VC Round-Up: Auction Site Tamundo Funded; Escapio, Tripsbytips Merge
– Tamundo: The recession continues, but VCs are still backing online European start-ups — and it’s been a particularly good weekend for Ge… Read more »
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Europe Round-Up: VMtv Sells Shopping Channels; Mecom Debt Extension; Vodafone IPTV; Amazon Germany
By Patrick Smith
– Virgin Media: The telco has sold its shopping channel business Sit-Up TV to Munich-based investor Aurelius. Terms were not disclosed. Lau… Read more »
German Carrier T-Mobile Blocking Skype
By Dianne See Morrison
The controversy around Skype rolls on. German carrier T-Mobile, and exclusive carrier of the iPhone in Germany, will not allow customers to… Read more »
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Now YouTube Stops The Music In Germany; Rates ’50 Times Higher’ Than UK
At this rate, YouTube will have precious little music left. After blocking all music to UK users while demanding lower PRS fees, the video s… Read more »
Russian Online Shopping Club KupiVIP.ru Secures $8 Million VC Funding
By Patrick Smith
This is turning into a genuine investment trend across Europe: online shopping club KupiVIP.ru has managed to raise $8 million (£5.49 milli… Read more »
German Electronics Retailer Media Saturn Buying UK Downloads Supplier 24-7 Entertainment
German electronics retailer Media Saturn is moving in to digital downloads by buying a controlling stake in British online and mobile media… Read more »
German Electronics Retailer Media Saturn Buying Downloads Supplier 24-7 Entertainment
German electronics retailer Media Saturn is moving in to digital downloads by buying a controlling stake in online media wholesale distribut… Read more »
Earnings: Bertelsmann '08 Profit Down By Third After Five Writedown
By Patrick Smith
After slashing the value of its RTL-owned broadcaster Five, German media group Bertelsmann’s saw its annual net profit slump by one third to… Read more »
Vodafone and Telefonica Agree To Network-Sharing Deal
By Dianne See Morrison
European telecoms giants Vodafone (NYSE: VOD) and Telefonica (NYSE: TEF) have agreed to share network infrastructure in Germany, Spain, Irel… Read more »
Google Settles Patent Suit With Klausner Technologies
By Dianne See Morrison
Google (NSDQ: GOOG) is settling an intellectual property claim concerning patents for visual voicemail, according to Judah Klausner, the Read more »
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Music Roundup: Muzu; Universal-RTL
By Patrick Smith
– Muzu: Irish video-sharing site Muzu has partnered with online ad sales house eType to step up its display and video-ad revenues. The deal… Read more »
Earnings: Deutsche Telecom Swings To Surprise Loss; T-Mobile USA Posts Double-Digit Growth
By Dianne See Morrison
Deutsche Telecom swung to a surprise fourth quarter loss on an impairment charge and job cut related expenses. Europe Read more »
Earnings: Riding High On Latin American Unit, Telefonica Profit Surges 89 Percent
By Dianne See Morrison
Telefonica (NYSE: TEF), Europe Read more »
Spreadshirt Lands
Lukasz Gadowski’s Spreadshirt, which calls itself a Web 2.0 platform for designing and selling clothes, has raised Read more »
@ MWC Mobile Only Social Network: Case Study No. 3: Itsmy
By Dianne See Morrison
CEO Vince Staybl has big ambitions for the mobile-only social net founded in 2006: he wants itsmy to have the same impact as MTV did when i… Read more »
Germany Gets Bundesliga Live Online PPV; Are You Watching, BSkyB?
By Patrick Smith
German pay TV company Premiere will offer live web-based coverage of individual top-flight football from the Bundesliga and German second di… Read more »
Europe Taunts Obama With Its ‘World-Leading’ DTV Switchover
By Patrick Smith
As America’s transition to digital TV is delayed by president Obama, Europe is boasting it’s “leading the world” in the shift from analog to… Read more »
RTL-Disney Channel Buying German Mums’ Site Mamily
German broadcaster RTL is buying Cologne-based Mamily, a community site for mothers, for an undisclosed sum, Deutsche-Startups.de reports. T… Read more »
MP3 ‘Inventor’ Brandenburg Invests In Another Music Startup
Sounds like creating the internet’s most popular DRM-free audio format can be a reap rewards. Fresh from investing in German techno download… Read more »
Recession Will Accelerate Shift To Online Advertising: Analysts
By Patrick Smith
Online advertising spend growth will keep slowing, but the recession will accelerate the shift from print and TV to online in western Europe… Read more »
Nokia Completes Bit-Side Buy To Improve Mapping Products
By James Quintana Pearce
Nokia has completed its acquisition of German company bit-side, a professional services and software company that makes mobile applications… Read more »
Broadband Content Bits: Connect2Media; TopUp Tv; German IPTV
By Patrick Smith
– Connect2Media: Manchester-based mobile games developer and distributor Connect2Media has signed a distribution deal with US games publish… Read more »
THQ Restructures Wireless Division; Will Focus On Smartphones And Layoff 100 Employees
By Tricia Duryee
THQ (NSDQ: THQI), the global game developer and publisher, told employees yesterday that it plans to restructure its wireless division based… Read more »
Report: Social Networking Pushing Mobile Web Usage Into The Mainstream In Western Europe
By Dianne See Morrison
Mobile social networking is helping drive mobile web usage into the mainstream in Western Europe, where the number of users accessing social… Read more »
Nokia Acquires bit-side To Accelerate Mapping Products
By Tricia Duryee
Nokia (NYSE: NOK) has agreed to acquire bit-side, a professional services and software company that makes mobile applications for the iPhone… Read more »
Mobile Content Bits: Verizon Adds Video; Sony Uses Kyte; Flurry Analytics; AT&T On Facebook; Abphone
By Tricia Duryee
– Verizon (NYSE: VZ) adds content to V Cast: Verizon Wireless said today that it is adding a host of content to its V Cast Video, including… Read more »
Travel Site Tripwolf Gets $2.5 Million VC Funding Round
By Patrick Smith
Austrian travel site Tripwolf has completed a $2.5 million (£1.8 million) round of VC funding led by German travel guide producer MairDumon… Read more »
YouTube Takes Small Steps On Affiliate Ads With European Expansion
By David Kaplan
YouTube is taking another incremental step toward getting more traction for its affiliate ad program, as online ad dollars become increasing… Read more »
YouTube Takes Small Steps On Affiliate Ads With European Expansion
By David Kaplan
As online ad dollars become increasingly squeezed, YouTube is taking another incremental step toward getting more traction for its affiliate… Read more »
T-Mobile USA To Invest Billions; Parent Calls M&A “Less Exciting”
By Tricia Duryee
Hamid Akhavan, head of Deutsche Telekom’s T-Mobile said it does not plan to scale back its investments, which include spending $9 billion (7… Read more »
Mecom Offloads German Newspapers For
By Patrick Smith
European newspaper publisher Mecom has sold its German newspapers, including the Berliner Zeitung and Hamburger Morgenpost, to Cologne-based… Read more »
EC Rules Could Stifle Online Investment, Public Broadcasters Warn
By Patrick Smith
Publicly-funded broadcasters in Europe say a proposal to introduce BBC-style “public value test” across the continent would straitjacket the… Read more »
German Court Rules On Ringtones
By Dianne See Morrison
Germany’s Federal Court of Justice (Bundesgerichtshof) in Karlsruhe has ruled that a license from the country Read more »
Deutsche Telekom, Vodafone Expand German High-Speed Broadband Network
By Patrick Smith
One of the safest bets for 2009 is that Europe will be treated to faster and faster broadband. Weeks after Virgin Media (NSDQ: VMED) unveile… Read more »
German Developer FutureTap Buys iPhone App “Where To” For £47,000
By Dianne See Morrison
German application developer FutureTap has bought Where To, an application that lets users find points of interest around them using their… Read more »
German Developer FutureTap Buys iPhone App “Where To” For $70,000
By Dianne See Morrison
German application developer FutureTap has bought Where To, an application that lets users find points of interest around them using their… Read more »
Social News Startup Socialmedian Acquired By Germany’s Biz Socal Net Xing For $4 Million And Earnout
By Rafat Ali
A very quick exit for a service just launched: Socialmedian, the New York City-based social news service launched by former Jobster CEO Jaso… Read more »
The Real Reason Why Mobile Music Isn’t Taking Off: Subscribers Pay As Much As $15 Per Track
By Matt Kapko
Wireless subscribers are paying as much as $15 in data fees to download a single song in Europe, according to research conducted by mBlox, a… Read more »
Lycos Europe Opts For Liquidation, $66 Million Paid Back To Shareholders
Lycos Europe shareholders voted to liquidate the business at an extraordinary general meeting at a hotel in Amsterdam this morning. They als… Read more »
Lycos Europe Opts For Liquidation,
Lycos Europe shareholders voted to liquidate the business at an extraordinary general meeting at a hotel in Amsterdam this morning. They als… Read more »
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