The body overseeing the allocation of new web addresses has revealed intense competition for certain domain names and strong demand for non-Latin web suffixes as companies apply to own potential rivals to .com, writes Duncan Robinson.
A total of 1,930 applications for new web suffixes were made, with more than a third of these aimed at just 229 addresses, according to the Internet Corporation for Assigned Names and Numbers, the organisation in charge of regulating web domains. Read more
By Robert Cookson in Hong Kong
A Hong Kong-based brokerage is offering free Facebook shares to all new customers in an attempt to cash in on the hype surrounding the initial public offering of the world’s biggest social network.
8 Securities, which launched in March, said customers would receive US$200 of Facebook shares simply by signing up to its online trading platform with a minimum deposit of HK$10,000 (US$1,287), a process it claimed took less than eight minutes.
However, investors hoping to flip the free Facebook shares immediately after they start trading on Friday are out of luck; 8 Securities will buy the shares on the open market in coming days and deposit them in customer accounts within 14 days. Read more
Berlin tech start-up Madvertise has bought Turkish mobile advertising rival Mobilike in what the German company sees as an important step to becoming the European market leader, writes Gerrit Wiesmann in Berlin.
The four-year-old German company, which allows advertisers to pinpoint and address potential customers via their mobile phones, is one of the more mature start-ups on the Berlin scene.
To fund European growth, Madvertise secured $10m in series B venture-capital funding late last year, and counts Silicon Valley-based Blumberg Capital as a shareholder. Read more