Rothy’s, whose ballet flats are all over Facebook and Pinterest, has raised $7 million in funding

You’ve likely seen them plastered across your social media accounts, if not on someone’s feet in San Francisco, where the company is based: attractive women’s flats in bright red with black soles, or bright red with pink stripes and blue…

Flipkart’s on-off-on-off-on-off deal to acquire Snapdeal is now officially dead

What a difference a week makes. Less than seven days after Flipkart’s much-rumored acquisition of Snapdeal appeared to be nearing completion following months of speculation, the deal has officially died. All that stood between a reported $900-$950 million acquisition was the…

Facebook, Twitter, Google warned over EU consumer rights

U.S. social media giants have been warned by Europe’s consumer rights commissioner that she’s  running out of patience with their failure to comply with the region’s consumer protection standards. “I am becoming very impatient,” said commissioner Věra Jourová, speaking at…

Facebook, Twitter, Google warned over EU consumer rights

U.S. social media giants have been warned by Europe’s consumer rights commissioner that she’s  running out of patience with their failure to comply with the region’s consumer protection standards. “I am becoming very impatient,” said commissioner Věra Jourová, speaking at…