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Weekly Digest (11th-18th July 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, India.com, Fortumo, Getit and E2E for their support. Earnings-June14 - Naukri profit up 34.9% YoY to Rs 39.8 Cr for Q1-FY15; Net sales at Rs 144.9 Cr - Google revenues at $16Bn for Q2 2014; Paid clicks up 25% while CPC dips 6% - Yahoo APAC revenues down 8.3% YoY to $177.5M for Q2 2014 Investment & M&A - TravelTriangle raises Rs.10 crore from SAIF Partners - Qliktag acquires Pune-based digital agency Buzzfactory - Boomerang Commerce raises $8.6M from Madrona Venture & Trinity Ventures - Capillary Technologies raises $14M from Sequoia & Norwest - Urban Ladder raises $21 million from Steadview Capital & others - Reliance ADA Group and Bertelsmann’s owned RTL terminate content JV - Onmobile completes Voxmobili sale to Synchronoss for $26M; Litigation settlement - Bharti sells Beetel’s majority stake to Brightstar; The Softbank connection - News In Shorts raises funding from Times Internet, Flipkart founders & others Other Updates: - Why Raghav Bahl should buy VCCircle - Kerala Legislature moves to open source software; LibreOffice - Jolla smartphone coming to India next month, exclusively on Snapdeal - Microsoft to kill Nokia’s feature phones; Windows Phone the primary focus - Indian Railways told not to discriminate against e-ticket holders - Indian Govt probing unauthorised digital certificates issued by NICCA - Nikesh Arora leaves Google to join Softbank; Airtel Connection? - Microsoft to eliminate 18,000 positions; CEO Nadela informs employees via email - Network18 Digital CEO Durga Raghunath Resigns - Google reportedly spending $1Bn to subsidize & market Android One phones in India - Final call for #NAMA: The Digital Future of Indic languages,…

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