Law to Lower Roaming Charges the Fastest Approved in EU
Posted by PCWorld
A new law to lower the price of mobile phone roaming was approved on Wednesday, making it the fastest piece of legislation to be passed by European Union institutions.
Ministers from the E.U. member states gave the rule the green light following a positive vote by the European Parliament three weeks ago.
The roaming regulation, which was first proposed in July 2011, places caps on mobile data-roaming rates from July 1. Under the new rules, the cost of a call will be no more than €0.29 (US$0.43) per minute to make and €0.08 per minute to receive. After July 2014, this will drop to €0.19 to call and €0.05 to receive. The cost of a text message between E.U. countries wil[...]
Continue ReadingMinisters from the E.U. member states gave the rule the green light following a positive vote by the European Parliament three weeks ago.
The roaming regulation, which was first proposed in July 2011, places caps on mobile data-roaming rates from July 1. Under the new rules, the cost of a call will be no more than €0.29 (US$0.43) per minute to make and €0.08 per minute to receive. After July 2014, this will drop to €0.19 to call and €0.05 to receive. The cost of a text message between E.U. countries wil[...]
Southeast Meetup Reminders: Savannah, Raleigh, And Charlotte Are Set, Atlanta Not Iffy [UPDATE!]
Posted by TechCrunch
If you’ve been keeping up at all, you should know that we’re planning a tour of the Southeast during the second week of July. We’re hitting all the hottest spots, including Savannah, Atlanta, Raleigh, and Charlotte (in that order), but we seem to be hitting a tiny bump in the south-bound road.
As much as I’d love to hit up Mr. Armstrong for carte blanche on this whole shindig, we like to give you fine people as much control over the networking event as possible, including the venue, the alcohol, the food, and the friends you’ll bring along. It is, after all, for you. That said, we are still looking for sponsors, most desperately in the ATL.
We’re also stil[...]
Continue ReadingAs much as I’d love to hit up Mr. Armstrong for carte blanche on this whole shindig, we like to give you fine people as much control over the networking event as possible, including the venue, the alcohol, the food, and the friends you’ll bring along. It is, after all, for you. That said, we are still looking for sponsors, most desperately in the ATL.
We’re also stil[...]
Here’s Johnny! SkySQL Raises Another $2.5M To Give Oracle Nightmares
Posted by TechCrunch
SkySQL plans to be something of a thorn in Oracle’s side. As you’ll recall MySQL, which as a free database platform annoyed Oracle, was sold to Sun and then Oracle bought Sun. That was supposed to keep a lid on things. Now with MySQL under its wing, Oracle plans to move those MySQL users over to Oracle databases in due course. But it can’t push things too hard due to EU competition rules in place for the next five years. So guess what? That gives SkySQL – backed previously by the former founders of MySQL – a window to come back and start re-supporting all those dedicated die-hard Sun/MySQL fans. They’re baaack…..
And to do it they’ve raised an additi[...]
Continue ReadingAnd to do it they’ve raised an additi[...]
Sequoia Capital raising around $1B for new funds — that’s one Instagram
Posted by VentureBeat
Sequoia Capital, a Silicon Valley venture firm, is raising new money for a number of different funds in the U.S. and China, that in aggregate would be around $1 billion.
Fortune is reporting these new funds may be used for a China-focused fund, growth equity for later stage companies, and traditional investing. The company closed its last round at the end of 2011 for its U.S. Growth Equity Fund V. The firm also raised around $1.3 billion for a number of similar funds in 2010.
The life of a venture capital fund generally lasts around 10 years. The first three to four years are spent investing the money, with reserves being paid out to those portfolio companies over the remaining years. A firm[...]
Continue ReadingFortune is reporting these new funds may be used for a China-focused fund, growth equity for later stage companies, and traditional investing. The company closed its last round at the end of 2011 for its U.S. Growth Equity Fund V. The firm also raised around $1.3 billion for a number of similar funds in 2010.
The life of a venture capital fund generally lasts around 10 years. The first three to four years are spent investing the money, with reserves being paid out to those portfolio companies over the remaining years. A firm[...]
Five tips for mastering the art of VC speed dating
Posted by VentureBeat
Is finding funding really all that different from finding love?I recently had the opportunity to attend VC in the OC at the Hyatt Regency in Huntington Beach. This one-day event featured a mix of panels and keynote speakers, culminating [...]
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