Daily Archives: March 15, 2012

To have good taste, George Bernard Shaw once suggested, is to lack originality.

If so, then it has never been easier to show off your good taste online. A group of fast-growing websites, led by companies such as Twitter, Tumblr and Pinterest, is benefiting from what has become one of the most prevalent forms of internet behaviour: a desire simply to echo – and re-echo – the words, images and videos produced by someone else.

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The frenzy to invest in mobile payments providers continues with Boku, the San Francisco-based start-up raising $35m, in a funding round led by Telefónica Digital. It will take the total raised by the mobile transactions company to more than $75m since 2008.

Investors in this round also included New Enterprise Associates (NEA), Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures. Read more

Never let it be said that the UK entertainment industry is failing to embrace the digital world. The last few months have seen a rush of huge new entrants to the online TV and film market, starting with Tesco’s acquisition of Blinkbox and swiftly followed by HMV, Currys/PC World and Netflix.  Read more