Latest Articles

Photo stock site Fotolia raises USD150m

By Editorial, 19:35, Yesterday

Photo database Fotolia has bagged USD150m in a round of growth equity funding from Kohlberg Kravis Roberts & Co, giving the investment firm a 50% stake in the startup. Differentiating itself from other photo stock services that use ...

Lenddo reels in USD8m for social identity-backed loans

By Editorial, 17:51, Yesterday

Microfinance firm, Lenddo, has raised USD8m in a Series A funding round from backers including Accel Partners, Blumberg Capital, Omidyar Network, iNovia Capital and Metamorphic Ventures. The firm provides small loans to ...

SoMoLend nabs USD1.17m for online loans

By Editorial, 17:48, Yesterday

Online lending platform SoMoLend has secured USD1.17m in a seed financing round led by CincyTech with participation from Queen City Angels, North Coast Angel Fund, Blue Chip Partners, Shaker LaunchHouse, Eldar Investment LLC, Clarion Direct Investment ...

Curalate scores USD750,000 for social image analytics

By Editorial, 17:46, Yesterday

Image analytics firm, Curalate, has snagged USD750,000 in seed funding from NEA, First Round Capital and MentorTech. The Philadelphia-based firm lets brands track how their images move across image-based social media sites and translate ...

Global mobile phone sales decline for the first time in three years

By Editorial, 17:23, Yesterday

Global mobile phone sales have declined for the first time in three years, according to a new report from Gartner, driven by a dip in demand in Asia and the Pacific. The research firm says that worldwide shipments fell 2% during Q1 to 419.1m units...

INSIGHT REPORT: Music Streaming and the Future of Music

By Editorial, 17:23, Yesterday

This INSIGHT REPORT examines one of the hottest areas in digital media - music streaming. Featuring analysis of key trends in the space, it highlights the most relevant venture capital, partnership and M&A deals this year including tables of data. ...

Revenues from in-app ads are unlikely to match print highs, says Economist

By Sarah Gill, 17:20, Yesterday

In-app ads are unlikely to generate the same revenues for magazines as print achieved at its peak, according to The Economist's MD of digital editions, Oscar Grut. Speaking at the World e-Reading Congress, he says that while in-app ads are "...

Spotify hits 20m active users

By Shona Ghosh, 17:15, Yesterday

Spotify now has 20m monthly active users, adding more than half a million in less than a fortnight, as it continues to reap the benefits of its partnership with Facebook. Stats from AppData illustrate the streaming firm's continuing growth following the ...

US social media ad revenues to hit USD4.8bn this year

By Drew Heatley, 17:09, Yesterday

Social media ad revenues in the US are expected to top USD4.8bn this year before climbing to USD9.8bn by 2016, according to new research from BIA/Kelsey, as more advertisers dedicate larger portions of their budgets to networks such as Facebook and ...

Flipboard adds audio and considers paywall

By Editorial, 12:45, Yesterday

Flipboard is integrating music-sharing service SoundCloud and radio programs from NPR and Public Radio International. Flipboard's social reader app will now contain recordings and podcasts that users' friends are sharing. In addition, NPR and Public ...

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