Showing posts with label MediaConversations. Show all posts
Showing posts with label MediaConversations. Show all posts

Monday, August 08, 2011

"Tweets on Yuri Milner"

Yesterday the Russian investor Yuri Milner and his venture group Digital Sky Technologies have been throwing a ton of money behind Twitter. Bloomberg reports that Milner’s investment will make up about half the funding round of $800 million Twitter is aiming at, valuing the company at $8 billion.

Digital Sky Technologies (DST) has been backing Facebook since May 2009, when it paid $200 million for a 1.96% stake (according to a source close to the company this is now close to 10% ). Digital Sky Technologies has also invested about $150 million in Groupon, a similar amount in Zynga, Spotify and Airbnb.

In a quote, DST’s Yuri Milner said: “Twitter is one of the few companies that has truly changed the world. Twitter’s astonishing growth is a testament to how important it is becoming to more people every day, and why we couldn’t pass up the chance to be a bigger part of its future.”

by Marc Van Steyvoort, Guest Author, http://www.mediaconversations.be/

Tuesday, August 02, 2011

The Cloud Car

The app landscape is getting a new playground: the car industry.
More and more car brands are launching apps to become social (BMW, Toyota, Ford ...), mainly driven by alternate modes of transportation that customers are looking at. Connectivity, convergence and media should keep the customers happy and in the car. On short-term opportunities apps in mobile phones with car control, entertainment and communication systems are the most logical market, where after years of security and system trials, the roll-out has started :
BMW has invested $100 million in BMW iVentures, where the first investment is a startup called MyCityWay. Other connected car projects, like Toyota Friends and Ford’s American Journey are ongoing. Long-term opportunities for car brands will have a stronger impact on the mobility topic in general, as also the connected trains are moving forward with several new projects in 2011-2012, where they all try to keep us on the move, happy and connected.

by Marc Van Steyvoort, Guest Author http://www.mediaconversations.be/