Source:TechCrunch
Amidst all the hubbub over the MySpace Music announcement is a much bigger story about the fate of the three year old Fox Interactive Media, the division of News Corp. that controls MySpace, IGN, Scout Media, Photobucket, Fox Sports, AmericanIdol.com and other properties.
FIM, under CEO Peter Levinsohn, will miss their revenue target of $1 billion […]Source:TechCrunch
San Francisco video/chat startup Seesmic has acquired Twhirl, a popular application created by Marco Kaiser that allows users to access the Twitter service directly from their desktop. The deal will be announced on Friday morning, but the acquisition price is not being disclosed.
Twhirl is considered among the better third party Twitter applications. ReadWriteWeb, for example, […]Source:TechCrunch
Federated Media (FM) has rumored to have raised $50 million from Oak Hill Capital Partners on a $200 million valuation, according to VentureBeat. Total funding for Federated Media to-date would be $57.4 million.
So what would Federated Media do with $50 million: Invest in sites. From a March interview:
Battelle: Well, I can’t say specifically what we […]
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
This entry was posted
on Thursday, April 3rd, 2008 at 9:36 pm and is filed under Company & Product Profiles, federated media, glam.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
