All Media Posts
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Sequoia-Backed Visual Search Engine Searchme Goes Dark
Searchme—the visual search engine which has raised $31 million from investors including Sequoia Capital—is changing strategies. It plans to lay off 35 of its 45 employees, take its site offline… Read more »
Could MySpace + Yahoo Games = A New Online Gaming Powerhouse?
Just as we were pondering who might make a good potential buyer for Yahoo (NSDQ: YHOO) Games, comes commentary from News Corp.‘s Jon Miller, about the company’s plans to transform… Read more »
Taking AOL Back: Forget Platform-A; It's Just AOL Advertising Now
As expected, AOL (NYSE: TWX) is doing away with its Platform-A brand and will house all its ad functions under the banner of AOL Advertising, a move announced this morning… Read more »
IAC Launching a New Video Venture Around CollegeHumor; Bringing In Team From CityLights Media
Correction through the post: IAC (NSDQ: IACI) CEO Barry Diller spoke at Fortune Brainstorm Tech this morning, and is announcing a new venture around video: the company is buying is… Read more »
Silverman Leaving NBC To Start New Video Company At Diller's IAC
Updated; Barry Diller just solved Jeff Zucker’s Ben Silverman problem. In an unexpected turn of events announced this morning, Silverman will join Diller at IAC (NSDQ: IACI) to start an… Read more »
Friendster Puts Itself Up For Sale
Friendster, the long-time U.S. social network which now has its biggest presence in Southeast Asia, has reportedly put itself up for sale there. The company has hired Morgan Stanley to… Read more »
Gaspin's Star Continues To Rise At NBC Universal; Promoted To Chairman, NBCUTelevision Entertainment
Jeff Gaspin just took another big leap at NBC Universal (NYSE: GE) with his promotion—effective immediately—as the new chairman of NBCU Television Entertainment. Gaspin already heads the company’s cable networks… Read more »
Earnings: AH Belo's Loss Widens; Revs Fall 22 Percent
Bucking the trend of newspapers publishers swinging to profit, AH Belo (NYSE: AHC) (NYSE: BLC) saw its net losses continue to expand and its revenues continuing to decline. The Dallas-based… Read more »
Earnings: FT Profits Hit By Ad Downturn, Online Subs Up
Free and paid subscriptions are still growing, but not by enough to keep Financial Times profits in the same direction. FT Publishing’s January-to-June operating profit crashed 40 percent from last… Read more »
The death of snail mail & Sunday papers
The Washington Post reports that “in the past year alone, the Postal Service has seen the single largest drop-off in mail volume in its 234-year history…. That downward trend is… Read more »
