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- Mozilla's Revenue Growth Slows; No Firefox OS Coming
- Revenue growth at Firefox-owner The Mozilla Foundation is slowing. Chairwoman Mitchell Baker said in her annual “state of Mozilla” letter that the foundation’s revenue—which it generates primarily from its deal to make Google (NSDQ: GOOG) the default search engine on its browser—increased five percent year-over-year. That, however, includes heavy...
- External links 2009-11-19
- Chegg Raises $57 Million For Online Textbook Rental Service
- Looks like VCs are really loosening their wallets. College textbook rental service Chegg says it has raised $57 million in a fourth round of funding. It’s the latest company to pull in a big round this month; RockYou, Motley Fool, and Playdom have all raised $25 million-plus rounds over...
- External links 2009-11-19
- Google Shows Off Its Chrome OS
- [Ongoing] Google (NSDQ: GOOG) isn’t launching its Google Chrome operating system quite yet—but it is ready to talk about it. During an event Thursday, VP of product management Sundar Pichai said the operating system was a “year away” from launch but said the company had “made tons of progress”...
- External links 2009-11-19
- Microsoft's Ballmer Defends His Company's Performance
- Microsoft (NSDQ: MSFT) CEO Steve Ballmer hasn’t quite gotten the best reviews lately (Newsweek‘s Dan Lyons recently called Microsoft under his leadership the company’s “lost decade.”) But during the company’s annual meeting Thursday, Ballmer offered a defense of the company’s performance, saying that despite Microsoft’s first ever annual drop...
- External links 2009-11-19
- Microsoft Brings Social Networks?Starting With LinkedIn?To Outlook
- With more people turning to social networks to communicate, Microsoft (NSDQ: MSFT) is adding a new feature to the next version of Outlook so that users can track the activities of contacts on social networks from within their e-mail inboxes. The feature—called Outlook Social Connector—aggregates social networking updates, a...
- External links 2009-11-19
- Alt Weekly Chain Creative Loafing Sold To Creditor For $5 Million
- Creative Loafing, the second largest alt-weekly chain in the country, has been sold to hedge fund and creditor Atalaya Capital Management for $5 million. Creative Loafing filed for Chapter 11 bankruptcy in September, only a year after purchasing the Chicago Reader and Washington City Paper, in a deal that...
- External links 2009-08-25
- Top Microsoft Zune Marketing Executive Leaves For Universal Music
- Chris Stephenson, who has overseen global marketing for Microsoft’s Zune music player since its debut in 2006, is leaving Microsoft (NSDQ: MSFT) to join Universal Music, the WSJ reports. Stephenson confirms he is leaving to the WSJ. At Universal, he will lead marketing for Interscope Geffen A & M...
- External links 2009-08-26
- Delivery.com Buys Eats.com Owner Eats Media
- Online food ordering service Delivery.com has purchased Eats Media, owner of restaurant portal and social networking site Eats.com. Financial terms of the deal were not released. Delivery.com pays commissions to users who recruit new restaurants and customers to its service, and the company says the addition of Eats “brings...
- External links 2009-08-26
- The Problems With EveryBlock
- Like it or not, hyperlocal is one of the buzzphrases in online news these days, and the site of the moment is EveryBlock.com. Founded two years ago, it was sold last week to MSNBC Interactive. Unlike other sites that provide their own local news, EveryBlock, which operates in 15...
- External links 2009-08-26
- RightsFlow Raises $1.5 Million For Music Licensing And Royalty Payment Platform
- Music licensing and royalty service provider RightsFlow has raised $1.5 million in a first round of funding from Originate Ventures. RightsFlow’s music licensing and royalty payment technology platform is used by more than 1,500 music-related companies, including imeem, INGrooves, and E1 Entertainment. New funds will be used to expand...
- External links 2009-08-26
- Wordster?'A Wikipedia For Words'?Gets Funding
- Wordster, an Atlanta startup that is set to soon launch what it calls a ‘Wikipedia for words’ has raised $440,000 of a $1.25 million round, according to an SEC filing. Southern tech site TechDrawl profiled the startup in May and said that it would work as a semantic reference...
- External links 2009-08-26
- Google Expands Ad Revenue Sharing On YouTube
- A year-and-a-half after first giving select users a cut of the revenue generated by ads that run near their clips, YouTube is greatly expanding the program. In its current setup, Google (NSDQ: GOOG) shares revenue mostly with users who regularly post videos on the site that reach big audiences...
- External links 2009-08-25
- PartyGaming Buys World Poker Tour For $12.3 Million
- Online gambling firm PartyGaming has purchased “substantially all of the assets” of World Poker Tour owner WPT Enterprises for $12.3 million, along with a five percent cut of revenue generated by the assets. The deal includes World Poker Tour-related properties, including the World Poker Tour TV show which is...
- External links 2009-08-25
- Time Warner Will Put Clips On YouTube
- YouTube’s plans to up the amount of premium content on its site got a big boost Wednesday, as Time Warner (NYSE: TWX) agreed to put content from a wide range of clips from its TV shows and movies on the video site. Walt Disney (NYSE: DIS) reached a similar...
- External links 2009-08-19
- CrimeReports.com Raises $7.2 Million In Third Round For Crime Mapping
- CrimeReports.com—which lets people find listings of nearby crimes by typing in an address—has raised $7.2 million in a second round of funding led by Austin Ventures. Existing investor vSpring Capital also participated. The site is ad-free, although CrimeReports charges law enforcement agencies between $49 and $199 a month to...
- External links 2009-08-19
- AOL-Owned Patch Launches Two New Local Sites, Names Publisher
- First, EveryBlock gets sold and now another heavily talked about hyperlocal startup has its own bit of news to announce. AOL-owned Patch is launching new sites in Summit, New Jersey and Darien, Connecticut, bringing the total number of hyperlocal sites in its network to eight. Three more are listed...
- External links 2009-08-19
- Yahoo, DivX Settle Lawsuit Over Toolbar Distribution Deal
- Yahoo (NSDQ: YHOO) and digital video technology firm DivX (NSDQ: DIVX) have settled a ten month old lawsuit over an advertising deal between the two companies. DivX initially sued Yahoo in September, saying that Yahoo had backtracked on a two-year deal, under which it paid DivX so that customers...
- External links 2009-08-19
- ShowClix Raises A First Round For Online Ticketing
- ShowClix, a two-year-old startup trying to challenge Ticketmaster’s dominance of the online ticketing industry, has raised a first round of funding from Pittsburgh Equity Partners. ShowClix is not disclosing how much it raised, but an SEC filing indicates the company brought in $570,000 of an $850,000 round. In the...
- External links 2009-08-20
- YouTube Tests New Recommendation Systems To Get Vistors To Watch More Clips
- Google (NSDQ: GOOG) continues to strike deals to up the amount of professional and long-form content on YouTube, but it’s simultaneously pursuing a more straightforward strategy in order to get more money from the site: It’s trying to get YouTube visitors to watch more of the content that’s already...
- External links 2009-08-20
- Universal Music Buys International Rights To Sinatra Albums
- Universal Music has purchased the international rights to Frank Sinatra albums from the Sinatra Family and Warner Music, the Financial Times reports. Under the terms of the deal, Universal can reissue albums that Sinatra released for Reprise, the record label he founded in 1960 and later sold to Warner...
- External links 2009-08-20
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