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Music recommendation site nets $25m in funding

MyStrands, a music recommendation site based in Spain, has announced that it has received $25m (£12.5m) in second round funding.

This round was led by 25 year-old Spanish media mogul Antonio Asensio, who owns Grupo Zeta, the third largest media group in Spain, and brings the total funding raised by MyStrands to $31m (£15.6m).


Interview: Mike Baxter on checkout best practice

E-consultancy this week publishes its Online Retail Checkout Special Report, a must-read for e-commerce site owners who want to understand how they can reduce abandonment rates.

Here, Dr Mike Baxter, the author, talks about some of the key issues and problem areas associated with checkouts - and some of the 'quick wins' for etailers.

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Google plugs in green car initiative

Google has announced a philanthropic initiative aimed at reducing carbon emissions by popularising electric-powered cars.

Part of the google.org philanthropy project, RechargeIT is offering $1m to think-tanks looking at ways to drive up use of electric and hybrid vehicles.


Italian tourism crippled by malicious web bug

Italy's online tourism industry was thrown into chaos when thousands of tourism websites were shut down by a software infection that takes over users' computers.

Nicknamed 'The Italian Job' by security experts, the attack began last week and claimed around 10,000 sites by Monday morning.

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Semel replaced as Yahoo! CEO

The troubled reign of Yahoo!'s Terry Semel has come to an end with the announcement that he is stepping down as the company's CEO.

Semel will be replaced in the hotseat by Jerry Yang, and will remain at Yahoo! as non-executive chairman.


Welovelocal launches local listings site

Welovelocal is a recently-launched local listings directory that serves the London area at the moment, but plans to expand the service to the rest of the UK.


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Makeover planned for eBay

eBay is planning some major changes to its site in a bid to make it more appealing to buyers and boost its auction revenues.

The changes, announced at the eBay Live event in Boston by chief executive Meg Whitman, will focus on improving eBay's homepage and search results.


Virtual shopping mall to launch in UK

Japanese internet mogul Hiroshi Mikitani has apparently set his sights on the UK’s booming etail market with plans to launch his ‘virtual shopping mall’ here next year.

The Rakuten owner wants to attract UK retailers and consumers to the site, which generates leads for partners in return for monthly membership fees and a 2%-5% cut of sales.


Txt msg T-shirt alerts marketers

A new T-shirt innovation that spreads messages via mobile SMS is piquing the interest of many marketers.

Reactee is a T-shirt on which companies and organisations can print a message including a unique text code.


PartyGaming takes ads to offset US gaming ban

London-listed online casino operator PartyGaming is to run web advertisements to make up for the impact of recently-introduced US anti-gambling laws.

The company has signed with the Traffic Marketplace advertising network to place ads on PartyPoker.com and PartyPoker.net in the US.


Music Station plans October launch in UK

Music Station, a new service offering all-you-can-eat music downloads to mobiles, is reportedly planning to launch in the UK in October.

The Independent says Omnifone, Music Station’s owner, is in talks with Carphone Warehouse over a deal to preload the service onto new handsets.


Powerset to launch a natural language search engine

Powerset is a San Francisco based startup which is generating a fair amount of buzz around its product - a natural language search engine which aims to 'break the confines of keyword search'.


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