Google announces strong profit rise day after its first UK acquisition

BufferProof that online advertising spending has remained resilient throughout the wider economic downturn came today when Google announced its latest batch of financial results. The search giant registered a year-on-year revenue rise of 23 per cent, with revenue of US$6.77billion … Continue reading

Skype founders seek new beneficiaries for $165million war chest

BufferNiklas Zennström and Janus Friis, the founders of internet telephony company Skype, have raised US$165million, which they are hoping to invest in internet and software company start-ups. The pair founded Atomico Ventures in 2006, hoping to capitalise on a market … Continue reading