BuzzFeed, the entertainment website will receive $50 investment from Andreessen Horowitz as was reported in its recent funding agenda. The new investment will value the company at $850 million.

Andreessen Horowitz, the venture capitalist firm with its investment of $50 million in BuzzFeed, will be beating the collective amount which the site could source in four of its earlier funding ventures.

The Akamai 2014 State of the Internet Report has revealed that Australia has climbed up two places in the world rankings of average Internet connection speeds.

Silicon Valley gossip website ValleyWag recently leaked Snapchat CEO Evan Spiegel's emails from 2009. The emails published by ValleyWag pertain to a time period when Spiegel - the 23-year-old co-founder and CEO of self-destructing messaging app Snapchat - was one of the prominent members of the Kappa Sigma fraternity at Stanford University in California.

Social network Facebook has revealed in a recent post that it has efforts underway to roll out a 'Privacy Checkup' tool to all its approximately 1.28 billion users across the world.

The move, announced by Facebook recently, indicates that the social network has apparently bowed in to users' demands for a change in the company's default privacy settings.

According to the latest monthly Desktop OS sampling by NetMarketShare, Microsoft latest Windows 8. x operating system face stiff competition from Windows 7 OS during the month of April.

According to recent reports, including one from the Wall Street Journal (WSJ), popular microblogging service Twitter has plans underway to roll out new types of ads over the next few weeks; with the first set of the new products scheduled for release next month.