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Google buys UK start-up DeepMind

2014-01-27 07:18:55| BBC News | Business | UK Edition

Google buys UK start-up DeepMind for a reported $400m (242m), making the artificial intelligence firm its largest European acquisition so far.

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Telefonica, Orange back EC tech and startup initiatives

2014-01-23 13:13:00| Telecompaper Headlines

(Telecompaper) The European Commission has announced two initiatives aimed at nurturing Europe's tech and digital startups into global internet companies and at the same time tackling the continent's unemployment problem. Telefonica and Orange are among the leading ICT companies, universities and financial institutions that have joined forces with the EC in setting up the projects: a new accelerator called the Startup Europe Partnership and a think tank called the European Digital Forum. The Startup Europe Partnership is an extension of the EC's Startup Europe initiative and will be led by the non-profit Mind the Bridge Foundation and Nesta, the UK's innovation foundation. The goal is to bring together the leading lights of Europe's entrepreneur and innovation industries, offering the opportunity for large corporations, startups and universities to connect and build networks. The European Digital Forum, meanwhile, is a digital economy think tank that will be led by The Lisbon Council in collaboration with Nesta. The idea behind the Forum is to give corporations, startups and other relevant players a voice in policy debates. Ultimately, it aims to become Europe's leading think tank and policy network on digital entrepreneurship.

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Security startup Impermium joining Google

2014-01-16 13:51:09| InfoWorld: Top News

Security company Impermium has joined Google to help boost the Internet giant's already considerable expertise in countering spam and abuse. Impermium's CEO and cofounder Mark Risher said in a post Wednesday on the startup's website that Impermium was joining Google. "By joining Google, our team will merge with some of the best abuse fighters in the world," he wrote.

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The Daily Startup: Siluria, Braskem Partner for Natural-Gas Conversion

2014-01-15 17:52:31| Chemicals - Topix.net

Siluria Technologies Inc. has signed deals with petrochemical company Braskem SA that will help the startup progress toward its goal of converting natural gas into chemicals and fuels at scale.

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Facebook Acquires Social Media Startup Branch

2014-01-13 22:34:09| PC Magazine Software Product Guide

Facebook is branching out—pun intended—with its recent acquisition of social networking startup Branch Media.

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