News Archive
05 August 2009
Press Release
The world’s leading online betting company sees revenues double in three years; active customers up 150% in same periodHighlights for year to 30 April 2009:• Strong revenue growth of 27% over the last 12 months; revenues have doubled in 3 years following a plan to expand internationally and into new products • Strong profi..
TOP UP TV, the media group that offers premium content to Freeview, yesterday signed a carriage deal with ESPN to show top football this season and signalled that it hoped to offer subscribers Sky Sports 1 & 2 by the end of the first half of next year. Top Up founder and former BSkyB stalwart David Chance said he hoped to be offering subscriber..
05 August 2009
Bloomberg
Paul Jarvis
Betfair Ltd., which enables bettors in 140 countries to bet with each other over the Internet, reported a 29 percent increase in profit and said user deposits in the last year exceeded 1 billion pounds ($1.7 billion). Earnings before interest, tax, depreciation and amortization climbed to 72 million pounds, the closely held betting exchange said to..
05 August 2009
ZDNet UK
Nick Heath
The UK's largest bus operator, First UK Bus, is to install new technology to monitor how well its 9,000 buses are being driven.
The system, from telematics company GreenRoad, will assess drivers' performance by analysing how well they perform manoeuvres such as cornering and breaking.
Over 120 manoeuvres can be assessed by the system, using its onb..
03 August 2009
Music Week
Jess Linington
7Digital and Warner Music have agreed an extended partnership deal that will see high-quality MP3 downloads from Warner acts available across Europe.
Warner Music is the first major company to sign a pan-European MP3 deal with 7Digital, which claims to sell to a higher number of countries in Europe than any other service.
Under terms of the deal, a..
30 July 2009
AdWeek
Mike Shields
Web Firms Find Paths To Profits: Free Vs. Fees
NEW YORK People.com has entered an exclusive partnership with casual online games publisher Big Fish Games.
As part of the deal, People.com will roll out a new feature called “A New Game Every Day!" -- which will highlight a different Big Fish-produced title on a daily basis. In addition, People&..
28 July 2009
The New York Observer
Gillian Reagan
At Daylife, a digital media services start-up, founder and chief executive Upendra Shardanand and his team of young engineers have a name for a new breed of journalists: RoboCop editors. These are the folks who have the skills of both a top-notch software developer and a tested newspaper editor. They can create Web pages within minutes, combining o..
20 July 2009
TechCrunch
Sarah Lacy
What’s awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them. It happened with software, it happened with music, and it’s happening now with media. But there are a few sectors of our economy that have stayed mostly undisrupte..
07 July 2009
TechCrunch
Mike Butcher
Virtual worlds can be pretty dull when nothing you see there is recognisable as anything remotely real-world, which is perhaps why Twinity has such confident investors. The virtual world which re-creates the world’s cities for real-looking avatars to wander around, has closed another round of financing from existing investors to the tune of 4..
03 July 2009
Financial Times
John O’Doherty
Finishing touches are being put on the first hospital designed by Norman Foster, part of what will become a 25-hospital portfolio operated by Circle Healthcare. The private healthcare partnership is commissioning Britain’s leading architects to design medical facilities that will feature hotel decor and luxury food.The £50m Bath facilit..
29 June 2009
Press Release
Staffordshire and GreenRoad Recognised for Programme to Reduce Crashes
London, UK, June 29, 2009 -- An innovative programme adopted by Staffordshire County Council’s Road Safety team in partnership with GreenRoad Technologies Ltd has scooped yet another national award. Staffordshire County Council and GreenRoad Technologies fought off stiff c..
15 June 2009
Press Release
REDWOOD SHORES, Calif. – June 15, 2009 – GreenRoad, a global pioneer in improving driving behavior, announced that it has been named the winner in the San Francisco Business Times’ Green Business Awards, in the transportation category. The company received the award at an awards reception held at the Hilton San Francisco, June 11...
09 June 2009
Financial Times
Maija Palmer
Wonga.com , the online loans company, has secured $22.25m (£13.9m) of new finance in a deal led by Accel Partners and Greylock Partners. It is one of the biggest private equity funding rounds in Europe this year, exceeding the $17m raised by Seatwave this month.Wonga's original private equity backers, Balderton Capital, also put further cash ..
08 June 2009
Press Release
Wonga.com secures $22m financing roundInnovative online lender poised for continued growthLondon – 8 June 2009 - Wonga.com, the leading online provider of short-term cash advances, today announced the completion of a major new round of funding led by Accel Partners and Greylock Partners.The $22.25m round was also supported by existing investo..
28 May 2009
Venture Beat
Camille Ricketts
GreenRoad, maker of equipment and software that reinforces safe driving habits, has brought in $15 million in a fourth round of funding to build its customer base and attract partnerships with technology and insurance companies. DAG Ventures led the round, which also included Amadeus Capital, Balderton Capital, Benchmark Capital and Virgin Green Fu..
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