News bulletins

Alcatel-Lucent  announced that Robin Dargue has been appointed Executive Vice-President of Business and Information Technology Transformation, effective July 21. Based in the company's Paris headquarters, Robin will report to CEO Ben Verwaayen and will be a member of the company's management committee.

In this newly-created position, Dargue will be responsible for accelerating the company's transformation through transforming IS/IT and the enterprise architecture, while coordinating the execution of key corporate transformation programs.Read more

 Fifty years after the discovery of the laser, scientists in Cambridge have invented a novel type of light source, which they say could revolutionize data processing, communications and storage applications.  The Entangled Light Emitting Diode, which is the result of collaboration between Toshiba Research Europe Limited and the Cavendish Laboratory of the University of Cambridge, was reported  in the scientific journal Nature on June 3.
 Read more

 MediSapiens, a software company for personalized cancer medicine in oncology clinics and drug development, completed a $ 1 million (€ 0.8 million) seed round investment from Veraventure, ETFIII advised by Eqvitec Partners, VTT Ventures and Lifeline Ventures on June 1.
Read more

Wyplay, the developer of a high-definition media center, announced May 18 that it has closed a €9 million Series C Round. The funding round was led by Amundi Private Equity Funds, with existing investors Sofinnova Partners, A Plus Finance and Elaïa Partners participating.Read more

French biotech company Neovacs said March 19 that it will attempt to raise €20 million ($27.3 million) on the Alternext Exchange of NYSE Euronext in Paris. The developer will offer 3.9 million new shares from a capital increase or 27.46 percent of its capital, and will price the shares between €5.2 and €6.0 per share.Read more

 Some 74 days after launch Google's Nexus One Android device seems to have sold only 135,000 units, which pales compared to the 1 million achieved by the iPhone and the 1.05 million over the same period achieved by the Motorola Flurry, Nomura global technology specialist Richard Windsor wrote in a March 17 research note. Read more

 World Wide Web Foundation, a nonprofit organization, announced March 17 that Vodafone Group will donate $1 million toward projects that will train entrepreneurs in Africa to leverage the Web as a platform for delivering locally relevant content, applications and services. Some of the funding will also go to research what needs to be done to make the Web more accessible and valuable to people in developing economies.
 Read more

Orange and Netvibes  announced March 4 a partnership to bring a collection of mobile widgets to all types of mobile phone user across an extensive range of handsets. Netvibes' catalogue of nearly 200,000 real-time widgets will be available on Orange widgets, a service featuring on 80% of handsets shipped by Orange. It will also be available on djinngo mobile, an Orange service open to any mobile phone user in the world. Mobile widgets will also shortly be available to Orange customers in the recently launched Orange Application Shop.
 Read more

Chinese telecom equipment manufacturer Huawei has joined the GreenTouch consortium, an industry group which aims to make communications networks 1000 times more energy efficient than they are today.Read more

 Mobile payment provider BOKU,  announced January 19 that it has raised $25 million in series C capital led by DAG Ventures,  with continued participation from Benchmark Capital, Index Ventures and Khosla Ventures.Read more