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July 01 2011

21:14

US antitrust laws - Twitter investigated over dealings with apps firms including UberMedia

Guardian :: Twitter is being investigated by US regulators over its dealings with third-party companies including UberMedia, the firm behind popular BlackBerry and iPhone apps. The Federal Trade Commission, or FTC, is investigation whether Twitter's business relationships with other companies comply with US antitrust laws.

Continue to read Josh Halliday, www.guardian.co.uk

June 02 2011

19:42

UberMedia announces $5.6 Million investment from Burda Digital

Business Wire :: UberMedia the largest independent provider of applications for reading and posting to Twitter and other social media platforms, announced today that Burda Digital through DLD Ventures has invested $5.6 million into the company in a new round of financing. Burda Digital is one of the leading European Internet companies with investments in over 50 digital media companies in Germany, Europe and overseas with revenues of over $900 million, including Tomorrow FOCUS AG, Xing AG, Etsy and Glam Inc. DLD Ventures is the international investment arm of Burda Digital. The investment will be used to further the growth of UberMedia’s user base both in the U.S. and internationally.

Continue to read www.businesswire.com

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