News Byte

BuddyBet Raises $3 Million to Work on Real-Money Online Social Gaming

BuddyBet, a London-based startup launched late last year, announced Tuesday that it had secured $3 million in venture capital. The company allows online players to bet against one another on sports or games via the official BuddyBet website or through customized versions of apps using BuddyBet’s payments platform.

Yahoo Paid $30 Million in Cash for 18 Months of Young Summly Entrepreneur’s Time

For the PR boost alone, it might be worth it.
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U.K. Regulator Is Looking Into Autonomy’s Pre-HP Books

What’s in those books?
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Special Projects Head Shakil Khan Moves on From Path

Two roads diverged in a digital wood …
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The LeWeb Conference Sold to Reed Midem

The European conference gets a new owner.
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News Byte

Facebook Exec Joanna Shields Departs for Economic Role in London

Joanna Shields, Facebook’s VP and managing director of the social network’s operations in Europe, Middle East and Africa, has left the company to become CEO of Tech City Investment Organisation, a high-tech economic development group in London, the Telegraph reports. Prior to joining Facebook in 2010, as CEO of Bebo Shields assisted its sale to AOL. “Joanna has been a tremendous contributor to our EMEA organization and her leadership and passion will be missed,” a Facebook spokesperson told AllThingsD.

Exclusive: Synacor to Offer TV Everywhere Authentication Via Social IDs

Debugging a “TV Everywhere” hassle.
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