Daily Archives: November 9, 2011

Richard Waters

Yahoo just moved another step forward in its bid to control the end-game that has been taking shape around its future.

Silver Lake has agreed to enter into confidential discussions with the US internet company, making it the latest private equity firm to go this route – and potentially robbing Alibaba and Softbank of an ally as they consider making a play for Yahoo themselves. But it’s still far too early to call it “game over”. Read more

Chris Nuttall

Time has been ticking for Wimm Labs to get its watch-like Android device to consumers in time for the holiday season. Its release to developers on Wednesday, two months later than planned, suggests it won’t be making any Christmas lists.

Nevertheless, after testing it, the Wimm One seems not far off a finished product to me and the potential is there for third-party “micro apps” to give it much more appeal. Read more

Tech news from around the web:

British billionaire Sir Richard Branson has made a ‘multimillion-dollar’ investment in mobile payment start-up company Square, a spokesperson for the company has told Reuters. The move  follows a $100m investment led by venture capital firm Kleiner Perkins Caufield & Byers and an injection by credit card company Visa.

Adobe Systems is said to be scrapping its move to bring its Flash Player software to smartphones and tablets, CNET reports. The Flash browser plug-in is widely used on personal computers but has so far only reached a fraction of the mobile phone market.  Read more

When Google executive chairman Eric Schmidt on Wednesday addressed a Taiwanese audience for the first time, he was in some sense preaching to the choir.

As Mr Schmidt noted, Taiwan already fared better than the US in terms of broadband penetration, the speed of its internet, and the percentage of its people with smartphones. Yet there was still one looming problem, he noted, and that was the rising cost of building more advanced telecommunications networksRead more

Tim Bradshaw

When two key partners at Index Ventures, Danny Rimer and Mike Volpi, moved from London to open the tech investor’s first Silicon Valley office, many European entrepreneurs saw it as a loss for the region.

But as it raises a huge new €500m ($700m) late-stage fund, Index insists that it’s just as focused on Europe – and London – as it’s ever been. Read more