Rovio

Tim Bradshaw

Angry Birds developer Rovio has already become the first app maker to successfully transfer its brand from digital to physical, with all sorts of merchandising and toys.

Now the Finnish company is making its most ambitious play yet to become – in its words – a “fully fledged entertainment powerhouse” with the launch of a weekly cartoon series this weekend. Read more

This week’s launch of Angry Birds Space has propelled the mobile game’s Finnish developer, Rovio, into the stratosphere, instantly topping app store download charts around the world.

But whereas the original Angry Birds was a viral hit, notching up hundreds of millions of downloads with minimal marketing, this latest update landed in a marketing blitz more akin to a Disney blockbuster than a 99 cents mobile phone app.

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Tech news from around the web:

Facebook is expected to unveil a revamp of its ‘Like’ button at next week’s developers’ conference, according to TechCrunch. Sources have told the blog that the social network will add ‘Read’, ‘Listened’, ‘Watched’, and ‘Want’ buttons. These buttons are designed to fine-tune profile information and could replace or augment the ‘Like’ button. Read more

The buzz around the stratospheric private market valuations of US technology groups such as Facebook, Groupon and Living Social is spreading to Europe, as investors seek to make the most of growth opportunities in internet companies.

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Tech news from around the web:

  • Eduardo Saverin, the co-founder of Facebook, has taken the lead in a fresh round of financing for Jumio, the one-click mobile and online payments system, TechCrunch reports. Mr Saverin put up more than half of the round, about $6.5m, alongside other private investors.

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Tim Bradshaw

Niklas Zennström, founder of Skype, Kazaa and now Rdio, a digital music service, spoke to the Financial Times about why his Atomico Ventures fund has co-led a $42m series A round in Rovio. Is Angry Birds – Rovio’s blockbuster iPhone game – really going to be worth hundreds of millions of dollars in the years to come? Read more