Source:Valleywag
Rep. John Conyers, D-MI, said he was “dismayed to learn” that the head of the Department of Justice’s antitrust division may approve the XM-Sirius merger “over the objections of department staff.” [AP]
Source:Valleywag
We’d heard rumors Jobster was close to replacing Jason Goldberg as its CEO, and the Seattle P-I now confirms them. Jeff Seely, another Seattle entrepreneur who just sold online stock-buying site ShareBuilder for $220 million to ING Direct, will take over the online job board on January 7. His first order of business: Raising more money, I suspect.
In June, a commenter claimed the company only had $7 million left of its $48 million in funding from Mayfield, Ignition, and other VCs. Goldberg conceded to the P-I that the company was still not profitable, but a company spokesman wouldn’t confirm the commenter’s figures.
Whatever the number was in June, this much is certain: Six months later, Jobster has even less money now. Almost as certain: John Connors, the former Microsoft CFO on Jobster’s board, has too much of his reputation at stake to allow Jobster to fail.
Source:Valleywag
A Reaganesque landslide: Dow Jones shareholders voted 60 percent in favor of Rupert Murdoch’s purchase of the company which publishes the Wall Street Journal. The Bancroft family, split as always on the deal, tendered 54 percent of their supervoting shares to approve the deal, while an overwhelming 78 percent of common stock was voted in favor. Murdoch has already started replacing execs at Dow Jones, and News Corp. takes formal control tomorrow. (Photo by AP/Evan Vucci)
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on Thursday, December 13th, 2007 at 5:09 pm and is filed under media, news corp, wall street journal, dow jones, Acquisitions, Rupert Murdoch.
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