tech:

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Japan

Udacity Raises $35M, To Offer ‘Nanodegrees’

Udacity has closed a financing round of $35 million. The investment was led by Drive Capital. Other participants in the round include Bertelsmann in Germany, Recruit in Japan,...

Issuu Raises $10M

Digital publishing and content discovery platform Issuu has raised $10 million in series B funding from the KDDI open innovation fund, one of Japan’s largest telecom operators, and Sunstone Capital of Denmark (a current Issuu investor). The company has secured $21.5 million in funding since its founding in 2006. Issuu is headquartered in Palo Alto, California.

IBM Researchers Fit 85.9 Billion Bits Of Data Per Square Inch

IBM researchers have demonstrated a record of 85.9 billion bits of data per square inch in areal data density on low-cost linear magnetic particulate...

Hulu Sells Off Japanese Business

Hulu is selling off its business in Japan to Nippon TV. The transaction, which is subject to certain regulatory conditions, is expected to close...

Mt. Gox Halts All Bitcoin Transactions

One of the world's biggest bitcoin exchanges, the Tokyo-based Mt. Gox, has stopped trading indefinitely; potentially risking millions of dollars belonging to investors betting...