Urban media company Radio One reported its Q208 earnings today, and reported a widening loss of $11.7 million amidst weaker radio advertising market, and increased investment in its online efforts. Net revenue was approximately $83.4 million, an increase of 1 percent from the year-ago quarter. Its online revenues for...
Chinese online media holding firm Koolanoo Group has received a biggish $25 million in its third round of funding, even as it announced a planned IPO on the Hong Kong market in March this year. An undisclosed investor-- "an international investment group"-- led the round, and was joined by...
News filtering and aggregation site SkyGrid, based in Sunnyvale, CA, has raised a relatively big $11 million second round of funding. The round was led by RRE Ventures, with previous investor BlackRock also participating, along with a "prestigious group of investors from both Wall Street and Silicon Valley," the...
Wouldn't it be great to do what you love and call it work? Rafat Ali turned an "online resume" of his thoughts into ContentNext, an online media network spanning four websites, three continents and 22 employees. Now he's figuring out how to find good people, manage sales, and shift work...
The Vanity Fair 100 list is out, and the usual litany of powerhouses and powerbrokers..the magazine calls is "The Vanity Fair Top 100 Leaders of Information Age", so in that spirit, some new names, including Mark Zuckerberg, CEO of Facebook; Arianna Huffington, founder of HuffPo; Matt Drudge, founder of...
New York City-based fashion online information service Sytlesight has received a big $16 million round of funding, from Fidelity Ventures, the VC arm of mutual fund Fidelity Investments. This is the company's first round of funding...founded in 2003, it provides a subscription-based service with trend forecasting and product development...
Dutch business publisher Wolters Kluwer has bought out UpToDate, a Waltham, MA-based online medical information company, for an undisclosed amount, though it is likely in low hundreds of millions. UpToDate, founded in 1992, runs a service in which doctors and other medical professionals write articles summarizing the latest thinking...
Winter Park, FL-based Highwinds, a provider of CDN services which recently raised a big $55 million round, has raised more money, this time for a European expansion. The new funding is from European Founders Fund, though the amount was not disclosed. The previous big round was led by General...
We mentioned an earlier closing of this round, but the amount was lower then: now Tel Aviv-based SemantiNet, a semantic web startup focused on developing tools for better Web browsing, has raised $3.4 million in its first round of funding. The company's product hasn't launched yet but promises on...
Twistbox, the mobile entertainment firm which is owned by OTC-traded Mandalay Media, is in the process of buying out European mobile content firm AMV Holding. For now, this is an LOI stage, and may not necessarily go through. AMV, founded in 2004, has brands such as Bling, Phonebar and...
LinkedIn is on a Hollywood PR offensive, and positioning itself as the place where out-of-work and freelance creative professionals: it started with LinkedIn Strike Survival Guide (ahead of the then-anticipated SAG strike), as "an ideal way to learn how to tap the greatest asset of your professional life: your...
Fox is touting a new streaming arrangement it is launching: it will stream the premiere of two of its anticipated shows "Fringe" and season opener of "Terminator: The Sarah Connor Chronicles" online at the same time as they are broadcast on TV..but in a twist, this is only for...
Technorati, the still-trying-to-redefine-itself blog search and now blog ad network, has bought out Blogcritics, one of the oldest online blog magazines. The site publishes contributions from bloggers on everything from music reviews to articles on politics and technology..it was part of the Technorati ad network since June. by Rafat...
Zero2IPO, an online financial info services provider on the China VC and PE markets, has raised a big $60 million round from a total of 46 different investors, according to SEC filing, picked up by PEHub. The company started as an online database of VC and M&A deals in...
Yes, I know..we don't need more coverage of the Democratic convention which started this evening, but I have to point out the live video feeds online. Every major site and TV network is live streaming it online in full, including MSNBC.com, ABCnews.com on Yahoo News, CNN.com, CBSnews.com, FoxNews.com and...
Yandex, the big Russian search engine, has delayed its much-anticipated IPO until next year, according to local reports. Earlier this year reports came out that Yandex was planning a US IPO and will seek to raise $1.5-$2 billion, at a total valuation of $5 billion. For 2007 Yandex's revenue...
As a bit of compensation for the end of summer, we're offering tickets to EconMusic at a special back-to-work 20 percent discount for this week only. We've got a great lineup for the half-day conference, which will take place Sept. 23 at London's Natural History Museum—and we're still not...
The professional contrarian Michael Wolff is coming out with his Murdoch biography "The Man Who Owns the News" early next year, and Vanity Fair runs some excerpts ahead of the launch. Among other juicy bits, as if you needed more proof, Murdoch really, really wants to own the New...
After debate over the last few years over free and freely distributed metro newspapers and how they represented the future of the industry comes the news that the bubble might be bursting there too. Metro International, the world's largest free-newspaper company, is considering closing or selling off its U.S....
Powerful, Dell is built to fit your business needs Customized systems, experts trained in small business, 24/7/365 support, and powerful, reliable technology. Dell, big results for small business.
Innovative USB Sleep'n Charge. Stylish Fusion™ finish. Ultra-portable. It's clear why the Satellite® U405 is a smart choice for you and your small business. Only from the laptop expert, Toshiba.
