Zak Shah, CEO and founder of social competition site WishFree.com, looks at how social media gaming could be a cost-effective way to engage new and existing customers.
London-headquartered Kurtosys Systems has acquired web technology business GetSponge.com as part of its strategy to build its financial services products.
London-based venture capital firm Advent Venture Partners has joined in a $17 million (£10.3 million) Series C fundraising round for social media management software provider Vitrue.
UK online social network CitySocialising has earned £1 million in equity investment and attracted the backing of tech entrepreneurs Brent Hoberman and Michael Birch at the close of a series A fundraising round.