Slovak startup Datamolino gets €500K in seed funding from Slovak Innovations and Technologies Fund

Datamolino, a Slovak startup processes invoices and receipts without the need for manual data entry, has received €500,000 for its seed financing round from Slovak Innovations and Technologies Fund, TechCrunch reported.

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Vodafone in talks to purchase Spain’s ONO -Bloomberg

UK-based telecommunications firm Vodafone Group Plc is in talks to purchase Spain-based cable operator Grupo Corporativo ONO SA, according to unnamed sources cited by Bloomberg.

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EU launches tech startup accelerator and think tank to follow Silicon Valley's success

In a bid to match Silicon Valley's success, the European Commission (EC) launched the Startup Europe Partnership tech startup accelerator and the European Digital Forum think tank at the World Economic Forum in Davos.

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Spain's Telefonica denies involvement in joint offer for TIM Brasil

Spain's Telefonica said it was not thinking of making a joint bid for TIM Brasil, the Brazil-based wireless network operator of Telecom Italia, Reuters reported.

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Italian daily says Telefonica planning joint offer for TIM Participacoes- report

Italian newspaper Il Sole 24 Ore said Telefonica is planning a joint offer of TIM Brasil, the local wireless unit of Telecom Italia, Reuters reported.

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Telecom Italia shareholders reject bid for board's removal by a slim majority

Shareholders of Telecom Italia on Friday thwarted by a slim majority a proposal by rebel investor Marco Fossati to oust its board. Fossati, the third-largest shareholder in Telecom Italia, may consider pursuing a legal challenge.

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BlackRock raises stake in Telecom Italia to 10%

New York-based money manager BlackRock Inc. increased its stake in Telecom Italia to 10%, becoming its second-largest shareholder. This could potentially tip the balance at a shareholder meeting set to vote on the proposed ouster of Telecom Italia's board, according to a Reuters report.

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Telecom Italia rebel investor Marco Fossati opposes enforced sale of TIM Brasil

Telecom Italia's activist investor Marco Fossati campaigned against the enforced sale of TIM Brasil. Brazil's competition regulatory body ruled earlier this week that Telecom Italia must divest its stake in the Brazilian mobile carrier.

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Brazil regulator orders Telefonica to lessen influence in country's telecom business

The antitrust regulator of Brazil has instructed Telefonica to bring down its influence in the country's telecommunications business either by reducing its holdings or convincing Telecom Italia to sell its local unit.

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Telefonica open to Merger, Acquisition and Network sharing deals in Mexico

Spanish telecom group, Telefonica, announced on Thursday that it was open to talks about mergers, acquisitions and deals to share its networks in Mexico in order to streamline its operations.

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Telecom Italia to gain EUR4 billion from Telecom Argentina exit

Telecom Italia, the largest telecommunications company in Italy, will be selling its controlling stake in Buenos Aires-based Telecom Argentina to investment firm Fintech for EUR4 billion.

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Telefonica turns over control of Czech unit for EUR2.47 billion

Spanish telecommunications firm Telefonica said it had sold a 65.9% interest in its Czech unit to investment group PPF.

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PPF in discussions to acquire Telefonica's Czech unit

PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.

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Telefonica prepares for stake sale of Czech Republic unit- sources

Sources told Bloomberg that Telefonica was preparing to sell the 69% stake it holds in Telefonica Czech Republic.

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Telefonica increases stake in Telco to control Telecom Italia

Telefonica seeks to retain control over Telecom Italia through buyout of venture partners in Telco.

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