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Business Focus >>

The new manufacturers The new manufacturers

A great British renaissance has been taking place. From Aberdeen to the West Country, the zing is back in manufacturing. It’s about time this spectacular story was told.

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Your cameraphone just got smarter

by Matthew Rock & Real Deals - Wednesday, 30th January 2008 -

Your cameraphone just got smarter

The world economy may be on its knees, but teenagers will still want to swap photos, music and idle chat. And that's great news for the UK's next potential technology giant, ShoZu.

Unless you've been living on Mars for the past few years, you may have noticed that young folk enjoy spending time on their computers or phones chatting, emailing, downloading music, posting pictures and blogging.

Until now, they've faced one irritating obstacle: they can't, generally, coordinate their various devices so that they can, say, post pictures to their blog via their mobile/ cameraphone. Instant integrated communication, off all devices, is the holy grail.

Enter ShoZu, the British start-up whose software may just make such mobile-social network linkage a reality. Today the London-based firm, which started in 2001, agreed a third-round funding deal with SEB Venture Capital that will put a further $12m into the company's coffers. The company’s existing backers Atlas Venture, Crescendo Ventures and TTP Ventures also participated in the financing.

Mark Bole, ShoZu's CEO, points out that global mobile penetration is now at 50 per cent – that's around 3.3 billion subscribers – just 26 years after the first cellular network was launched. By securing pre-installation agreements with handset manufacturers, ShoZu plans to be central to the next great phase of mobile phone usage.

The business is a classic modern technology tale: early-stage business with significant venture backing; already expanding globally, with offices in London, San Francisco, France, Spain and Italy; and tapping into the exploding phenomenon of "mass publishing". Bole previously held senior roles in Nokia and mobile solutions
provider Incomit.

It all sounds very Jack Bauer but, listening to Frank Kelcz of SEB, ShoZu could really be on to something: “Demand for mobile-to-web-enabling technology is being driven by a variety of factors, including the need to stay connected with online media like Flickr and Facebook on the go, and ShoZu has the opportunity as well as the initial market presence to dominate the space.”

ShoZu is definitely one to watch.

BUSINESS NEWS >>

Senior care franchise fills gap in market

By Catherine Woods - October 10, 2008 3:21pm GMT

Trevor Brocklebank and his wife, Sam, bought the UK franchise for alternative care business Home Instead Senior Care after struggling to find appropriate services for his ailing grandfather.

Stop press: Sir Alan Sugar's bought into Woolies

By Rebecca Burn-Callander - October 10, 2008 2:36pm GMT

Amstrad founder and Apprentice star Sir Alan Sugar today acquired a four per cent stake in the ailing Woolworths chain.

Testing is crucial for new social networking site

By Catherine Woods - October 10, 2008 12:34pm GMT

Social networking site Wigadoo.com wants to make it easier for friends to organise social events when there’s money involved – from holidays to hen parties.

Does the Lightning car have electric appeal?

By Kate Pritchard - October 10, 2008 11:46am GMT

It scorches from 0-60mph in less than four seconds, its batteries can be charged in ten minutes and you can imagine James Bond sitting behind the wheel. But will the über-stylish electric Lightning car ever make money?

The financial market today

By Rebecca Burn-Callander - October 10, 2008 10:47am GMT

Share prices tumble further. Brown calls for global support for failing banks. And Pesto thinks its only going to get worse.


BUSINESS COMMENT >>

Playing monopoly with Alistair Darling

By Rebecca Burn-Callander - October 10, 2008 5:11pm GMT

It's Friday afternoon and RB's eyes are bleeding from frantically watching the rise and tumble of the financial markets today. To give our peepers, and yours, a well deserved break from doom and gloom, check out today's funnies from NewsBiscuit.

Market crisis: the Real Business bargepole ten

By Stuart Rock - October 10, 2008 1:53pm GMT

The market crisis has some big losers.

Global financial crisis: what next?

By Catherine Woods - October 09, 2008 11:31am GMT

I received a text from an investment banker friend this morning who, it has to be said, is master of the understatement.

Interest rates: the reaction

By Catherine Woods - October 08, 2008 4:03pm GMT

Was today’s global interest rates cut “one of the big, pivotal moments for the economy”?

Why I love being British...

By Rebecca Burn-Callander - October 08, 2008 2:01pm GMT

The financial markets are in turmoil. It's the worst banking crisis since the 1930's. A cloud of doom hangs over our fair nation. But some people still have the balls to have a little joke about it all.


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