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TechCrunch UK Mar 05 10 The owners of Serbian betting sites kladionicar.com and freebetting.net - Djordje Djokić and Dušan Jagličić - were arrested last week for "organizing illegal bookmaking and money laundering". However, not all is what it seems.
Both sites are resources for sports fans who like to bet on various sporting events. They provide stats, news, tips and other information related to sports betting. But revenue is generated through banner ads with links to bookmakers outside of Serbia and via SMS services with related betting information not through actually taking bets.
In other words, the two sites only refer users to other betting sites and get paid for each referral. Full story...
Lovefilm, the Netflix-of-Europe, looks set to beef up its multi-platform play via a newly signed agreement with DRM and adaptive streaming technology provider Widevine.
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When we first profiled Map My Tracks, a web service which provides real-time GPS tracking for cyclists, runners and other sporting types, we liked the concept and user experience but were critical of the subscription model employed.
Buy now, pay later. We're all too familiar with the way "cheap" or sometimes 0% finance is offered by bricks 'n' mortar stores at the point of purchase, and some of us are no doubt paying for the privilege right now.