• posted 4 hours ago

    Gartner: Over $172B In Mobile Payments In 2012; SMS, Web Most Popular Routes

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    No, NFC still hasn’t come to the iPhone — or many other devices, for that matter. But this does not appear to be stopping the momentum in the world of mobile payments. Research out today from Gartner says that this year will see more than $171.5 billion in mobile payment transactions — a rise of over 60 percent on 2011′s $105.9 billion — with 212.2 million people (up 32 percent from 160.5m in 2011) using some form of mobile payment service. And what’s fuelling the rise? Despite the rise of smartphones, it’s legacy-based services like SMS and web-based transactions.

    Longer term, Gartner believes that transactions will reach a volume of $617 billion by 2016 — with average growth slightly slowing down to around 42 percent — with 448 million users using such services.
    → Read More

    posted yesterday

    Yahoo! Licenses Platform To Reach Out To The Arab Web

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    We’re currently used to more drama-oriented stories coming out of Yahoo!, but that doesn’t mean business hasn’t entirely halted there. Yamli is a service which offers a smart Arabic keyboard that allows users who type in Latin characters to find -in real-time – the most accurate equivalent Arabic term. It debuted in 2007 but has become an important part of a market which serves hundreds of millions of users worldwide. The platform also offers services to help navigating the ‘Arabic web’.

    Today Yahoo has acquired a license to use Yamli for its Arabic service, Yahoo! Maktoob, which will see it integrate Yamli’s existing technologies into a new product, “3arrebni,” or “Arabize me” in other words. → Read More

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    posted yesterday

    Fast Track To A Facebook Phone — Buy INQ Mobile?

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    As the heat around the “Facebook Phone” story gets higher, our thoughts turn to the days a couple of years ago when it emerged Facebook had been thinking about developing an actual phone. Back then, it transpired that Facebook was working with INQ Mobile on a smartphone. The phone duly emerged – the INQ1 – and did indeed have great Facebook integration. Even if it hasn’t exactly been a smash hit, it’s fared well enough.

    Indeed, HTC has also released their own “Facebook” phone, such HTC ChaCha and HTC Salsa respectively. INQ’s runs on Google’s Android operating system, but with deeper Facebook integration.

    When asked about the INQ phone back in 2010, Zuckerberg said it wasn’t “some massive big thing”. But quite clearly, a phone is now firmly on the agenda. → Read More

    posted yesterday

    EU Privacy Directive: Why All The Fuss? Just Be Open With Users

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    EU Cookie legislation is now in force across Europe, but in a last minute change on Friday, the UK’s information commissioner amended the way it will be implemented in the UK. It’s now the case that sites will only have to obtain ‘implied consent’ from users not explicit consent. This is much friendlier for businesses but means the UK is now out of the step with the EU on privacy online and the transparency of cookies. In the middle of a recession, UK businesses probably won’t lose too much sleep. This is a much more pragmatic approach and most websites have yet to even comply with the legislation.

    In this guest post, Mark Macdonald, of Skimlinks argues sites should still consider being up-front with users about their use of cookies.
    → Read More

    posted yesterday

    Yandex.Factory Seed Funding Bears Fruit: SocialMart Launches Social Shopping With Yandex.Market

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    It’s not a given that a leader in search can successfully pivot into other areas like social media — just ask Google — but a new service launching in Russia today, from that country’s search leader Yandex, shows one route a company with a lot of smarts can take to make sure they remain a central player in the social game. Today sees the launch of SocialMart, a social shopping startup financed by Yandex (through its seed-funding program Yandex.Factory), and powered by Yandex (via Yandex.Market), but is not Yandex itself.

    Both Yandex and SocialMart are banking on the fact that the rising popularity of ecommerce in Russia is inevitably going to cross over with the equally popular trend of social networking: up to now, those twains have not met, unlike in other markets, where services like Mertado (now part of Groupon), Sneakpeeq, and Fab have been running away with the “social shopping” banner, picking up users and funding in the process.
    → Read More

    May 25th, 2012

    CloudFlare To Launch Service For Sites Dealing With Tortuous EU Cookie Law

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    The European “Directive on Privacy and Electronic Communications” that regulates the ways websites can track users, is coming to sites which serve European users, which covers plenty out there. The Directive requires that sites disclose the use of cookies on their site and allows visitors to opt-in to their use. It could be an immediate turn-off for users, but it’s here to stay. On Saturday, May 26, the UK implements the first phase of the law, so website owners are scrambling to ensure they are in compliance (assuming they even know about it). As we’ve said before, we think it’s dumb and will make it much harder on European startups.

    The first requirement of the UK law is that sites do an audit to determine what cookies are used on their site. The Directive asks them to identify two types of cookies: those it deems “strictly necessary” and those that are not. The problem is that most sites have no idea what cookies it might be serving to users. However, US-startup CloudFlare is about to launch a service which will tell site what cookies they are serving and a way to control them: CloudFlare Audit + Control. → Read More

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    May 24th, 2012

    European Startups Need To Get A Valley Education, And Fast

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    This is guest post by Julia Szopa , program director at the blackbox.vc incubator in Silicon Valley which specialises in moving European startups into the US.

    It is not uncommon for European entrepreneurs to come to the Silicon Valley to learn how to launch globally. However, they often play “the startup game” by the wrong rules. With scarce venture resources in Europe, founders learn to compromise way too much and accept what’s typically unacceptable by those who build great, successful companies with global potential. → Read More

    May 23rd, 2012

    Tape.tv Raises $6.2 Million To Begin An International Roll-Out

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    tape.tv has been around for a while – since July 2008 to be exact. It operates like a mix between an online version of MTV and Pandora. Just like the latter service, on Tape.tv users can skip, like or dislike the videos as they play, so the service starts to tailor itself to their tastes. I came across it in various visits to Berlin over the last couple of years but have been frustrated that this great service has only been aimed at the German market.

    However, I’m excited that it’s about to scale into new countries. The company has now raised €5 million ($6.2 million) in a Series B funding round. Participants include Atlantic Capital Partners GmbH , Dario Suter, Christoph Daniel and Marc Schmidhelny (DCM), prolific Berlin Angel investor Christophe Maire, alongside Investitionsbank Berlin and VC Kreativwirtschaft Berlin. The cash will be used to scale the business, appear on other platforms like smart TVs and launches into France and the UK in early autumn. The relaunch will also see the creation of an electronic program guide (EPG) for their own live shows and events.
    → Read More

    May 22nd, 2012

    Hey New York, Meet Your New Best Friend: Europe

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    Over the last few months I’ve detected a disturbance in the Startup Force. While startups from Europe have often looked to the US as a natural market to scale up in, they’ve traditionally looked at the Valley as a natural place to start. But based on what I’ve been hearing, I’m starting to wonder about that. Sure, every company is different, and for cloud startups, Silicon Valley remains the Mecca. But increasingly, New York’s burgeoning tech scene is making it more and more attractive for Europeans to de-camp there. Being in New York for TechCrunch Disrupt has only served to strengthen my impression.
    → Read More

    May 22nd, 2012

    Larry Page Spotted Wearing Google Glasses In England!

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    There hasn’t been a whole lot of news coming out of the Google Zeitgeist event taking place in a posh hotel on the outskirts of London this week, but Google’s making some other news in England: its CEO Larry Page has been spotted wearing Google Glasses.

    The pictures of Page wearing the super-funky augmented reality eyewear are possibly the first — although his Google co-founder Sergey Brin has also been seen wearing them in the wild. Today’s pictures come courtesy of a Google employee, who posted them — where else? — on Google+.
    → Read More

    May 21st, 2012

    Babelverse Is Out To Democratize Translation

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    Babelverse won the opportunity to appear at TechCrunch Disrupt from the Startup Alley and with little notice ended up giving a slick pitch. Essentially this is a solution for universal speech translation, powered by a global community of human interpreters: it means anyone can be an interpreter. We covered its launch back in January but here’s a quick rundown.

    Machine translation, as we know, is not reliable. So what we’re looking here is a marketplace for translation.

    People practice to interpret and move up through the system, towards being more professional interpreters. Think of it as a sort of Demand Media platform for interpreting languages.
    → Read More

    May 21st, 2012

    Tagbrand Gives Fashionistas An App To Check-In Their Brands

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    “All people wear clothes!” declared one of Tagbrand’s founders on stage at Disrupt today. That’s true, but let’s review.

    DailyBooth was (is still perhaps?) a phenomenon for a time as people became accustomed to sharing their daily lives in a more quirky manner than mere video can afford. (Ok, OK, it’s a bunch of teenagers sharing their zits, but work with me here, people). Now Tagbrand wants to apply that model to fashion, but with a tagging twist.

    The model is simple enough. Take and upload photos of what branded clothes you are wearing and tag them. Effectively, it’s a photo check-in for brands, or ‘Foursquare for fashion’, if you will.
    → Read More

    May 21st, 2012

    Stevie Turns Your Social Feeds Into TV Shows

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    We spend more and more time on social networks, but sometimes it can feel like work. I mean, scrolling through your news feed isn’t work work, but it’s not quite as easy as vegging out on your couch and watching TV.

    That’s where a new startup called Stevie comes in, with a website launching today at Disrupt, along with mobile apps that function as remote controls. Stevie looks at content shared in your social network feeds and elsewhere on the Web, and it assembles that content into TV shows that you can watch, shows with names like The Comedy Strip, Music Non-Stop, and Celeb TV. Naturally, the shows incorporate video content that your friends have shared, but they also include things like Facebook status updates, tweets, shared headlines, and birthdays, running mostly as tickers under the video. Essentially, it’s a way to watch Facebook and Twitter on your TV.
    → Read More

    May 21st, 2012

    CallApp Uses Social Data To Build A Smarter Smartphone Contact Book

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    One of my least favorite moments of the day comes when my iPhone rings and the number isn’t in my contact book. Is it an important call from an entrepreneur? A random PR person pitching me? Or just a telemarketer? I won’t know until I pick up.

    CallApp, a startup launching today at Disrupt, wants to eliminate those awkward moments, for starters. It’s creating what CEO and co-founder Oded Volovitz calls a “universal social contact book.” It’s drawing data from social networks and other data sources to give users more context about phone calls and other communication. The data also comes from CallApp users — users can edit CallApp listings, and if they can want, they can add their contact book into the company’s general database. → Read More

    May 21st, 2012

    Koemei Is Out To Transcribe All Video And Make It Searchable

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    Lord knows there is a lot of online video out there these days, but only a tiny proportion of it has been transcribed (less than 1% according to some estimates). Searching the mountains of video generated by businesses, governments and educational institutions for the valuable information within is almost impossible because the words hidden in the audio are invisible to search. Waiting for it is not just the world, but the many people who can’t access that video because of their disabilities. Transcription unlocks the gold-dust buried in them there video hills.

    This would involve transcription on a vast scale, but this is exactly the problem Koemei aims to tackle. It’s a SAAS platform for speech recognition in video. Today at TechCrunch Disrupt it announced it has completed an integration with YouTube’s API in preparation for a potential launch. It also announced the successful completion of its first pilot with the University of Geneva and IMD Business School.
    → Read More

    May 21st, 2012

    Disruptive Retail Trend Continues As Urbanara Secures €3.5m From TA Venture

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    Lately we’ve seen the rise of e-commerce and online retailer stertups disrupting the relationship between distributors and the consumer. Etsy comes to mind of course. Meanwhile, Made.com in the UK is leading the charge, and lately Llustre (also UK) has hit on a model of re-connecting designers with consumers.

    That trend continues today as Urbanara, an online retailer for “high quality home textiles and home wares” supplied direct from the people who make them, secures a significant funding round. TA Venture, together with a group of international investors, including Blumberg Capital and Brain-to-Ventures, has participated in a €3.5 million series A investment round in the startup.
    → Read More

    May 19th, 2012

    Newspaper Attacks UK Government For Its ‘Closeness’ To Google

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    UK tabloid newspaper The Daily Mail, has decided to raise the issue of Google’s influence on the UK government, after uncovering the fact that Conservative Party ministers have held meetings with Google an average of once a month since the General Election two years ago. There have been 23 meetings between Tory ministers and Google since June 2010, with Prime Minister David Cameron meeting Google three times and George Osborne – who as Chancellor of the Exchequer is supposed to meet with business leaders – four times in two years.

    The story needs to be a seen in a wider context. The Conservatives have recently come under fire for having too close a relationship to another powerful entity, News Corporation (as did the Labour party during its tenure). A huge inquiry into Press standards has in large part focused on the ties between Rupert Murdoch’s media giant and the Conservatives.

    But what the report buries way down in the article, is the number of times the newspaper itself has met with the Government. A Google spokesperson told us: “It’s absolutely right that governments speak with companies about issues that affect their citizens. The British Government makes the list of those meetings publicly available – including the Daily Mail’s 34 meetings over the same period.” In other words, the Daily Mail has met with the Government almost one and a half times a month (on average) since they entered office – that’s quite a bit more than Google has. It’s likely those were high-level meetings, not editorial ones. → Read More

    May 18th, 2012

    ClarityRay Battles Ad Blockers With $500K In Funding

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    Some of you are probably reading this post with ad blocker right now — and to be honest, I don’t blame you. Sure, there’s the occasional amusing or genuinely useful ad, but not terribly often, so why not install a plugin and avoid the whole mess? Of course, those ads make money, so if ad blockers become widespread enough, it could be a real problem for online publishers (who have enough problems already).

    Israeli startup ClarityRay says it’s not something looming in the misty future — it’s happening now, and it’s only going to get worse. → Read More

    May 18th, 2012

    Quipper Raises $3.6M For Its Fun Take On E-Learning

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    There are lots of different approaches to the amorphous market of ‘e-learning’ but only a handful ever feel much like fun. I think amongst the best of these are sites like MangaHigh which teaches Math, or Moshi Monsters which has subtle learning tasks for kids.

    Another which works well is Quipper, which, in a Q&A format, helps people learn things in a sort of game format. Today it’s announced that it has raised $3.6m (£2.3m) of Series A funding led by Globis, the Japanese VC. The round has been two other investors: Atomico, the London-based VC firm led by Skype co-founder Niklas Zennström and Benesse, a major Japanese education and publishing company. → Read More

    May 18th, 2012

    European Activists Could Force Facebook’s New Privacy Changes To A Worldwide Vote

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    The European activists “europe-v-facebook.org”, led by a group of Austrian students, say that they have reached the 7,000-comment threshold on a Facebook privacy proposal, first raised last week, which would force the company to take the revisions to a worldwide vote. Perhaps not the best timing for Facebook, but great timing for those looking for more profile on the whole issue of privacy and how it is approached by Facebook.

    Specifically, if you go to Facebook’s English-language Data Use Policy page where it has detailed the new proposals, there are now over 9,000 comments on the post. The proposal, you can see, has some XXX’s at the top: that’s because it is due to close this evening, at 5pm Pacific time (yes, more business as usual at Facebook, despite the fact that it also happens to be going through the biggest IPO ever in tech history).
    → Read More

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    Crunchbase

    Ace Metrix — Received $8M in Series C funding from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures
    5.29.2012
    Institute for Defense and Disarmament Studies — Company added to CrunchBase
    5.29.2012
    Palomar Ventures — Invested in Ace Metrix.
    5.29.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Compliance11 — Acquired by Compliance11, Inc..
    11.15.2012
    Bolt | Peters — Acquired by Facebook for $50M.
    6.21.2012
    5.29.2012
    ServerOrigin — Acquired by Black Lotus.
    5.29.2012
    FounderMatchup — Acquired by CoFoundersLab.
    5.22.2012
    Ace Metrix — Received $8M in Series C funding from WPP, Hummer Winblad Venture Partners, Leapfrog Ventures, and Palomar Ventures
    5.29.2012
    GreenBytes — Received $12M in Series B funding from Generation Investment Management and Battery Ventures
    5.29.2012
    Funky Moves — Received £332k in Unattributed funding
    5.29.2012
    Sensee — Received €17.5M in Unattributed funding from Partech International, Orkos Capital, and IDInvest Partners
    5.29.2012
    Rosslyn Analytics — Received Unattributed funding from IQ Capital Partners
    5.29.2012
    Palomar Ventures — Invested in Ace Metrix.
    5.29.2012
    Leapfrog Ventures — Invested in Ace Metrix.
    5.29.2012
    5.29.2012
    WPP — Invested in Ace Metrix.
    5.29.2012
    Battery Ventures — Invested in GreenBytes.
    5.29.2012
    Facebook — Went public with stock symbol NASDAQ:FB.
    5.18.2012
    Institute for Defense and Disarmament Studies — Company added to CrunchBase
    5.29.2012
    Software Blueprints — Company added to CrunchBase
    5.29.2012
    Banfield Pet Hospital — Company added to CrunchBase
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    Friesen Consulting — Company added to CrunchBase
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    Webridge — Company added to CrunchBase
    5.29.2012
    PocketHound — Product added to CrunchBase
    5.28.2012
    http://www.pingola.co.il/ — Product added to CrunchBase
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    http://www.pingola.ru/ — Product added to CrunchBase
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    AnB — Product added to CrunchBase
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