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Mayor of London Boosting City’s Technology Startups with $33 Million in Funding

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Technology startups are getting a boost in London – the city’s Mayor, Boris Johnson, has announced new funding for companies that are based in the city. The $33.6 million venture capital, MMC London Fund,  is partially funded by $11 million of public money which will be matched by private investment.

London’s small to medium companies are a vital component of this city’s economy, supporting significant numbers of jobs. It is a top priority for me that these entrepreneurial enterprises receive practical support to thrive and grow, not least as many have the potential to become major employers in the future. This innovative equity fund is using public and private money in order to offer much needed financing when more traditional routes are not available.

The new $11 million will be targeting London based businesses, especially in areas like deprived East London – marketed by London as Tech City in order to grow the existing organic tech scene.

Via TechCrunch

Social Media Newsfeed: Presidential Debate | LinkedIn Profiles | Twitter Buy

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Debate Sparks #BindersFullofWomen Meme (NBC Chicago)
It was Katherine Fenton, the fourth undecided voter to raise a question at Tuesday night’s town hall-style presidential debate at New York’s Hofstra University, who provided the spark for the latest social media meme of the election season — Binders Full of Women. In response to Fenton’s query about what each candidate would do to rectify inequalities in the workplace, “specifically regarding females making only 72 percent of what their male counterparts earn,” Gov. Mitt Romney recalled his success in increasing gender diversity in his Massachusetts cabinet. USA Today #BindersFullofWomen became a trending topic on Twitter, with a parade of Twitter users making fun of the comment. Also trending was #binders. The Twitter account @Romney’sbinder attracted more than 4,500 followers. Mashable Tweet-wise, the second presidential debate made less of an impact than its Denver predecessor. Throughout the 90-minute showdown, 7.2 million tweets were sent, compared with Denver’s 10.3 million. Twitter Blog Moments that led to the highest amounts of conversation on Twitter were: an audience question to Romney on immigration (109,560 tweets per minute); President Barack Obama’s comment to Romney: “You’re the last person to get tough on China” (108,619 tweets per minute); and Romney’s response to tax rates question (107,386 tweets per minute). The New York Times/The Caucus Social media services like Twitter are often hailed for their ability to rapidly deliver the latest news and opinions to users. But while the networks make a wealth of information available to anyone with a smartphone or a computer, users do not consider all sources of information on a level playing field. AllFacebook Facebook’s political action committee, fbPAC, continued to hit its like button more for Republicans than Democrats in 2012, as CNNMoney reported that GOP politicians raked in $140,000 from the social network through September, compared with $127,000 for Democrats. However, when it comes to individual Facebook employee contributions, Democrats took in $116,300, more than double the GOP haul of $53,700, according to CNNMoney. Read more

The London 2012 Socialympics [Infographic]

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Twitter hashtags, YouTube clips, live blogs and Facebook groups – there’s no doubt that this is one of the most connected Olympics in history, and one infographic creator has deemed it the “Socialympics”. While the name may not catch on, the idea is pretty sound, and the new infographic from SEO highlights some of the staggering numbers of online fans and followers that are engaging with the Olympics this year.

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Wanderfly Partners With People.com To Bring You The London “Hot Spots” For Olympic-Goers

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Travel recommendation platform Wanderfly has partnered with People.com to name the London “Hot Spots” for the 2012 Olympic summer games. The list, which includes everything from nightclubs and restaurants to tourist attractions and historical sites, will live on a special London Hot Spots page on People.com as well as a branded page on the Wanderfly site.

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YouTube To Open Free State Of The Art Production Facilities For Creators

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YouTube is inviting creators to leave their bedroom studios and come work in state of the art production studios. They are launching a collection of creator spaces, starting in the coming weeks in Google London’s Soho office, where YouTube creators will be able to book time to work with state-of-the-art equipment, collaborate with other YouTubers and more.

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