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Freshdesk launches USD10m fund
By Editorial, 18th May 2012
Customer support service, Freshdesk, has launched its USD10m 'Future Fund' to provide backing for startups. The California-based firm, which closed a USD5m Series B funding round last month, has teamed up with tech incubators and angel funds including ...
UK video-on-demand service YouView launching in September
By Editorial, 18th May 2012
UK-based video-on-demand service YouView will launch in September, according to CEO Dido Harding. The project, backed by the BBC, ITV, Channel 4, Channel 5, BT and Arqiva, initially aimed for a 2010 launch but has been plagued with delays and technical ...
Samsung receives 9m pre-orders for Galaxy S III smartphone Rumour
By Editorial, 18th May 2012
Samsung has reportedly received 9m pre-orders for its Galaxy S III smartphone, unveiled earlier this month in London. According to sources, the South Korean firm’s factory is currently operating at maximum capacity, producing some out 5m units a ...
Amazon to sell ads on Kindle Fire home screen - Rumour
By Sarah Gill, 18th May 2012
Amazon is reportedly pitching the idea of selling ads for the home screen of its Kindle Fire tablet to brands, leading to speculation that the firm is planning to launch a cheaper ad-supported version of its device in order to boost sales. According to...
Apples iPhone accounts for 50% US smartphone sales
By Editorial, 18th May 2012
Apple's iPhone now accounts for half of new smartphone sales in the US, according to new data from Enders Analysis for Q1. Devices running on Google's Android operating system accounted for some 36% of sales in the US during the period. Globally, ...
Twitter to improve 'who to follow' recommendations by tracking users across the web
By Sarah Vizard, 18th May 2012
Twitter is looking to make its recommendations on which accounts to follow more accurate and useful by tracking its users' browsing habits across the web. Currently, Twitter struggles to suggest interesting users to follow, particularly to new sign-...
Kleiner Perkins grabs USD525m for its 15th venture fund
By Editorial, 18th May 2012
VC firm Kleiner Perkins Caulfield & Byers has raised USD525m for it latest fund, dubbed KPCB 15, which will invest in early-stage digital consumer and enterprise, green tech and life sciences companies. Founded in 1972, California-based ...
Vevo users double after switching to Facebook-only login
By Editorial, 18th May 2012
Music video platform Vevo has doubled its total registered users after switching to Facebook-only login. Vevo has scored as many registers during 60 days as for the past two years, claims the service's CEO Rio Caraeff, without disclosing the exact ...
Social media marketer Tiger Pistol raises USD1.15m
By Editorial, 18th May 2012
Tiger Pistol, an Australian social media marketing startup, has secured USD1.15m in an angel funding round led by Australian businessman, David Solomon. The startup helps to add apps to a client's Facebook page, such as an introduction to the business...
Facebook IPO price hike bumps Instagram deal up to USD1.2bn
By Editorial, 18th May 2012
Facebook's decision to raise its share price ahead of its IPO has pushed the value of its Instagram acquisition up to USD1.2bn. In April, the social network agreed to acquire the photo sharing app for USD300m in cash and 23m shares of stock, ...
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