Online music streaming service Spotify said on Wednesday its global paid subscriber base had swelled to 10 million as speculation mounts the Swedish start-up could be gunning for a share listing.
Europe
Google takes steps to comply with EU's 'right to be forgotten' ruling
Google has taken the first steps to meet a European ruling that citizens can have objectionable links removed from Internet search results, a ruling that pleased privacy campaigners but raised fears that the right can be abused to hide negative information.
Siemens in talks to sell stake in household goods venture to Bosch - sources
German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday.
Luxury online shop Mytheresa up for sale: sources
The owners of German online retailer Mytheresa, specializing in luxury fashion and accessories, have mandated Goldman Sachs to find a buyer, three people familiar with the matter told Reuters.
EU drive to create its own Silicon Valley finds doubters
Europe needs to sort out its fragmented telecoms market and regulatory imbalances if it is to spur a new generation of technology start-ups and create its own version of America's Silicon Valley.
Latest News
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the opening of our new office in Frankfurt, Germany. The new location strengthens Woodbridge's presence in Europe, allowing the firm to provide a full range of cross-border investment banking services to German companies seeking divestitures, acquisitions and joint ventures.
Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.
Sony Music Entertainment, a unit of Sony Corp, has invested $3 million in music-recognition application maker Shazam Entertainment, a source familiar with the matter said.
France-based, Bunkr, a free video presentation creator, raised $1.4 (€1 million) today from sole investor Idinvest Partners.
Adform, (www.adform.com), the premier ad tech partner for media agencies, trading desks, advertisers and publishers in Europe, today announced it has raised $5.5 million in a Series B funding round from new Via Venture Partners.
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS
Marks & Spencer Plc is making a new push to expand abroad, hoping e-commerce will give Britain's biggest clothing retailer a better chance to succeed than earlier attempts to enter new markets.
We've been examining secondary market demand for certain private equity and venture capital funds - so far we've explored the most sought after U.S. buyout funds and venture capital funds.
The collapse of the $35 billion merger of New York-based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.
