Takeover bid over Portugal’s main telecom fails
The ongoing saga of the hostile takeover of PT (Portugal Telecom) by Sonae is finally over. In a meeting, the main PT stockholders voted against the takeover, and trusted the current board of directors with the mission to further expand the company, specially in the South American markets. At the same time, PT Multimedia, the […]
French internetpreneur Simoncini says,"Don't start web businesses in France"
According to Meetic’s Marc Simoncini, France is definitely not the place to start a web business – the US or London are much better locations, he says, and only China is more complex than France. Simoncini was speaking during the opening keynote of AdTech’s European roll-out in Paris – to be followed shortly by Hamburg in May.
"10 years of internet growth ahead," says ShopWiki's Kevin P. Ryan, AdTech Paris
“The easy money in keyword advertising is gone,” says Ryan, but there are “Clearly 10 years of growth ahead for the internet” and no “The bubble is not back!” he says. Gone are the days when the biggest question he faced was “When will you start to make money” Now he believes the internet is “under-hyped” simply because the typical US exit route for founders is by acquisition rather than IPO. This lack of IPOs gives the sector less publicity oxygen than it deserves. “Whether it’s e-commerce, advertising or publishing, the web is working very well!” he states confidently.
Iceland takes on the role as world's data storage leader
With the completion of a second undersea cable between Iceland and the UK scheduled for 2008 the country will add yet another reason to the long list of why it is being considered one of the best places in the world for high-security data storage. Iceland is not only a peaceful country but also rich on energy, space and technology knowledge. Not forgetting the stable economic environment.