. The Note Edge has adopted glass with enhanced strength to cover the curved display. The curved side of the Note Edge can display text messages and menu icons. The curved display operates independently when the 5.6-inch display is turned off. The Note Edge will be released in a small number of countries. The Note Edge will cost over one million won (around $982).
AVG Technologies is known for developing antivirus software. Now AVG is acquiring Location Labs for $220 million. Location Labs is a U.S. based mobile security company.
The Sony SmartWatch 3 and the SmartBand Talk are a couple of new smartwatches that can be used as activity trackers. The devices work with the Lifelog activity tracker, which is an app that lets you track everything that is done throughout the day.
Samsung is launching a new virtual reality headset called the Gear VR. The Gear VR is a head-mounted device that uses the 5.7-inch screen of the Galaxy Note 4. The Gear VR fits around the ears and eyes and can be controlled using a touchpad on its right side.
Former New York City Mayor Michael Bloomberg is planning to take over the company he founded again called Bloomberg LP. Bloomberg owns 88% of the company. Bloomberg LP CEO Daniel Doctoroff said he was stepping down at the end of 2014. He worked at Bloomberg ever since January 2008 and became CEO in July 2011.