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Skill Finding Site Weedle Gets $4 Million

Mar 15, 2010 2:40 PM

Weedle, a site that lets users find people who have specific skills and also pitch their own, has raised $4 million in funding. On Weedle, users create short profiles for free complete with their background, as well as the service they’re providing. They can also “vouch” for other members. Weedle…

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Posted In: Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Countries, Europe, Ireland, enterprise ireland, weedle

GyPSii Raises Another $11 Million For Mobile Location Sharing

Mar 15, 2010 8:46 AM

Latitude, Foursquare. There’s no shortage of mobile social location candidates stepping up. Now GeoSentric’s GyPSii of Holland has raised a further $11 million funding for its effort - bringing its total to $40 million. The disclosure came in GyPSii’s announcement of a new Twitter app, Tweetsii, that puts tweets first,…

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Posted In: Mobile, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, gypsii, schroders

Social Dating Site Smartdate Raises $2.2 Million

Mar 3, 2010 4:09 PM

As traditional dating sites stagnate, investors appear to be sensing an opportunity in social dating startups. European venture fund 360 Capital Partners is investing $2.2 million in SmartDate.com, a social dating site which launched just three months ago. The site integrates with Facebook Connect so that users can link up…

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Posted In: Media & Publishing, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, 360 capital partners, smartdate

The Career Site Funding Spree: BraveNewTalent Gets Its Round

Mar 1, 2010 3:10 PM

BraveNewTalent, a British social recruiting site which has its sites on an overseas expansion, has raised £350,000 (roughly $560,000) in a funding round from nine angel investors. The site—which mixes social networking with job searching—promises to let students and graduates “find, follow and build a relationship with employers of choice.”…

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Posted In: Jobs & Layoffs, Money, M&A & Venture Capital, Venture Capital, Social Media, Community, bravenewtalent

ITV’s Friends Reunited Sale Approved By Competition Commission

Feb 18, 2010 7:50 AM

ITV’s new guard will be happy with this - after a three-month inquiry, the Competition Commission has provisionally approved the £25 million sale of Friends Reunited to Scottish genealogy site operator Brightsolid. The sale was referred by the OFT in November but the commission has concluded “the tie-up poses no…

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Posted In: Legal, Regulatory, Social Media, Community, Companies, ITV

East European Social Network Concentration In Naspers/DST Deal?

Feb 8, 2010 9:39 AM

South Africa’s Naspers and Russia’s Digital Sky Technologies (DST) are in talks to pool their Polish social networks Gadu-Gadu and Nasza-klasa.pl, according to Russian business daily Kommersant, citing “a source close to the deal”. Naspers, which owns Gadu-Gadu outright, is reportedly doing due diligence on Forticom, the DST-owned social network…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Countries, Europe, Russia

MyHeritage.com Buys OSN Group In European Expansion

Feb 2, 2010 5:00 PM

Online genealogy firm MyHeritage.com has bought up rival OSN Group, in a move that it says will propel it into the “largest international site dedicated to families on the web.” That claim is somewhat questionable, since the 530 million profiles MyHeritage will now be able to claim is still swamped…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Countries, Europe, myheritage, osn group

Social Network Maker SocialGO Raises $800,000

Jan 12, 2010 10:00 PM

SocialGO, a startup which lets its users set up their own social networking sites, has raised $800,000 from Veddis Ventures; SocialGO’s parent company, Bright Things, has also bought up Get On With It, a company which has been providing SocialGO with unspecified “development and support services” for two years. Social…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community

Are News Communities A Premium Opportunity?

Nov 30, 2009 7:04 AM

If readers won’t pay for content, will they for community? That’s what Patrick suggested last week. And Pluck’s European chief Pluck‘s European chief Stephanie Himoff tells paidContent:UK: “I see it as an opportunity.” Pluck already powers story commenting for publishers like Times Online, Trinity Mirror (LSE: TNI) and Guardian.co.uk; so…

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Posted In: Social Media, Community

Nokia Buys Social Network Service Plum

Sep 11, 2009 12:50 PM

Nokia (NYSE: NOK) has purchased Plum, a platform used to create private social networks. In a brief statement, the mobile giant said little about its plans for the startup, noting only that the company would “complement Nokia’s Social Location services.” But Nokia said just last week that it was looking…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Companies, Nokia

Earnings
Earnings: Buongiorno Sees Revenues Fall; Focuses On New Forms Of Content

Aug 28, 2009 3:18 PM

Italian mobile content company Buongiorno released earnings for the first six months of the year, saying that a majority of its operators still revolve around traditional content, but increasingly it’s focusing on new opportunities, such as social networking and mobile advertising. Earnings Release. The company said revenues fell compared to…

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Posted In: Mobile, Money, Earnings, Social Media, Community, Companies, Buongiorno

Industry Moves
Advertising Round-Up: Smart Car, Mofilm/BFI, iCrossing, Acceleration

Aug 13, 2009 4:56 AM

Marketers are still playing with social media to try and convey their brand values… —Smart car: Mercedes’ efficient little motor is trying to replicate the sense of online community exhibited by Toyota Prius owners, launching DestinationSmart, a community encouraging Smart drivers to share pics, videos, forum messages etc. Built by…

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Posted In: Advertising, Industry Moves, Social Media, Community

Facebook Buys Sharing Service FriendFeed For Reported $50 Million

Aug 10, 2009 3:25 PM

Updated: Facebook has purchased social sharing service FriendFeed—in a deal that should give it both additional technology and engineers to beef up its product. Financial terms of the deal were not released, although the WSJ puts the price at nearly $50 million, including $15 million in cash, with the remainder…

Full release and more details after the jump. »

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Nanopublishing, News Sharing, Companies, Facebook

Nokia Acquires Cellity’s Social Network And Shuts It Down

Jul 24, 2009 11:38 AM

Nokia (NYSE: NOK) has agreed to acquire certain assets of Hamburg, Germany-based cellity, a social networking software company. Terms of the deal were not disclosed. Nokia said it will acquire the company’s 14 employees to “strengthen its competencies in the area of social networking,” but will discontinue the service. Currently,…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Companies, Nokia

Mobile Content Bits: Dopplr, ShopStyle.co.uk, FT.com iPhone Apps

Jul 16, 2009 9:04 AM

A rash of new iPhone apps… —Dopplr: The business travel social net has taken its Social Atlas to the iPhone, price free, putting it up against the wealth of apps that find recommended nearby restaurants, bars and hotels. Nokia (NYSE: NOK), BlackBerry and Android roll-outs are planned. —ShopStyle.co.uk: The fashion…

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Posted In: E-Commerce, Travel, Media & Publishing, Women-Centric Content, Mobile, Social Media, Community, Companies, Pearson, Financial Times, FT.com

Funding Round-Up: Glubble Gets $1 Million; Ticketea Launches; North-West £360,000 Payout

Jun 29, 2009 7:25 AM

—Glubble: Family-focused social network Glubble has raised $1 million (£607,000) in second round from (unidentified) European investors taking its total capital raised to date to $4 million (£2.42 million). The San Francisco-based site—founded in Amsterdam—provides with shared picture galleries and calendars and emphasises its safety benefits for young children. More…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Countries, Europe, Spain

MySpace Axing Two Thirds Of International Staff, Katz’s Position Unclear

Jun 23, 2009 4:43 AM

MySpace’s cuts, announced for the U.S. last week, are spreading as expected. The company will slash its international staff by two thirds, from 450 to 150, and close at least four international offices as part of cuts that affect “all international divisions of the company.” It brings the total jobs…

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Posted In: Social Media, Community, Companies, News Corp., MySpace

Interview: How Tweetdeck Plans To Make Money

Jun 21, 2009 10:46 AM

Twitter management app Tweetdeck has ridden the wave of Twitter’s popularity to become one of the top Twitter clients, with one million downloads. The free iPhone app launched this week got more than 100,000 downloads in its first 30 hours. But its London-based founder, Iain Dodsworth, sees the company’s business…

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Posted In: Mobile, Social Media, Community

Piczo Merging With Stardoll To Create Teen-Focused Network

Mar 9, 2009 10:19 AM

San Francisco-based teen social network Piczo appears to have given up hope of challenging bigger rivals on its own. The five-year-old Piczo has decided to join with Stockholm-based teen-girl dress-up site Stardoll to make a joint run at the young-teen demographic. Piczo will remain an independent brand. But the two…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Countries, Europe, piczo, stardoll

Interview: Joanna Shields, President, AOL People Networks: Audience First, Profit Later

Feb 23, 2009 10:26 PM

A few weeks after AOL (NYSE: TWX) denied it would hastily offload its $850 million Bebo acquisition, the social network is trumpeting a whole roster of new products offered not just through Bebo, but through AOL itself, AIM, ICQ and AOL’s mobile products, each of which is harmonizing user profiles.…

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Posted In: Social Media, Community, Companies, AOL, Time Warner, bebo, joanna shields

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