SMSGupShup.com, a service that helps users create mobile communities, has raised $10 million from Helion Venture Partners and Silicon Valley venture firm Charles River Ventures. Both the VC funds are putting in $5 million each in the company, according to to VC Circle. Owned by Webaroo Technology (India) Pvt Ltd, which had earlier raised $1.5 Million [...]

According to a recent research by eMarketer, physical music spending is down as online and mobile formats gain momentum. eMarketer estimates that online and mobile will grab about 40% of the total music spend in 2009. As Venture Beat notes: The most striking fact is the prediction that by 2011, the majority of music sales, 56.5 percent, [...]

Defined by Wikipedia as the criminal practice of using social engineering and Voice over IP (VoIP) to gain access to private personal and financial information from the public for the purpose of financial reward, vishing (a combination of “voice” and phishing), is the latest threat to hit the mobile phone users, and India, adding almost [...]

Bennett Coleman & Company Ltd (BCCL), which boasts of the Times of India as its flagship brand, has picked up a stake in First Altus Resources and Networks Private Ltd, the owners of Taxshax.com, an online income tax return filing company reports VCCircle. As usual, they pick up stakes in exchange for ad and [...]

Google has released a Google Talk client for the iPhone and iPod Touch browsers that allows instant messaging as long as the browser is open. Since it runs off the browser, Safari in this case, it means the user does not have to download or install anything, but it also means that navigating away to [...]

According to figures released by Telecom Regulatory Authority of India, the number of broadband connections in the country has grown by 69 per cent at 4.15 million in May 2008, as compared to 2.46 million recorded a year ago. TRAI defines broadband as internet speed equal or greater than 256 Kbps download. [Via] It will still [...]

In yet another attempt to thwart Google, and add to its miniscule search market share, Microsoft has announced that it would be buying Powerset - a firm which specializes in interpreting the intent of people’s Internet searches instead of matching specific words they use. Powerset’s natural language processing technology, licensed from PARC and developed further, would [...]

Mumbai-based Ideacts Innovations, a cyber cafe based advertising platform has recieved $5 million funding from Sequoia Capital India says VCCircle. Hoping to ride on the growth of the Cyber Cafe market, estimated at 8% annually, Ideacts has developed a desktop application called CLINCK that offers a desktop interface for the cybercafe user, providing shortcuts to internet [...]

In its first round of funding, Ozone Media has reportedly raised $4 Million from IDG Ventures - a $150 million early stage technology venture capital fund. Ozone Media intends to use the fund in increasing the number of its partner websites and strengthening its marketing strategy, according to Business Standard. Ozone has over 100 network websites as [...]

The Journal of Virtual Worlds Research is an online, open access academic journal that adheres to the highest standards of peer review and engages established and emerging scholars from anywhere in the world. The Journal of Virtual Worlds Research is a transdisciplinary journal that engages a wide spectrum of scholarship and welcomes contributions from the [...]