Rovio laying off 16% of workforce

Rovio, once the metaphor for the new Finnish jobs sector, isn't itself immune to layoffs. In an announcement today Rovio says that they're moving towards a more "simplified organization" and plan to cut 16% of their workforce, affecting 130 employees.

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Writing a Press Release in 2014: Five Tips

Editor's note: This is a sponsored post put together with PR Newswire.

Not too long ago PR professionals were the gatekeepers to writing a good press release and getting it distributed, but today that’s no longer the case; anyone can craft a press release target it wherever you like using press release distribution services like PR Newswire.

What’s more difficult, however, is getting the right people to read and react to your company’s news.

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Dublin Web Summit just around the corner: Here's what you need to know


You've seen the ads on Facebook. You've heard the buzz from startup friends who've been there before. And with Dublin Web Summit right around the corner, here's everything you need to know to finally pull the trigger and get over to Ireland between November 4th and 6th. As an added bonus we've got two tickets to raffle away, so read through the article to find out more.

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VersoVentures carves out spinoffs with new €50 Million fund


A company comes down to resources, processes, and priorities (RPP), so what should larger companies do with the parts of your company that are creating value to someone, but don't fit directly into your framework?

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Iconfinder sees good traction on pro features

Danish startup Iconfinder works towards being the go-to place for icons with the world’s largest collection of premium icons. Now Iconfinder takes it to a new level, introduced subscription plans called Iconfinder Pro.

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Finland's Ubisecure acquired by GMO Globalsign for IoT Identity

In tech acquisition news, Finland-based Identity and Access Management (IAM) specialist Ubisecure announces today it has been acquired by GMO Globalsign, one of the world’s largest publicly-trusted certificate authorities. The acquisition price was not disclosed.

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Weekdone: You're probably wasting 3.8 hours a week on unproductive meetings

Regular team meetings have grown to become a standard part of many companies’ weekly schedule; and even more so when it comes to startups. Most of us have all been there: sitting around a meeting room table, discussing new objectives for the upcoming week, delegating tasks and making decisions (hopefully) together.


Well, at least that’s what meetings ideally should be like. In reality, however, according to Estonian employee progress report connoisseur Weekdone, there’s a good chance your meetings aren't that well organized after all.

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Last Call for EIT ICT Labs' Idea Challenge


Today is the last chance for European startups to apply for the EIT ICT Labs’ Idea Challenge. If you’re an entrepreneur with dreams of making it then I hope you are ready to apply for the pitching competition. There’s a total of 320,000€ in prize money on offer across four categories, along with other benefits including office space and expert coaching. If you haven't heard of it yet, then you'll need to read quickly to find out more.

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As homes get smarter, home security needs an update

Norway's Viva Labs has been pushing a whitelabel Smarthome experience for a few months now with all the fun stuff, such as a NEST-like thermostat that learns from how you use it, and smart plugs that recognize that you've left the house - helping you make sure you don't leave that coffee maker on.

But according to Viva Labs CEO Henrik Holen the energy effeciency and smart control are only two parts of the equation: safety and home security might be one of the more important things in a smart home that we haven't seen many companies work on.

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Building an API? Get yourself to The Platform Summit

Think about all the buzzwords driving this and the next generation of tech, like wearables, cloud computing, and the Internet of Things. Business value is driven by new types of communication, which should be built on the foundation of a good API strategy.

In order to foster these best practices, we're pretty lucky up in Northern Europe to have one of the few conferences devoted to APIs, dubbed The Platform Summit and hosted by the same folks behind the regional NordicAPIs events. “The event is taking place in Stockholm on October 21 and 22nd, Lustikulla Konferens & Event center with workshops being held on October 20th.”.

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IoT startup Cozify rounds €1 million for R&D and Official Launch Date

Espoo based IoT startup Cozify has been busily (and successfully) rounding up cash for its product research & development; pilot projects; and first official launch, which the company says will happen in the not-too-distant future.

In the course of roughly a year, Cozify says it has amassed over €1 million from three main sponsors: Tekes, the company’s employees and a private family business (not disclosed).

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Autobutler joins up with eBay


eBay launches the eBay Motors Werkstattportal in Germany in cooperation with startup Autobutler, who has specialized in online comparisons of garages Denmark and expanded to Germany, Sweden, and UK. The portal enables users to obtain quotes for car repair and maintenance and combines price comparisons with extensive information about the garages – creating transparency in the garage market.

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Vividworks grabs €1.3 Million with virtual furniture sales tool


Helsinki is known for technology and design furniture, so it's natural that we'd see some companies coming out of that mix. With now some cash to make some noise, today Vividworks announces it has raised €1.3 million in a round led by Helsinki-based Vendep with Finnvera and a group of private investors also adding to the round.

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Bitcoin heats up: Coinify raises money and goes on shopping spree


With Coinbase coming to town, the bitcoin wars are heating up in Europe. Denmark's Coinify announces today that they've received a "multi-million" capital injection by SEED Capital to help position them as the leading player in Europe, and announce some acquisitions that will help them do so.

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Denmark's Opbeat comes out of Beta


One of the more promising developer tools coming out of the region, Opbeat, has come out of beta with their official launch party kicking off tomorrow in San Francisco. The Copenhagen-based team is solving one of the problems growing companies face - how to manage and stay better informed about the operations side of development, without having to build internal tools to do so.

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Denmark's Easysize.me wins European-wide Lady Pitch Night

With a spotlight on Europe's up-and-coming female-led startups, the five finalists and the winner have been announced to the Lady Pitch Night, the biggest pan-European competition for female-founded startups.

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Infogram fleshes out product with team tools


Infogram is squarely in the B2B space with their interactive infographic tool used by media houses and nonprofits like The Huffington Post, Al Jazeera, Amnesty International, and others. But today they announced a new feature that starts looking more like a B2B product and less of a tool for a lonely blogger - Infogram for teams.

The tool is only available for their Pro and White Label plans, but the general idea is that they give users the access to shared themes and a shared history of created infographics and visualization, making cooperation and creation more productive.

"The idea for Infogr.am was born in a newsroom, and newsrooms are nothing without team environments," says Infogr.am co-founder and CEO Uldis Leiterts. "And we're seeing Infogr.am's infographics being created by teams in all kinds of organizations - media, business corporations, NGOs and education. We want to serve large organizations better, and Infogr.am For Teams is a big step in this direction."

This past spring Infogram raised €1.34 million in funding and more recently has hired Mikko Jarvenpaa as COO.

Today over 1 million infographics have been created through their platform,

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What makes a good incubator? UBI Ranks the world's university-associated programs

What makes a good incubator? I can think of some qualitative things, like the type of people you surround yourself with, but I'm glad someone is crunching the numbers out there. Stockholm-based UBI Index has put out a new ranking of accelerators around the world, with Sweden's Stiftelsen Chalmers Innovation making the list from the region. A the top list of University-associated incubators can be found in the infographic at the end of the article.

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Ztory raises funding from Wellington and D-Ax


Sweden nailed a subscription service for music, but can it do the same for books? Ztory, the subscription service for digital publications, has announced it has raised funding from D-Ax and Wellington Partners. There are a few "Spotify for books" contenders out there, with Amazon.com even getting in the mix these days, but Ztory is focused more on visual content such as magazines, bookazines, visual facts and even children's books.

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Top European Startup Events for the Rest of 2014


At ArcticStartup we love events, heck, we even have a bunch of our own: ArcticEvenings for networking, Reverse Pitching to bring large corporations and startups together, and the jewel of springtime, Arctic15 in the end of May. But before 2015 arrives, let’s have a look at what else is out there and which bigger events especially interests us for the remaining of 2014.

Going to a conference you should plan well and have proper goals to achieve to maximize the effort. So check out our Battleplan article from last year and prepare yourself!

What's coming up:

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