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Online food delivery service Just Eat set for £100m IPO in London as company eyes collections market

Mar17
by on March 17, 2014 at 12:02 pm
Posted In: Around the Web, Insider, UK

Just Eat, the online food ordering and delivery service, is preparing to go public in London, according to the Financial Times. According to the report, the IPO will look to raise up to £100 million (around $166 million), which would value the company at between £700 million and £900 million. A spokesperson for the company confirmed the deal to TNW, and added that the move is designed to facilitate an expansion of services to formalize its collection service – a shift that would allow considerably more restaurants to be listed on the service. Currently, collection orders are supported, but only…

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Offline over the weekend? Read all the tech news you missed right here

Mar17
by on March 17, 2014 at 10:07 am
Posted In: Around the Web, Insider, Roundups

Coffee
Keeping up to date with all the comings and goings in the tech world over the weekend can be tricky if you’ve got other things you need to be doing. But that’s exactly why we’re here, keeping track of all the tech news so you don’t have to. So, put on a coffee, switch your phone to silent and catch up on everything you missed from the last two days. Go ahead, we won’t tell anyone. News from the weekend at The Next Web: China’s Xiaomi Brings MIUI Firmware to Nexus 7 Tablet Chinese E-Commerce Giant Alibaba Filing for US…

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Dorian Nakamoto officially denies that he created Bitcoin, says he first heard of it last month

Mar17
by on March 17, 2014 at 8:05 am
Posted In: Around the Web, bitcoin, Insider

A Newsweek article earlier this month claimed to have found the mystery man behind the crypto-currency Bitcoin. However, that very man, Dorian Nakamoto, has now hired a lawyer to unconditionally deny that he’s involved in Bitcoin. In a statement sent to Reuters blogger Felix Salmon via Ethan Kirschner, Dorian Nakamoto’s lawyer in Los Angeles, Nakamoto calls the Newsweek report “false” and says the first time he heard the word ‘Bitcoin’ was in February this year. He says that his Internet service has already been cut off in 2013 due to “severe financial distress” and adds that his prospects for employment have…

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China’s Xiaomi takes the wraps off the Redmi Note, a 5.5-inch version of its budget smartphone

Mar17
by on March 17, 2014 at 7:04 am
Posted In: Around the Web, Asia, Gadgets, Product Launches, redmi

Redmi-1
Popular Chinese smartphone manufacturer Xiaomi has taken the wraps off its next upcoming product — the Redmi Note. Previously, signs pointed to a second generation of its budget Android smartphone, the Redmi (previously known as the Hongmi in China), being released in April. However, Xiaomi has now unveiled the device as the Redmi Note on its Sina Weibo official account – with pre-orders taking place on Wednesday in collaboration with Qzone, a social networking website operated by Tencent, while it will be officially launching on March 26. As per previous rumors, the Redmi Note has a 5.5-inch HD display and is powered by an MTK6592 octa-core…

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