July 12, 2008 in General
In business I have always bootstrapped my startup. I’m not saying I wouldn’t get investment, although so far this hasn’t been the case. It should be noted that getting investment for your company has many great advantages such as providing you with large amounts of capital quickly to get your startup running and in the public [...]
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July 11, 2008 in General
Old Media are starting to get smarter and realise that they need to move onto the web, if they are going to survive in the long run. This time Guardian Media Group have acquired ContentNext which is the holding company for properties including the PaidContent blog.
A source close to the deal, has told us the deal [...]
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July 11, 2008 in General
When 56.com posted a its message say it was coming back soon, we presumed it would take them a little longer then a few hours as, they site is now back online after its 5 week halt.
Either they cleared up its claimed “system maintenance” issue or the Chinese government decided not to completely crush it, which [...]
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July 11, 2008 in General
Chinese Youtube, 56.com has spent the past month offline due to unspecified “server maintenance problems” although we’ve been hearing alot of speculation regarding why the site is down.
The company’s competitors have told us, that they believe the video-sharing service has been shut down by the Chinese authorities for copyright infringement or some other high crime. If this is true then the [...]
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July 10, 2008 in General
Founded in 2006, Online gaming company Riot Games, has raised a $7 million Series A round from Benchmark Capital and FirstMark Capital. The valuation was undisclosed.
The company will use the funding to launch its first game. However, we don’t know any details of the game, not even when it will launch - except for the fact that [...]
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