Media and Technology NEWS

Groupon acquires restaurant booking firm Savored

US online commerce marketplace operator Groupon Inc (NASDAQ:GRPN) said that it had taken over domestic restaurant reservations provider Savored. Groupon did not reveal the conditions of the deal, which has been finalised. Savored’s … Continue reading “Groupon acquires restaurant booking firm Savored”


Closer fined €10k per day if it fails to deliver topless pictures of Kate Middleton

The French edition of Closer magazine, which last week published topless pictures of the Duchess of Cambridge, has been ordered to hand over the photographs by a court in France, it was revealed … Continue reading “Closer fined €10k per day if it fails to deliver topless pictures of Kate Middleton”


Less than half of iPhone users planning to switch to iPhone 5 — study

The launch of the new Apple iPhone 5 has made headlines globally, but what certainly matters more than publicity is what consumers think of the new gadget. According to a poll by online … Continue reading “Less than half of iPhone users planning to switch to iPhone 5 — study”


Broadcast technology firm Timewave rejects offer from Mayfair Capital

UK Timeweave Plc (LON:TMW), a provider of broadcast services to the bookmaking industry, rejected on Friday the GBP0.22 (USD0.36/EUR0.27) a share takeover offer from British investor Joe Lewis’ company Mayfair Capital Investments Limited, … Continue reading “Broadcast technology firm Timewave rejects offer from Mayfair Capital”


Search giant Google continues acquisition spree with VirusTotal deal

US-based online antivirus service provider VirusTotal has been taken over by technology major Google Inc (NASDAQ:GOOG), the target company said in its official blog without providing financial details. VirusTotal said that through the … Continue reading “Search giant Google continues acquisition spree with VirusTotal deal”


Luxury brands increase spending on digital advertising — report

The majority of luxury brands are increasing their spend on digital advertising in 2012, as they believe that the channel is more effective in fuelling online sales than TV advertising, according to a … Continue reading “Luxury brands increase spending on digital advertising — report”


Microsoft’s Bing to feature Facebook pictures in search results

Microsoft´s search engine Bing will be showing pictures added or shared on Facebook in its search, as the next step of its Facebook features integration that has been going on for quite some … Continue reading “Microsoft’s Bing to feature Facebook pictures in search results”


Amazon to compete with Groupon by launching daily deal site in London

E-commerce giant Amazon is on a quest to conquer new territories by launching a daily deals site, designed to operate for London initially, it has emerged. The new site will aim to compete … Continue reading “Amazon to compete with Groupon by launching daily deal site in London”


Broadcaster ITV acquires production firm So Television

British broadcaster ITV Plc (LON:ITV) said it had purchased production company So Television for a maximum price of GBP17m (USD27m/EUR21.5m), as part of plans to boost its capability in the production of TV … Continue reading “Broadcaster ITV acquires production firm So Television”


BT sells stake in Indian IT firm Tech Mahindra for $250m

British communications services provider BT Group Plc (LON:BT.A) said it had disposed of 14.1% in Indian IT services firm Tech Mahindra Ltd (BOM:532755) for a total gross cash price of INR13.95bn (USD250.4m/EUR203m). The … Continue reading “BT sells stake in Indian IT firm Tech Mahindra for $250m”


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