Reddit  is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit...

Connected car service provider Vinli today announced it closed a $13.5 million Series B financing round. The company says this infusion of capital allows it broaden its mobility services and integrations as it attempts to connect cars around the world. The funding came from new and existing...

The European Commission has ordered the recall of a children's smartwatch because it leaves them open to being contacted and located by attackers. In its recall alert, the Commission said the Enox Safe-Kid-One device posed a "serious" risk. Data sent to and from the watch was unencrypted...

Facebook is investing big in blockchain technology.  The social media giant has acquired four key people behind blockchain startup Chainspace and is investing considerable efforts and resources into blockchain tech, a source familiar with the company's plans told Mashable (Cheddar...