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Yahoo! acquires Tumblr and promises to ‘not screw it up’

Internet giant Yahoo! has continued with its big spending acquisition activity by buying blogging platform Tumblr for $1.1 billion.

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Recruitment and funding flagged as issues for London’s Tech City start-ups

Fast growth companies located in London's Tech City are being held back by a lack of capital, new research suggests.

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Kick Sport bags £250,000 to create white label e-commerce site for partners

Online martial arts retailer Kick Sport is now looking to create partnerships with martial arts clubs and associations on the back of a £250,000 venture capital investment.

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BYOD security business AirWatch tops up its Series A with help from Accel Partners

Mobile security business AirWatch has added to the $200 million Series A round it closed earlier in the year by securing an extra $25 million.

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London cash shells now hold £572.3 million for burgeoning businesses

The number of cash shells listed on London exchanges has grown from 64 to 91, the latest Cash Shells Directory finds.

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Diversifying the client base at launch and learning to say ‘No’

David Barker reflects on resisting the temptation to say 'Yes' to the first offer when he opened his data centre, and how choosing instead to diversify his client base at launch has enabled 4D Data Centres to maintain rapid growth in a recession.

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Private equity deal value takes hit in first quarter of 2013

Raising bank debt considered an obstacle to completing transactions.

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Doubts over effectiveness of government pledge to cut red tape for business

Eyebrows are raised over an increase in the number of new laws introduced by the government.

News

Private equity deal value takes hit in first quarter of 2013

Raising bank debt considered an obstacle to completing transactions.

News

Doubts over effectiveness of government pledge to cut red tape for business

Eyebrows are raised over an increase in the number of new laws introduced by the government.

News

'PayPal Mafia Don' Peter Thiel leads funding round into Tech City start-up TransferWise

Skype's first employee has netted a $6 million (£3.9 million) investment from Valar Ventures, a venture capital firm set up by PayPal co-founder and early Facebook investor Peter Thiel, for his peer-to-peer money transfer business.

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Surveillance company Seven snaps up covert intelligence operator

Datong deal is worth £7 million, with YFM involved in the financing.

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Kia Petroleum gets firm commitments on AIM fundraising

A £5 million placing for Kea Petroleum is set to be used to fund facilities relating to flow testing and to drill further wells for its New Zealand-focused operations.

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Crowdcube values itself at £7.1 million after ‘world record’ three-day fundraising

Crowdfunding platform Crowdcube has returned to its own service to secure additional capital for growth.

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Opinion

Boosting confidence in outsourcing your customer service function to call centres in Africa

CCI Kenya discusses why outsourcing key of your business processes to call centres in Africa may be beneficial