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Slovak firm PianoMedia will launch content-sharing subscription network based on unique valuation method -- time

Marcel Vass, CEO, eTarget

A Slovakian-based Internet advertising firm is seeking to gather Eastern European publishers and launch early next year a multi-site news service which will pool subscription revenues, then disburse and share them based on a unique parameter – time.

Online gambling hobbled by credit-card ban

The decision by several credit-card issuers, most recently CitiCard, to ban consumers from paying gambling tabs with plastic will half that industries growth to revenues of about $4.2 billion next year, a Wall Street analyst told Reuters.
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