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News

DataSift receives funding from US investors

Social data mining platform DataSift has turned to US-based IA Ventures and GRP Partners to secure a $6 million (£3.76 million) funding round.

News

Myspace acquired in discount deal

Global media company News Corporation has sold the ailing Myspace business in a cut-price deal for $35 million (£22 million), 6 per cent of the $580 million paid by Rupert Murdoch's business in 2005.

News

Advent takes stake in social media marketing

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.

News

Tech heavyweights back CitySocialising

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.

Technology

YouTube in the workplace

Banning YouTube and Facebook tends to be among the first entries on a company's internet policy.

News

Nokia acquires social platform

Plazes, a Swiss-based developer of a platform that helps people coordinate social activities online, has been acquired by Finnish mobile giant Nokia.

Entrepreneurs

Michael Murphy: Murphy’s Law

It’s a brave man who becomes CEO of internet colossus Friends Reunited at a time when its phenomenal growth appears to be stalling. But from day one, Michael Murphy set about strengthening the brand, turning a potential one-trick wonder into an attractive acquisition for media giant ITV.

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Accounting and Finance Software

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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