Tech news from around the web:
- Spotify is in the process of closing a financing that values the European streaming music start-up at about $1bn, according to TechCrunch. DST, the venture firm that has backed Facebook, Groupon and Zynga, is said to be leading the deal.
Social gaming company Zynga seems attached to Facebook at the hip.
The vast majority of Zynga’s 120m monthly users come from Facebook, and the slightest change in the Facebook news feed can have a major impact on how Zynga promotes its games.
As of December, Zynga and Facebook even share the same investors.
Mark Pincus, Zynga’s chief executive, sat down with the FT to talk about Facebook, the iPad and the future of social gaming. Read more
Unlike a certain other internet mogul we could name, Mark Zuckerberg hasn’t actually been to Russia – though not for lack of trying.
When we caught up with him to talk about Russian firm DST’s $200m investment in Facebook (our earlier coverage is here and here), he confessed to having tried – and failed – to get into Russia when he took time off last year to travel around Europe.
Mr Zuckerberg’s description of what happened sounds like something that any other 20-something ex-college student on a European backpacking tour could relate to (even if they don’t own their own internet companies.) Read more