Europe

The latest innovative tech coming out of Europe

  • Get Forkd – a social network for recipes

    Forkd is a new site all about recipes as the social object which users share, store and network around, mining the new vogue of niche social networks which are fast appearing. Once signed up it’s pretty easy to add recipes to your profile, and glean ones you like from other members. Now you can also blog your recipes to your Blogger or WordPress blog.
    The founders are foodie Jared… Read More

  • Bebo's VC makes $140 million after AOL sale


    (No, that’s the not the VC, that’s the Bebo founders on holiday). As part of Bebo’s sale to AOL, Balderton Capital, the VC firm that invested less than two years ago in Bebo, is selling its 15.7 stake in the social net to AOL. It will realise about $140 million, a healthy nine times multiple. It invested $15 million in May 2006. In a statement Balderton partner Barry… Read More

  • AOL buys Bebo for $850m in cash

    Time Warner’s AOL has acquired leading social media network Bebo for $850 million in cash. It seems like a good move which will supercharge AOL’s advertising reach into social networking, and immediately put the heat on Microsoft, which has failed in social networking, and ailing Yahoo!, almost certain to be acquired itself very soon. TechCrunch US is prepping some analysis has… Read More

  • 2007 a bumper year for tech exits – reality bites in 2008

    First Capital has exclusively released to TechCrunch UK the information presented at its breakfast seminar this yesterday. The data contained makes for interesting reading if you are a startup trying to value your business. They studied about 600 international internet M&A deals since the start of 2005 and found that 2007 produced very high valuations for deals, but that this was –… Read More

  • Correction or a slump for startup exits? You say tomato…

    You say tomay-toe, I say tomah-toe – let’s call the whole thing off! That’s the short version of what came out of a breakfast seminar for VCs and entrepreneurs in London this morning. (I took so many notes that I’m going to split this post into two parts. Part II is here). The slightly longer version of the above is that one side of the startup investment community… Read More

  • Web Mission 08: UK startups to visit Silicon Valley

    Well, after months of planning and an application and judging process lasting several weeks, Web Mission 08, the project backed by UK Trade Invest, Heller Ehrmann, BT and HSBC to take 20 UK tech startups out to network in Silicon Valley, is ready for launch. Organised by UK entrepreneur Oli Barrett and Polecat, the project had an overwhelming response with over 100 companies applying.
    Who… Read More

  • Qualcomm acquires Ireland's Xiam for $32 million

    US Telco giant Qualcomm has acquired Ireland-based Xiam Technologies for its mobile advertising targeting and personalisation technology. Qualcomm will pay approximately $32 million for Xiam and estimates the acquisition will be neutral to FY08 earnings per share. Founded in 2004 and funded with venture capital from Delta Partners and Enterprise Ireland, Xiam’s technology enables… Read More

  • Home-grown video shows on tech are almost there. But not quite.

    Without access to a potential audience of millions in the US and the subsequent advertising revenues, video webcasts on this side of the pond have been patchy affairs. And especially in the realm of tech business news the content tends to be thin on the ground. Starting at the consumer end of the market, there is the patchy and variable (I’m being kind) BT Podshow . One question: why? All… Read More

  • First prosecution in the UK for harassment via Facebook

    The first prosecution in the UK for harassment using Facebook will take place this month in Birmingham, where a man was being charged with harassing his ex-girlfriend. Michael Hurst allegedly harassed Sophie Sladden via the site on 21 January. He has pleaded not guilty in Birmingham Magistrates Court and was granted bail. Hurst will stand trial later this month. A spokesman for the Crown… Read More

  • Russian government to buy YouTube clone for $15m

    European News: The media division of Russian natural gas giant Gazprom – which happens to be state-owned – is to buy RuTube, a Russia-based video-sharing site based that claims 5.5 million monthly visitors, for about $15 million, according to the Russian News & Information Agency (RIA Novosti). Gazprom-Media is a large player in Russia’s media market and owns TV channels… Read More

  • NewBay wins 6.5EUR million funding

    Dublin-based NewBay has won a 6.5 million euro ($4.96 million) second round investment from Fidelity Ventures with participation from Balderton Capital. NewBay made some of the first social and moblogging tools I ever tried out and it has since created white-label mobile social services for Orange, Alltel and Vodafone, and O2’s Bluebook backup service. The Dublin-based company will use… Read More

  • Sky, ITV and Five take their fight to the (social) networks

    Social media and TV are just falling in love right now. Three news items today confirm the trend. UK TV network ITV is to debut a teen show on Bebo, hosting a profile page and several media channels as part of Bebo’s Open Media platform. The first show will be US teen drama Gossip Girl, available on Bebo before ITV2. ITV joins Channel 4 and MTV on Bebo. Meanwhile MySpace TV will host… Read More

  • Rafer joins Polldaddy

    Scott Rafer, former CEO at MyBlogLog (acquired by Yahoo!), has joined Ireland-based PollDaddy as an adviser. The startup has a service that provides polling widgets for blogs, websites, and social networks. Rafer is adding to a busy schedule. He is currently the CEO of Lookery, co-founder of Mashery and Chairman of Winksite. CrunchBase Information PollDaddy Information provided by CrunchBase Read More

  • UK's AdJug ad marketplace hooks up with German marketer

    German online marketing group Tomorrow Focus is taking a 17 percent stake in London-based web ads marketplace AdJug. TF and existing investor Balderton Capital have also invested about £3.3 million pounds ($6.5 million dollars) in a second round of funding. AdJug won “several million dollars” in July from Balderton Capital and Espotting founder Seb Bishop. AdJug will also get TF… Read More

  • Garlik highlights UK government data failings

    UK online identity startup Garlik is putting the UK Government under pressure with new research which shows it is continuing to fail to put in place basic data protection and integrity policies despite recent major information breaches. When Garlik put in some Freedom of Information requests, all 14 of the government departments that responded admitted they lack basic systems for proving… Read More

  • Why get wet? Stay in and watch Mobile Monday London

    As anyone in London knows right now, today is not a day to be venturing outside. So, helpfully, the nice people at Mobile Monday London will tonight be streaming their event live via Qik.com. The live video will be here from 6.30pm onwards. I wonder if anyone will now turn up at all…? Read More

  • Dopplr to calculate carbon


    UK startup Dopplr – which allows you to ‘optimise’ your trips to allow more useful meetings with your social or business network thus effectively reducing travel – is to soon allow members to calculate their carbon emissions as they traverse the planet. Dopplr is teaming up with AMEE for the feature, being tested alpha-testers currently. The latter is a neutral… Read More

  • Strong European growth for Google

    Stats from US search engine marketing firm Efficient Frontier shows that the European market, where Google dominates, showed very strong growth in February 2008, with advertiser spend on Google in the UK up 69% and more than 100% in the rest of Europe. In Q4, Google reported that 48% of its revenues came from outside the US, with 14% of total revenue from the UK. The “rest of… Read More

  • How do you actually DO a startup?

    This weekend there was a flurry of discussion about how to run a start-up company, prompted by Jason Calacanis who more or less suggested that startups needed people who would dedicate every waking hour to the business (pictured pictured are some people in Europe who’ve done it including Tariq Krim, Marc Samwer, Loic Le Meur, Niklas Zennström, Martin Varsavsky and Brent Hoberman). . Read More

  • Zopa launches in Japan

    Social lending site Zopa is to launch in Japan, following its expansion to the US and Italy from its UK base. The site, three years old today, brings on board a new Japanese team in the form of chairman Takeshi Yoneda and CEO Tatsuya Kuboi, both experienced in Internet financial services. Zopa has attracted over £18 million of funding, including that from VCs Benchmark Capital, which has… Read More