Post Tagged with: "Telefonica"

Expect Labs Closes New Round of Funding
/ July 22, 2013 1:33 pm
Expect Labs Closes New Round of Funding

Expect Labs, the San Francisco-based developer of an intelligent assistant platform designed to understand conversations and anticipate information a user needs, said on Monday it has raised an unspecified amount in a new round of funding. Liberty Global Ventures and IDG Ventures joined previous backers Google, Intel, Samsung and Telefónica in the round, which the company will use to extend its platform across multiple industry verticals and geographic markets. . Read More

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Mozilla to Launch First Firefox OS Smartphones
/ July 1, 2013 2:31 pm
Mozilla to Launch First Firefox OS Smartphones

Mozilla has announced that the regional launches of Firefox OS smartphones will start shortly. Deutsche Telekom and Telefonica will launch the first Firefox OS devices, the Alcatel One Touch Fire and the ZTE Open soon. Individual partners will announce details regarding the launches in each market. Firefox OS smartphones are the first devices driven totally by Web technologies and offer everything you expect from a smartphone - calls, messaging, email, camera and so on, as well as providing new features to offer a personal experience. . Read More

Bloomberg: Telefonica Shares Drop After $1.3 Billion Sale of Treasury Stock
/ March 26, 2013 2:58 pm
Bloomberg: Telefonica Shares Drop After $1.3 Billion Sale of Treasury Stock

Bloomberg reports that Telefonica took advantage of an 18 percent increase in its shares in the past month, to raise almost 975 million Euros ($1.3 billion) after selling treasury stock to lower the Spanish carrier’s debt. Read More

Mobile Payments Company Bango Raises $10.2 Million
/ February 8, 2013 1:40 pm
Mobile Payments Company Bango Raises $10.2 Million

Bango, the mobile web payment and analytics company, announced it has secured a £6.5 million investment round (approximately US$10.2 million) to be used to finance further development of its business. Bango is a provider of carrier billing services to Facebook, Telefonica, Amazon, Google, Blackberry, Opera and others. Read More

J.J. Abrams Funds FactoryMade Ventures
/ September 8, 2011 6:19 am
J.J. Abrams Funds FactoryMade Ventures

With filmmaker J.J. Abrams as his principle investor, former WME board member John Fogelman formally launched FactoryMade Ventures, a hybrid entertainment, media business development and consulting firm. The company already has alliances with Telefonica, Hasbro, RTL Group and Intel. Read More

Lycos Europe to Liquidate, Return $66.7M to Shareholders
/ December 12, 2008 12:12 pm

Haarlem, The Netherlands – The shareholders of Lycos Europe, the portal and Web hosting service, voted this week to liquidate the company and return $66.7 million in proceeds from asset sales to shareholders, PaidContent UK reports.

The joint venture between Telefonica’s Terra, Bertelsmann and Lycos Europe CEO Christoph Monn will sell off its domain name registrar, e-commerce portal and Danish website.

As a result of the liquidation, about 500 of 700 staff are being laid off.

 

Related Links: http://snipurl.com/7v5wx (PaidContent UK)

http://www.presseportal.ch/de/meldung/100575079

http://snipurl.com/7v5i8 (DMW previous coverage)

http://www.lycos-europe.com

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Lycos Europe Fails to Find Buyer; Will Shut Down
/ November 26, 2008 10:06 am

Haarlem, The Netherlands – Lycos Europe, the portal and Web hosting service, said on Wednesday that it has concluded a strategic review process and will shut down operations and seek a sale of remaining assets. The company is separate from Lycos in the U.S., and was launched as a joint venture between Telefonica’s Terra and Bertelsmann.

"As a result of this strategic review process the Management Board and the Supervisory Board of Lycos came to the conclusion that the best available [...].

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