Google acquires DrawElements for more than $10 million

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Google has acquired Helsinki-based 3D graphics startup DrawElements for more than $10 million. The terms of the deal were undisclosed, but Arcticstartup.com reported that it was over $10 million.

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Foursquare launches a new logo and app

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Foursquare has split up into two apps: one for check-ins and another for location discovery. Foursquare also has a new logo and color theme — pink. The new app is focused on personalization and recommendations.

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Sony is investing $345 million in image sensors

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Sony Corporation is spending $345 million to enhance its image sensors for future iPhones and iPads. Sony also makes cameras for other companies that build smartphones and tablets. The investment will ensure that your “selfies” will be much sharper.

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Cloud accounting company Freshbooks raises $30 million in funding

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Freshbooks is a cloud accounting service that has raised $30 million in its first round of funding. Small businesses use Freshbooks to manage contractors through the web and mobile devices. This new round of funding will help Freshbooks gain a larger marketshare of the cloud accounting market. Oak Investment Partners led this round of funding with participation from Atlas Ventures and Georgian Partners.

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Microsoft CEO says that there is one Windows coming for all devices

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On Tuesday, Microsoft CEO Satya Nadella said that all versions of Windows will be merged into one for all devices. Microsoft discussed the possibility of merging operating systems in the past.

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Microsoft confirms it is not building a Surface Mini

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Microsoft has confirmed that it will no longer release a Surface Mini in the spring. During the company’s quarterly earnings call on Tuesday, CFO Amy Hood said that part of the reason why Microsoft’s line of Surface tablets saw a revenue drop is because it decided to kill an unreleased product.

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LinkedIn Corp (LNKD) to acquire Bizo for $175 million

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LinkedIn Corp (NYSE:LNKD) has announced that it has acquired Bizo. Bizo is a company that helps advertisers reach a target audience. The deal is valued at $175 million — 90% cash and 10% stock.

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Microsoft Corporation (MSFT) profit drops due to Nokia’s phone business

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Microsoft Corporation (NASDAQ:MSFT) surpassed Wall Street estimates after jumping 17% in revenues, but its profits saw a 7% drop because of Nokia’s struggling phone business. Microsoft acquired Nokia in April to challenge companies like Samsung and Apple in the smartphone market and it added almost $2 billion to Microsoft’s quarterly revenue.

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