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Microsoft buys Farecast for $115m

Microsoft has acquired Farecast, the Seattle-based online travel search start-up for a price tag estimated at $115m. Farecast is already a partner on MSN Travel, but the relatively high purchase price suggests that Microsoft has a broader interest in price prediction technology and also wants to ensure that it maintains momentum in the search space.

Reiko Uchida, 23 April 2008

isango! raises $8m in Series A funding

Spark Ventures plc and Beringea have invested in a US$8 million series A funding round for Isango! Limited, a London-based global online travel business focused on experience-led holidays and activities. More »

14 April 2008

Nokia makes big move into location-aware services

Nokia has put the turbulent times of 2001-2003 well behind it, emerging as the leader in mobile, with steady year-on-year revenue growth from 2003 to 2007, while sustaining margins around 13%-15%. With 40% market share and a market capitalisation of €85 bn, backed up by 2007 revenues of €51 bn... More »

16 November 2007