Items filtered by date: Tuesday, 25 March 2014


Last week, chat app Line announced that it passed the 300 million download milestone for its gaming platform Line Game. That’s a huge achievement considering it is under two years old, launching just in July 2012.

Published in Research & Trends


With recent talk of early-stage startups being squeezed out of the Old Street area of East London’s ‘Silicon Roundabout’ (or Tech City, to give it its UK government sanctioned name), it’s no surprise to see a new startup crop up to help other startups in the city find suitable office space. Spacious, founded by Tushar Agarwal and Tom Watson last November as part of the Entrepreneur First programme, is an online marketplace for startup office space, initially targeting companies in London.

Published in News


If its good enough for Facbook...

Chinese online retail giant Alibaba has jumped into the messaging market with a $215 million investment in Tango, a four-year-old messaging and social-networking app.

Part of a total fundraising round of $280 million, the investment provides Tango with capital to compete in the increasingly high-stakes competition between messaging apps that has blossomed outside the U.S.

Published in Deals & Funding

 

Hindsight is always 20-20, that is, unless you're looking through virtual-reality goggles — then, things may get really crazy.

Just minutes after Facebook's announcement that it acquired Oculus VR for $2 billion on Tuesday, early supporters of the project took to Kickstarter to voice their displeasure about the deal.

Published in Deals & Funding