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IVP Fund Invests In China’s Largest Mobile SNS

Logo of tx.com.cn

Infinity Ventures LLP[J], a Tokyo-based independent venture capital unit investing in tech start-up companies, announced today it had invested approximately USD2.1M (JPY200M) in WAPTX (registered in Cayman Islands) running China’s largest mobile SNS called tx.com.cn(天下网)[C] (pronounced as tiān-xià-wǎng).

The service owns 9 million users as of July 2009, and Tokyo-based mobile SNS company DeNA announced last month it would take 50.48% of the entire shares of WAPTX.

IVP Fund was fundraised by the CEOs of mobile service start-up ventures in Japan and Mainland China.

tx.com.cn Screen Shot

Unidentified “Floating” Objects Are Introduced In Osaka This Summer

Logo of NTT Facilities

In commemorating the series of water-oriented events which are now underway in Osaka, NTT Facilities, a property management company of NTT Group, developed two solar-powered and UFO-shaped water purifiers, which are to be installed in Dotonbori[Wikipedia]-canal running through the center of the city, and in a moat around the Osaka Castle.

That machine is a spin-off of the company’s under-developing new business of constructing large-sized solar power plants.   It has a capacity of purifying 9,000 lit. (approx. 2,370 gal.) a day, and the purified water is fountained from the top of the machine in order to keep its surface clean and to keep solar panels cool to maintain energy conversion efficiency.

Solar UFO Pictures

Via the Asahi Shimbun[J]

Mixi ex-CTO Helps Singaporean Mobile Startup Xsago

batara-eto1

Batara Eto, who suggested to make a Japanese social network to his boss in late 2003 and programmed Japan’s biggest social network Mixi, let the company (E-mercury) to change their primary business and rename (to “Mixi”, of course) with the huge success, then left his CTO job in 2007 [J], is reported to invest to Xsago, Singapore-based mobile application company. He also assumes a post as Technical Advisor .

xsago-logo

Known by his success story with Mixi and his advocacy for open source, he was rumoured to run his own small tech start-up to develop something, which was recently disclosed as a new online photo sharing site Ficia, which is under private beta. I tried Ficia and it seems to aim better photo sharing experience, such like what Gmail did against Hotmail to Flickr, by using plenty of latest web technology. Let’s hope Ficia is not fishy :-)

ficia_white

Xsago’s mobile application Foyage is explained as a location based utility tool to give you shop information around you, currently covers Singapore and Indonesia, where Eto originally came from.

(Hat tip to beeant)

See Also:

Batara Eto’s interview when he led Mixi development [J]

Interview about his new start-up Etolabo and its first service Ficia [J]

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