News Archive
28 April 2008
GigaOm
By Jason Harris
Whisher, which provides access to Wi-Fi hotspots around the world in exchange for access on users’ own home or business networks, has unveiled a client that allows access to its hotspots on Nokia Symbian (N81, N82 or E61) phones. The move is a smart extension of Whisher’s service offering; Nokia has been including Wi-Fi chipsets in many..
28 April 2008
Guardian.co.uk
News software specialists Daylife rolled out a recession-friendly service today that will help publishers aggregate relevant content from the rest of the web. Daylife Select provides one central management page that lets publishers choose relevant YouTube videos, Twitter conversations, Flickr photos and text news stories to supplement their own con..
17 April 2008
Guardian Media
By Guardian Media
Collectively, we spend billions on mobile roaming rates, international calls and data and there are several companies trying to combat that with clever technologies. Rebtel launched in May 2006, is based in Stockholm, Sweden, and now employs nearly 40 staff.Serial entrepreneur Hjalmar Winbladh founded the firm with Jonas Lindroth with their own m..
16 April 2008
Media Guardian
By Jemima Kiss
Adjug launched in January last year as a more niche, tailored marketplace for publishers and advertisers. Funded by Balderton Capital, the London-based site employs 20 people and is hoping to improve the online ad experience for web publishers. If that doesn't work, founder Michael Stephanblome has a great tip for a recession-friendly finance site...
08 April 2008
Venture Wire
By Timothy Hay
Several months after raising a $40 million equity round, semiconductor company Icera Inc. will merge with onetime rival Sirific Wireless Corp. The acquisition makes Icera a viable competitor against Qualcomm Inc. and other companies offering a full chipset for wireless devices. 'Now we've got all three' necessary chips for modem chipsets, said Stan..
07 April 2008
Daily Telegraph
By Dominic White
British silicon chip developer Icera will today step up plans to take on US semiconductor giant Qualcomm with the acquisition of Canadian rival Sirific Wireless. Icera is Europe's best-backed semiconductor company, having raised $142m (£71m), and is seeking to become a challenger to $65bn Qualcomm in the burgeoning market for chipsets to supp..
01 April 2008
Tech Crunch Mike Butcher
By Mike Butcher
Berlin start-up Metaversum , the developer and operator of the virtual world Twinity , has won a new investor in the form of Balderton Capital. The exact amount has not been released but it’s understood to be in the ‘multi million Euro’ range. Metaversum is adding to investment from VC Grazia Equity . Balderton, better known in i..
01 April 2008
Press Release
By Balderton Press Release
Metaversum, the developer and operator of the virtual world Twinity, attracts Balderton Capital as investor. Berlin, 1st April 2008 Metaversum GmbH, developer and operator of the upcoming 3D virtual world Twinity, is pleased to announce a significant multi million Euro investment from Balderton Capital. Balderton Capital, formerly Benchmark Capita..
31 March 2008
TechCrunch
By John Biggs
I’ve been meaning to post about Whisher for a while but they just launched some nice beta software so it seems like the right time. The company is based in Barcelona and they showed me their alpha code back in February. Now, however, they’re ready to go live. Whisher is essentially a metered hotspot system. You use their plug-in and s..
30 March 2008
Sunday Business Post
By Sunday Business Post
Virtual credit card company 3V Transaction Services is about to launch a number of new partnerships with a range of well-known retailers.The company’s chief executive, Kieron Guilfoyle, said the firm had secured strategic partnerships with online retailer CD Wow, catalogue firm Freemans and high street chain Dorothy Perkins. 3Valready has a n..
19 March 2008
Sunday Business Post
By Sunday Business Post
Being first out of the blocks with a new idea is a recipe for success, but chief executive of NewBay Software, Paddy Holahan, is careful to maintain a structure that will endure in the long term, writes Gavin Daly. NewBay Software expanded so fast last year that the firm had twice as many people as expected at its Christmas party. That meant th..
13 March 2008
Financial Times
By Philip Stafford
AOL, the internet arm of Time Warner, has agreed to buy Bebo for $850m in cash as it gears up to entice advertisers to the popular social networking site. Bebo, sometimes regarded as the UK’s version of MySpace, is one of the world’s largest social networks. It is second largest in the UK, behind Facebook, and the third largest in the ..
13 March 2008
VentureWire
By Tomio Geron
Looking to expand its base of online "micro channels" and boost ad revenue, video production and distribution service Next New Networks Inc. has raised $15 million in a Series B funding co-led by Goldman Sachs and Velocity Interactive Group. Previous investors Bob Pittman, Saban Media Group and Spark Capital also joined in the funding round. The st..
13 March 2008
AOL to Acquire Global Social Media Network Bebo NEW YORK
By Aquire Global
AOL to Acquire Global Social Media Network Bebo NEW YORK--(BUSINESS WIRE)--AOL announced today that it has entered into an agreement to acquire Bebo (http://www.bebo.com), a leading global social media network. Together with its AIM and ICQ personal communications network, the acquisition will give AOL a premier position in the fast growing world o..
13 March 2008
Balderton Capital to sell its stake in Bebo
By Balderton Capital
Proceeds of $140 million represent nine times original investment BALDERTON CAPITAL, the leading European venture capital firm, is pleased to announce that it has entered into an agreement to sell its 15.7% stake in Bebo (www.bebo.com) to AOL, which is to acquire the global social media network. The proceeds of the sale due to Balderton Capita..
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