U.S. startup sues France’s Orange over social calling app

(Reuters) – French telecom group Orange SA confirmed on Wednesday that it has been sued in California by San Francisco-based startup Telesocial in an intellectual property case, but said that the startup’s claims were unfounded. Orange said Telesocial has already taken the company to two French courts including the Paris Court of Appeal based on the same complaints, but in both cases the claims were rejected. “This reinforces our view that Telesocial’s complaints are totally lacking in merit,” the group said in an emailed statement

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BlackBerry woos keyboard loyalists with launch of Classic

By John McCrank and Euan Rocha NEW YORK/TORONTO (Reuters) – BlackBerry Ltd launched its long-awaited Classic on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices. The Canadian mobile technology company said the new device, which bears striking similarities to its once wildly popular Bold and Curve handsets, boasts a larger screen, longer battery life, an expanded app library with access to offerings from Amazon. ..

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Online lender OnDeck Capital’s shares soar in debut

By Neha Dimri (Reuters) – Shares of OnDeck Capital Inc rose as much as 40 percent in their market debut, underscoring investor appetite for startups using technology to disrupt traditional banking. The online lender’s shares touched a high of $28 amid heavy trading on Wednesday, valuing the company at about $1.85 billion

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