So how exactly does unlikely Pirate Bay bidder Global Gaming Factory X intend to profit from the scourge of the entertainment industry, and pay content owners? CEO Hans Pandeya, who offered SEK 60 million (£7.4 million) this week, tells paidContent:UK he wants to sell users’ unused hard disk space to…

The search for a new CEO for also-ran online video site Dailymotion has ended, as Cédric Tournay (pictured) has agreed to take the reins of the Paris-based site, the company said in an e-mailed announcement. Tournay is the former CEO of European health portal Doctissimo.

Italy’s diverse social network, mobile and community operator Dada has resumed its journey on the M&A trail, buying 51 percent of Milan Stock Exchange-listed casual web games publisher Fueps for €1.36 million.

We knew Russia’s online media were exploding; now comScore (NSDQ: SCOR) data shows the country’s internet users visit social networking sites more than anyone else in the world - an average of 6.6 hours and 1,307 pages per visitor per month. Release.

Swedish stock exchange officials are investigating whether there may have been insider trading around Global Factory X’s deal to buy Pirate Bay for $7.8 million. “There are reasons to suspect that information was leaked,” a stock market official at the AktieTorget exchange tells Swedish business paper Dagens Industri (via Swedish…

The Amazon (NSDQ: AMZN) Kindle, a success if you believe the buzz around the device and some of the numbers analysts have come up with, is looking to expand internationally, and, as a part of that, Germany, Europe’s biggest book market, is believed to be among the first of those…

Swedish publicly listed software company Global Gaming Factory X (GFF) says it wants to buy The Pirate Bay SEK60 million (£4.7 million) and will begin compensating copyright ownersfor material its users find and download. GGF announced today said it will also buy P2P technology company Peerialism and plans “to launch…

—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…

Microsoft (NSDQ: MSFT) is following up its recent BSkyB Xbox deal by adding live and VOD shows from France’s Canal+ Group to the games console. Like the Sky deal, it seems Xbox users will need to already be Canal+ subscribers. The deal covers several suites of programming from the Vivendi-owned…

Vodafone (NYSE: VOD) is mulling over a bid for T-Mobile UK, a move that would catapult them to the lead of the British mobile phone market, one of the most competitive markets in Europe. The FT.com, citing “people familiar with the situation” said that Vodafone, the world’s largest carrier by…

India’s government has banned the controversial and popular local cartoon porn site Savitabhabhi.com. The government’s telecom department has asked all Internet Service Providers to block the website in a communication earlier this month, according to documents seen by our sister site contentSutra. There has been mounting concern in India over…

—Rapidshare appeal: The German file-sharing site is appealing its €24 million fine from a Hamburg court, in a case brought by German collecting society GEMA. Rapidshare CEO Bobby Chang says GEMA is trying to “turn back time” by suing the site. From P2P-blog.com. —IAB games council: The UK’s Internet Advertising…

BBCWW’s Lonely Planet is hiring the CEO of UK online dating network Allegran as its new global online director.  Kelly Brough will report to Matt Goldberg, who replaced Judy Slatyer as CEO when he joined from being Dow Jones (NYSE: NWS) digital SVP in January.

France Telecom’s UK carrier Orange, the country’s third largest, is cutting 370 jobs, the FT.com reports. A hundred of the lay offs will come in the next three months, while the remaining 270 jobs will be cut by not filling positions. Orange UK has been struggling to regain its position…

—Irish music piracy: They warned they would, and now they have. The four major labels are suing Irish ISPs BT (NYSE: BT) and UPC to force them to implement a “three strikes” anti-piracy measure, FT.com reports. It worked against Eircom, which relented and agreed out of court to the practice…

Taiwanese smartphone maker HTC has released its third Android phone, the HTC Hero, which has been picked up by France Telecom’s UK carrier Orange, as the first Android device in its portfolio of phones, the companies said today.

—Mail.ru earnings The Russian economy has slowed, but ru.net’s revenue growth hasn’t: Mail.ru, the country’s leading email provider and the world’s top Russian language site with 40 million monthly users, had revenues of $74.6 million (£45.3 million)—a 45 percent year-on-year increase—and income of $34.3 million (£20.8 million), a 29 percent…

Google (NSDQ: GOOG) executives will answer charges of criminal defamation in a Milan court on Tuesday, stemming from a three-minute Google Video of a boy being bullied for having Down Syndrome. The four execs are chief legal officer David Drummond, privacy chief Peter Fleischer (pictured), former CFO George Reyes (now…

How much of a problem is illegal, online video downloading in developed countries? Perhaps not as much as most people think, according to a new study from research firm Futuresource Consulting. It found that just eight percent of consumers in the UK, France, Germany and the USA admit to downloading…