SupersonicAds gets £2.6m funding boost for in-game ads

SupersonicAds, an in-game advertising platform using virtual currency, is announcing its first institutional funding round of $4.2 million (£2.6M) led by Greylock Partners. Through integration with the Facebook Platform, SupersonicAds provides both brand engagement...

Groupon’s first car deal stalls- report

Groupon’s first foray into the auto industry has met slow demand, as shoppers proved more wary of snapping up bargains for expensive items, according to a new report. Last week, the group-buying firm offered shoppers a $500 discount at a US car dealership, for just...

UK accounts for 11% of Google’s revenue

The UK accounts for 11% of all of Google’s revenue, according to the internet giant’s latest results. The US-based company revealed its quarterly earnings last week at its developer conference, Google I/O 2011. Revenue from the UK added up to $976m, representing...

Web ad watchdog IASH to expand role in UK

The Internet Advertising Sales House (IASH) is to extend its role of policing online ad networks to cover more of the industry, including ad exchanges. The move will see IASH agree a new structure with defined roles for UK trade bodies IAB and ABC Internet Advertising...

Women’s World Cup breaks Twitter records

The Women’s World Cup final sparked a record breaking number of tweets per second on Twitter, it has been revealed. Twitterers were furiously tweeting score updates, player stats and live updates during both the Women’s World Cup Final between Japan and the USA...

Consumers want mobiles to connect to TVs and cars- survey

People are demanding more quality and connectivity from their mobile phones and other devices… and are ready to pay for it, according to new research. Amdocs, a provider of customer experience systems, has announced the results of a global study that provides...

Spotify goes live in the US

Spotify has launched in the US, marking the online music streaming service its first expansion outside of Europe. The US version will be an invite-only free ad-supported service, alongside a premium option charged at $4.99 (£3.09) per month edition which is free of...

Yellow Pages book to be phased out in online shake-up

Yell is to switch its core business online, phasing out its iconic ‘Yellow Pages’ directory within four years. The move will see Yell revamp as an online hub for local businesses, as consumers increasingly look to the web for information. Yell, which employs 2,900...

Facebook cost-per-click ads up 22%

Demand for Facebook’s cost-per-click (CPC) ad format increased by 22 percent in the second quarter of 2011, according to new research. The Global Digital Marketing Performance Report from performance marketing company, Efficient Frontier and its subsidiary,...

1.5m UK jobs in online retail by 2015- IMRG

An estimated 1.5 million UK staff will work within the e-commerce industry within the next four years according to new research from IMRG and eDigitalResearch. The second annual IMRG e-Jobs Index shows that 63% of online businesses increased staff levels over the past...

Google debuts ‘What Do You Love’ search tool

Google has launched a tool that searches the internet for blogs, pictures, videos, and more based on the answer to the question “What do you love?” The new site, at wdyl.com, features a query box for answers to that question and a blue button icon with a...

Murdoch drops bid for BSkyB: Will he now target digital?

Rupert Murdoch’s News Corp. has withdrawn its bid to take over British satellite broadcaster BSkyB, following pressure from politicians, the media and the public in light of the News of the World phone hacking scandal. The withdrawal of the bid is a setback for...

Mobile ad wars: Apple to slash iAd prices by 70%?

Apple has reportedly cut the price of the iAd rate card by 70% since its launch, as the company makes a second mark-down of its mobile ad format this year to attract advertisers. According to a report from Bloomberg, unnamed sources told the news agency that this...