Facebook Buys US Based Startup CrowdTangle

Facebook on Friday announced it has bought startup CrowdTangle, which specializes in tracking hot content on social networks for media agencies and others. CrowdTangle confirmed the acquisition in a message at its website, but neither company disclosed financial terms of the deal. Facebook expected CrowdTangle technology to enable it to provide more meaningful insights to publishers at the social network.

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Ant Financial Service Partners With Verifone and First Data

Alibaba’s digital payment spinoff Ant Financial Services has partnered up with US-based payment tech giants Verifone and First Data. The announcement was made at the Money 2020 conference in Las Vegas today. This new deal will further ease cross-border transactions for Chinese shoppers, many of whom are now traveling overseas to splurge on luxury items due to their growing affluence.
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IIT-Madras Incubated Startup ‘HyperVerge’ Raises $1 Million In Seed Funding

HyperVerge, a deep-learning startup from India, announced that it has raised $1 million in seed funding from several venture capital firms. HyperVerge uses the technology of deep-learning to analyze and organize photos across all devices. HyperVerge will use the funding to expand in the U.S. and position itself as a strong contender in the space of image recognition.
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