Adchemy nabs $61M in Microsoft-led funding round

Adchemy, the six-year-old online ad technology company, has raised $61 million in a Series E funding round led by Microsoft. This round brings the total venture capital invested in Adchemy to $116 million, Adchemy CEO Murthy Nukala told me in an interview on Tuesday.

Newspaper Plans to Give Free iPads to Subscribers

Montreal, Canada-based newspaper La Presse unveiled a plan today to offer a free iPad to readers of the paper who sign up for subscription terms of at least three years, according to The newspaper also plans to eventually become a digital-only publication.