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NewsCred, a marketing technology firm that creates and licenses editorial content for businesses, was today valued at an estimated £120 million after it raised £15 million to expand in London.

Network: How a little bribery can get you in a sticky situation on the Web

Charles Cohen tried politics and PR before launching Beenz.com, so he knows the value of a freebie.

We'll need a brand new set of villains when this boom ends

At the end of the 1980s, a number of big names on Wall Street went to jail, and everyone immediately found sinister those very financiers they had spent the past few years worshipping. The public mood turned on a dime, and no one, apart from the writer Tom Wolfe, ever really bothered to try to explain why.

Network: In the new world, it pays to stay home

Why go into the office if you don't need to? In hi-tech California, workers are being encouraged to work from the house

Network: I've joined the riches to rags set

Why would a guy do such a thing? In a word, or rather two, stock options

Network: Outraged? A brisk jog is just the ticket

IF JOGGING on Silicon Valley's Sand Hill Road is inspirational, then I'm one inspired fella. My wife, Linda, Cassie the dog and I jog here six mornings a week, alternating among three routes to keep it interesting. Any long-time jogger knows about runner's reverie. This is a trance-like state that overtakes the head as the feet, on autopilot, follow a well-worn trail.

Help for hi-tech Brits to storm fortress America

THE GOVERNMENT is backing a joint initiative with the private sector to provide a one-stop shop for British hi-tech entrepreneurs seeking to break into the United States and compete head-to-head with Silicon Valley.

Screen break

Welcome to Silicon Valley, California, where college graduates magically turn into billionaires, where companies plead for computer programmers on billboards, and staff demand to be entertained. Words by Richard Cook. Photographs by Tom Bible

Network: If you can't take the heat

Silicon Valley shops still don't have the right wardrobe for sweating geeks

Focus: Billion dollar brains behind the Net

JOE SCHOENDORF has every reason to be happy. His Silicon Valley venture capital company, Accel Partners, floated four Internet-related companies on the public market in May - generally regarded as a slowdown month in the great Internet stock bonanza - and all are capitalised at between $1bn and $3bn.

3i's Valley move

3i's Valley move

The Nordic Connection

HOW NOKIA AND ERICSSON HAVE RUNG RINGS AROUND THE WORLD

Network: Revenge of the nerds

A new film portrays old rivals Gates and Jobs as you've never seen them before.

The Business World: Challenge is to turn all that clusters into gold

THE GOVERNMENT'S White Paper on Competitiveness, published late last year, hit the spot for a lot of its readers. Almost literally so, with its emphasis on the importance of industrial clusters. These economic hotspots have been around as long as there have been economies, and were analysed a century ago by Alfred Marshall. However, they have recently re-emerged as a focus for industrial policy - partly because developments in modern economic theory made them interesting to glamourous academics like MIT's Paul Krugman, and partly because new industries seem to develop in clusters.

Network: The secret of Silicon Valley? We all have an axe to grind

I'M SITTING in the Silicon Valley morning-commute traffic on Sand Hill Road, thinking about the Internet and life. My morning paper had seen fit to headline a story "Internet: dream or nightmare?", and started my internal wheels turning.

Blair is still peddling social elitism

There is a lie at the heart of New Labour's plans to modernise the economy that could undermine its policies and cause the same kind of rot from within that turned Thatcherism into a hollow stalk of itself. The lie is that the Government is moving to make to the most of the nation's human capital.
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Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before