MOBVIS is a Visual Awareness and Intelligent Mapping Application
By Azam on January 5, 2009 Add a Comment
MOBVIS is a project to link the real would to the digital using the mobile device and ability to capture surrounding environment into context as linking to hyper textualized world. The projected is funded by several EU governmental organizations and…
Continue Reading...Vodafone gets a Pocket Life
By Azam on December 24, 2008 Add a Comment 
Pocket Life a geo-aware social network backed by mobile network giant Vodafone has launched the service to the public. The service allows users to update their friends on their current locations automatically, and also allows them to syndicate status updates…
Continue Reading...GREE Mobile Social Networking Site of Japan Launches IPO
By Azam on December 23, 2008 Add a Comment 
Japanese social networking site operator Gree soared 45% on their trading debut on the Tokyo bourse on Wednesday, becoming a a rare bright spot in a dismal year in the IPO market. Gree the mobile social networking service provider, is…
Continue Reading...Yahoo Invest in India Phone Directory
By Azam on December 18, 2008 Add a Comment 
Yahoo has bought a 30 percent stake in Info Network Management Company (INMAC), a company in Chennai in south India that specializes in telephone directory search.
Users in India will now be able to access information about local businesses and services through Yahoo…
Continue Reading...Habbo introduces new pixel virtual currency for the 2D Virtual World
By Azam on December 10, 2008 Add a Comment 
Habbo the successful virtual world for teens has launched a new virtual currency called pixles to purchase virtual goods and space in the Habbo virtual realm. Previously, users were able to purchase goods using real currency to buy goods online. …
Continue Reading...Amyris Opens New Plant to Brew Some BioFuel
By Azam on November 11, 2008 1 Comment
Amyris Biotechnologies opened its first of two pilot plants to produce bio-based diesel from sugarcane. The 2.4 million gallon-capacity pilot plant in Emeryville is only expected to produce enough fuel for testing, experimenting and securing certification from the U.S. Environmental…
Continue Reading...HomeAway Lands $250M for Vacation Rentals
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HomeAway the largest online vacation rental marketplace announced it has completed a massive round of $250 million equity capital raise. The capital round was led by Technology Crossover Ventures (TCV) and with existing investors Institutional Venture Partners (IVP) and Redpoint…
Continue Reading...Azim Premji PE Fund PremjiInvest is said to be Interested
By Azam on November 7, 2008 Add a Comment
Azim Premji is said to be interested in picking up a stake in Captain GR Gopinath’s start-up — Deccan Cargo. The Billionaire from to Software ,Azim Premji Private Equity fund (Pramji Invest) is exploring investing a stake buy in Deccan…
Continue Reading...Bharti Teams Up with AXA for PE Fund
By Azam on November 5, 2008 Add a Comment
Bharti Enterprises and French insurance major AXA are planning to launch a private equity (PE) fund in India. Currently, both companies are working out the details of the JV effort for the Private Equity fund . A source in Bharti…
Continue Reading...Open Exchange raises $9M for Open Source Exchange Solution
By Azam on November 4, 2008 Add a Comment 
Open Xchange a provider of SaaS open source collaboration software raised $9M Series B round of venture funding led by eCapital with participation by BayBG, and existing BayTech Venture Capital. Recently, Open-Xchange has increased the number of subscriptions by four…
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