LinkedIn clone Viadeo has acquired Spain’s ICTnet, a business-oriented community site listing 55 such communities. Viadeo’s Spain country manager Pedro Sanchez Pernia wrote the deal gives it 300,000 users in…

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Deutsche Telekom (NYSE: DT) is investing two million euros in Swoodoo, a German flights search and booking site, via its T-Online Ventures arm, and aims to integrate it with some…

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Expedia is following its acquisition of a majority of India’s TravelGuru site by buying Venere.com, an Italy-based travel site listing about 29,000 hotels in Europe and the US, for an…

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Webjam, a startup that lets any organization set up their own social network (that sounds pretty familiar), has raised a £1 million ($1.9 million) first round led by I-Source, which…

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WPP has added another advertising services company to its growing collection, with Ogilvy buying a majority stake in Czech internet marketer Advertures - a company that’s so bleeding edge, it…

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Same old story we’re seeing everywhere else. Revenues for the year to June 30 will be flat but online will be up 24 percent, business publisher Centaur reckons, ahead of…

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-- Music Trade News: ToyNews and CasualGaming.biz publisher Intent Media has bought Music Trade News from from publisher MB Media, and will merge it with its own Musical Instruments Professional…

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The acquisition of our parent company, ContentNext Media, is a major change for us, but it also marks a turning point for the UK company to which we now belong.…

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Online video advertising startup VideoPlaza has received a €420,000 seed investment from Creandum plus angels Henrik Torstensson and Magnus Hultman to launch outside of its native Sweden. Sweden is seeing…

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After facing strict regulatory approval, Nokia (NYSE: NOK) said today it has officially closed the $8.1 billion acquisition of digital map company Navteq, which was before its expected Aug. 8…

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Bestofmedia Group, the French tech publisher that acquired tech sites Tom’s Hardware and related sites last year, has taken its first outside funding in its 8-year history: It has raised…

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You’re reading it here first... Italian social media entertainment operator Dada has bought a 10 percent stake in the owner of interactive on-demand TV channel Music Box for €750,000, as…

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CareerBuilder, the job site now owned collectively by Gannett (NYSE: GCI), Tribune Company, McClatchy (NYSE: MNI) and Microsoft (NSDQ: MSFT), has made an international acquisition: it has bought out Lesjeudis.com,…

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As expected, WPP Group is making a hostile bid for audience measurement firm Taylor Nelson Sofres, which has rejected the ad holding company’s three previous offers, Reuters reports. That in…

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Two-year-old German, Spanish and Italian luxury shopping community BuyVIP has received a further round of investment of an undisclosed size from Bertelsmann Digital Media Investments, 3i and Molins Capital Inversión.…

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BT (NYSE: BT) is making a somewhat late play in the online classifieds space, buying classifieds website operator Ufindus for £20 million in cash. The telco lost its monopoly over…

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Helsinki’s Xtract, an agency that gathers social media impact data for advertisers, has closed a €7.5 million (£5.9 million) second round of funding to expand outside of Europe. The funds…

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Another upstart mobile social media platform, Next2Friends, will announce a “multimillion-dollar” first funding round in the next four to six weeks. Term sheets are being signed for the company to…

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US lifestyle guide Spire.com, a social networking site for folks whose net worth is $250k or more, is buying London-based Suzanne’s Files, a high-end content site bringing in 55,000 readers.…

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Alterian, a London-based marketing services company, has bought online content manager Mediasurface. Shares of the combined company are expected to begin trading on July 9 on the London Stock Exchange,…

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BBC Worldwide digital revenue ballooned from £13.9 million to £21.9 million in the year to March 31, thanks to ads on the new BBC.com and to sales from the likes…

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Playfish, a developer of games on Facebook, has raised $1 million (£500,000) as part of a larger planned venture round, according to VentureWire, via VentureBeat. The funding, from VC firm…

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Italian online entertainment publisher Dada has bought another 40 percent of blog network Blogo.it‘s owner E-box for €1.6 million, taking its stake up to 70 percent. Blogo.it is Italy’s most…

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Rue89, a French alternative news site founded by disgruntled former Libération editors, has attracted a €1.1 million investment after selling a 24.9 percent stake to backers including Fotolog operator Hi-Media.…

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Berlin- and San Francisco-based online casual gaming platform GameDuell has received an €11 million second-round investment from Wellington Partners with the cash due to be used for international expansion. The…

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