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Xing grows revenue while profit falls – and no LinkedIn takeover likely

TechCrunch UK  Nov 13 09

[Germany] Hamburg based business social network Xing, similar to LinkedIn in Europe, continued to grow revenue and EBIDTA in the first nine months of 2009 while profits were smaller than last year. Total revenues from January to September amounted to €33.2 million – or $49 million – up 32 percent from the same period last year (€25.1 million). But the cumulative group profits were lower than those for the same period last year (€2.5 million for 2009 vs. €4.7 million for 2008), due to "investment costs and the assignment of €1 million in one-off tax reserves for Q3". Full story...

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Social games company Nival Network raises $7m from DST, 1C and Sergey Orlovskiy

TechCrunch UK  less than a day ago

[Russia] The Moscow-based social games company Nival Network, part of the Nival Group, has raised $7 million in new funding from DST, 1C Company and Nival Group founder & CEO Sergey Orlovskiy, according a report (russian) in the Vedomosti newspaper.

Tellmewhere revamps iPhone app, prepares for US expansion

TechCrunch UK  less than a day ago

[France] Social location-based search service Tellmewhere or Dismoioù has released a new version of its iPhone app as part of its quest to conquer the local market.

German Groupon clone Citydeal gets €5m in second round

TechCrunch UK  less than a day ago

[Germany] The Samwer brothers have done it again. In December, Germany’s most prolific startup founders pumped millions from France and Sweden into their Internet companies.

Nazis get onto Twitter, but they’re not being blocked

TechCrunch UK  2 days ago

There is a tweet being retweeted heavily within the German Twitter community right now which roughly translates as "BEWARE Nazi-pigs on Twitter! @Heil_Hitler_88 Please block so that the account gets deleted.

Team Europe Ventures invests in Polish web-based accounting startup Infakt

TechCrunch UK  2 days ago

[Germany/Poland] Team Europe Ventures, the Berlin-based VC firm focused on early stage Internet companies, has made a minority investment in Infakt.

Al Jazeera adds live streaming to mobile website and makes iPhone apps free

TechCrunch UK  3 days ago

Al Jazeera’s mobile Media unit has been quite busy lately. After making their iPhone apps free, the broadcaster has added live streaming to their mobile website.

Mobile social network aka-aki hits 500,000 members

TechCrunch UK  3 days ago

[Germany] Berlin-based aka-aki, the location-based social network for mobiles, has hit something of a milestone.

NSFW: ‘Tis Pity We Called Her A Whore – And Other Ineffectual Digital Apologies

TechCrunch UK  3 days ago

Having now written two books about my failures in work, life and love, I think I’m qualified to say that the only difference between a memoirist and a prostitute is timing.

Social wine site Uvinum uncorks in the US

TechCrunch UK  3 days ago

[Spain] Just last week, Uvinum a Spanish grown social wine recommendation portal took their first step into the English speaking market with the launch of the UK version.

Stupeflix launches its Play feature, easily turn website content into a dynamic video

TechCrunch UK  3 days ago

[France] French startup Stupeflix, the XML-based online video platform, launches its new Stupeflix Play feature today which turns content from a website into a dynamic, broadcast quality video with just "a couple lines of code.



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