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Serial web investor Saul Klein was recently appointed as a venture partner by London-based VC firm Index Ventures. Saul is planning to help Index spend its new technology fund and he will also work with its existing portfolio.
He spoke to us about why European start-ups need better access to experienced entrepreneurs, why he thinks social shopping is over-hyped, and what's driving the renewed interest in internet companies from investors.
Several big brands including Orange, B&Q and 3 seem to have been underperforming on eBay recently, posing questions about the effectiveness of their stores on the auctioning site.
The companies have been using eBay to sell surplus or reconditioned stock - items that can no longer be sold to high street customers but have huge appeal to bargain hunters.
A Texan inventor has launched an audacious court case against TV-shifting hardware maker Sling Media, claiming a patent infringement.
Stuart Mershon claims the Slingbox, which uses the internet to rebroadcast TV content from a user's lounge to a PC or mobile phone anywhere in the world, infringes on a system he invented to transmit home audio signals to a remote speaker over wireless telephone networks.
Online gambling firm 888 Holdings Plc has posted a 7% rise in profits for 2006, despite the loss of business which resulted from the recent US ban on online gambling.
888 Holdings lost just over half its sales and was forced to cut 25% of its workforce after shutting down its US operations when Congress banned internet gambling.
Customers can download the application free from pricerunner.co.uk, and will see a full colour mini version of the site with full functionality.
Vodafone is to partner with Google to provide a version of Google Maps for users of its mobile phones.
Vodafone said it will, in conjunction with Google Maps, provide easy-to-use maps and local listings, as well as local search and navigation capabilities.
Yahoo! has extended its mobile display advertising system to 18 countries outside the US, as well as announcing a number of deals with advertisers to target mobile web users.
The company said brands including Hilton's Embassy Suites, Intel, Nissan, Pepsi and Singapore Airlines had committed to buying ads on its mobile internet service.
Kent-based mobile VoIP provider Truphone hopes to make its software compatible with 25 mobile handsets this year.
James Tagg, CEO of the company which routes calls from regular mobiles over WiFi internet, told GigaOm Truphone will shortly work on Symbian S60 and UIQ (largely Nokia and Sony Ericsson) as well as Windows Mobile.
Americans are finally beginning to use SMS mobile text messaging, according to new research.
The Mobile Marketing Association's (MMA) latest annual survey found the proportion of customers who engage in texting daily rose from 41% in 2005 to 44% last year; 69% use the feature generally.
It is thought the American Idol pop talent show was a major driving force behind the upward trend - 64.5m SMS votes to the programme set a new texting record in the country last year.
Virgin Media was today unveiled as the new name for ntl and Telewest, with the new entity aiming to shake up UK consumer telephony, entertainment and communications provision with a quad-play offering.
The cable company last year completed the £962m acquisition of Virgin Mobile, making Richard Branson a 10.7% shareholder in the firm, which celebrated today by firing a volley of press releases.
British user-generated content network moblogUK will provide the backend to a promotional website for the forthcoming Warner Pictures movie, The Science of Sleep.
The Michel Gondry film will ask people to people to capture their dreams in video, audio or still image, and post them to a moblog (mobile phone photo weblog) used to support the release. DreamBlog.co.uk is linked to from the movie's official website.
The service will launch first in the UK, followed by other major European markets, believed to be France, Italy and Germany.