News Archive
13 February 2008
Liverpool Daily Post
By Barry Turnbull
MERSEYSIDE scrap metal giant European Metal Recycling (EMR) is planning to invest millions in creating a planet-saving plastics recycling plant. The company has teamed up with American specialist MBA Polymers to harvest 10,000 tons of material a year from cars and electronic appliances that currently go to landfill or for incineration. EMR's meta..
11 February 2008
Telegraph.co.uk
By Dominic White
Guy Hands is throwing 300,000 of EMI's music tracks open to advertisers, TV producers and computer games makers in a bid to cash in on its vast back catalogue. The move is part of Mr Hands' efforts to generate a return on the £3.2bn his Terra Firma private equity vehicle paid for the music company last year. EMI has struck a deal with London-..
10 February 2008
The Sunday Times
By Matthew Goodman
A British firm that rents out DVDs by post has just taken over internet giant Amazon’s service. But can it compete with downloads? IF you have ever wondered which movies the former page three girl Melinda Messenger likes to curl up with, then Lovefilm.com is the place to find out. She is one of several celebrities to list her favourite film..
06 February 2008
Venture Wire
Ty McMahan
Independent music publisher Kobalt Music Group Ltd. has raised a $16 million second round of funding to support international expansion and new services for music rights holders. New investor Balderton Capital led the round with participation from seed investor Spark Ventures PLC. Tim Bunting, partner at Balderton Capital, will join the board of di..
05 February 2008
Business Weekly
By Business Weekly
Perennial start-up Splashpower has kicked off 2008 with a brace of deals that could help its wireless charging gadget finally make the step from the lab bench and onto the shelves of electronics retailers. In the space of a matter of days, Splashpower has signed a deal with UK brand manufacturer, Alba to distribute wireless power products to the c..
05 February 2008
Daily Telegraph
By Juliette Garside
Amazon is to exit the DVD rental business by folding its 300,000 subscribers into competitor Lovefilm, in exchange for a third of the equity in the British venture capital-backed company. Exact terms of the all-paper deal were not revealed, but Amazon is believed to have secured a stake of around 30pc in Lovefilm in exchange for increasing its cus..
05 February 2008
Financial Times
By Tom Braithwaite
Amazon, the world's biggest online retailer, is to bow out of DVD rentals and throw its weight behind Lovefilm, the leading European specialist, in the latest shake-up of the home entertainment market. The US company is to transfer its subscribers - who participate in an old-meets-new process of ordering films via the internet but receiving and re..
30 January 2008
Reuters News
By Anupreeta Das
SAN FRANCISCO - British billionaire Richard Branson's Virgin Group [VA.UL] led a $14.5 million investment round in a start-up that helps people drive more safely and reduce fuel usage. GreenRoad Technologies, a five-year-old company based in Redwood Shores, California, has funding from previous venture capital backers Benchmark Capital and Balder..
30 January 2008
Venture Wire
By Venture Wire
Digital media delivery company 7digital has agreed to terms of an $8.5 million round of funding to continue playing a role in the digital media marketplace. New investor Sutton Place Managers will lead the round, which is expected to close next month. Previous investor Balderton Capital also is participating. Patrick Maxwell, partner at Sutton Pla..
28 January 2008
Exec Sam Wright
By Sam Wright
After last month’s feature on the true value of social networking sites, Exec looks at how the Web 2.0 craze is affecting the recruitment industry. 'You wouldn’t buy a TV without reading reviews, so why hire someone without knowing what their peers think of them?' When Real Business’ Charles Orton-Jones made this comment at the ..
28 January 2008
guardian.co.uk
By Owen Gibson
A London-based rival to Apple's iTunes music store has unveiled plans to expand into the US and Europe after securing £4.25m in funding. 7Digital, one of the first digital music stores on the market when it launched four years ago, has attracted investment from Sutton Place Managers, the venture capital fund in which Mark Getty is a part..
25 January 2008
Computer Business Review
By Bhavana Navuluri
ScanSafe, a web security services provider with offices in the US and the UK, has announced the availability of Anywhere , a software-as-a-service (SaaS) model that provides real-time protection to employees using the internet anywhere outside their office. Anywhere is delivered as an add-on service for £1 per user per month. The service red..
21 January 2008
IT PRO
By Miya Knights
The data warehousing vendor launches new patent-pending data engine to cut data modelling and automation time for BI reporting. Data warehousing vendor Kalido has today released a new Information Engine for automating the management of data behind business intelligence (BI) platforms. Aimed at increasing the speed and quality of corporate business ..
16 January 2008
guardian.co.uk
By Mark Sweney
Kate Modern: the first series of Bebo's programme was a hit with viewers. Social networking site Bebo is to shock fans of hit online drama Kate Modern by killing off its eponymous star in the first episode of its new series. Today's new episode of the soap starts with the revelation that Kate has been "brutally murdered" following her kidnap at th..
16 January 2008
Guardian Unlimited
By Charles Arthur
Sun Microsystems is spending $800m in cash and buying $200m in options on the privately-held stock of MySQL, the 400-strong company which makes and offers the free, open source database of the same name.
Jonathan Schwartz, the chief executive, called the acquisition the most important in Sun's history. The reasoning seems to be to keep Sun in the r..
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