Topix.net Raises $15m More
News search engine Topix.net has announced that has taken $15 million in additional funding from three large media companies, Tribune, Gannett and McClatchy. The company raised a round about 18 months ago for an undisclosed sum that was only said to be under $5 million. That funding came from Tribune, Gannet and Knight-Ridder, who have since been acquired by McClatchy
Yahoo: Time to Kill Off Flickr, del.icio.us and Other Web 2.0 Brands
The big news over the weekend is the publication of an internal memo by Yahoo senior VP Brad Garlinghouse, dubbed the 'Peanut Butter Manifesto'. The crux of it is that Garlinghouse says Yahoo as a company is unfocused and has too many product lines that cross over. Here is how he described it:
Who wants to buy Napster
The online music service , once an industry renegade, is now looking for a deep-pocketed parent. Here's who might be interested in buying Napster. SEO is Still the Top Traffic Source
Today we saw in several blogs a story about About.com , the old network of guided how-to sites purchased in March 2005 by the New York Times Company for $410 Million, where it says that About.com gets 80% of its total traffic from search engines. It seems the SEO works very well for many top web properties as long as they are trusted Google sites...
Bush makes Internet gambling in US illegal
Placing bets over the Internet was effectively criminalized by the federal government Friday, as lawmakers work to eliminate an activity pursued by up to 23 million Americans who wagered an estimated $6 billion last year.
Gather.com Gathers More Cash
Gather.com , the social network and citizen journalism site that was seriously lacking when it launched at the start of this year, has completed a further $10 million round of financing led by Pilot House Ventures Group that also included media companies Hearst Corp and McGraw-Hill Cos. Money also came from Jack Connors, chairman of ad agency Hill Holliday, and Gather.com's founder Tom Gerace.
MyBlogLog Acquired by Yahoo for $10M
In the second social media acquisition by Yahoo! story in the last 12 hours, news has emerged that Yahoo! has agreed to acquire MyBlogLog . MyBlogLog is a blog community and analytics tool used here on TechCrunch (see sidebar) and many other blogs around the web.
Can Yahoo! and Local Papers Save Each Other?
Yahoo! announced this morning a partnership with a number of large newspaper chains, controlling a total of 176 publications, to share content and functionality. Both Yahoo! and local papers around the US are in a state of crisis, which is amazing if you consider the market and mind shares both still control. Will this partnership make a significant difference for either party? I don't think it will.
U.S. Air Force prepares to fight in cyberspace
WASHINGTON (Reuters) -- The U.S. Air Force said Thursday it was setting up what could become a new four-star command to fight in cyberspace, where officials say the United States has already come under attack from China among others.
MobiTV totals $125M in funding!
The last time mobile video startup MobiTV 1 said they raised $70 million in a third round of funding, we used them as an example of the return of the big VC money 2. Now the Emeryville-based company is announcing today that it has raised even more money as part of its Series C: $30 million with additional investors Hearst Corporation and Adobe Systems. The company says their total Series C funding comes to over $100 million bringing the company's total to $ 125 million raised since the company started in 1999 — now that is a lot of money.
Spot Runner lands $40 million
Spot Runner, a TV ad start-up that puts local shoe stores on national television networks, has announced receiving $40 million in additional funding from CBS, Interpublic Group and other investors.
Google, YouTube -- aftermath
This is a different angle of the Google and You Tube deal.
Many people, experts and analysts expressed the opinion that Google paid too high price for YouTube ($1.65B). Yes this amount of money is serious, okay, but do not you see that it represents only ~1.6% of the Google's market capitalization at the moment the deal was closed, it is only 3.5 million shares out of all outstanding shares issued and not last represents a value less than the daily trading volume on the NASDAQ for Google shares.
Google bought YouTube for $1.65B!
That's it, despite all the arguments against this deal and although many experts and analysts stated such a deal is impossible it is fact and has just been confirmed. It represents $1.65B paid all in stock deal.
LinkedWords.com - New Approach to Contextually Organize the Information on the Web
LinkedWords ( www.LinkedWords.com ) new approach to finding and managing information on the web entirely is based on grammatical, meaningful and contextual basis launches. Through its innovative contextual platform it provides web publishers with a unique way to do contextual linking of words.
Yelp gets $10 million more in funding
Local review site Yelp.com announced tonight that it has taken $10 million in Series B funding from Benchmark Capital. The company received as much as $6 million in a previous round from Bessemer Venture Partners.
eBuddy Announces 5 Million Euros from Lowland Capital
Web IM service eBuddy announced its first round of funding today, taking 5 Million Euros (about $6.25 million USD) from Lowland Capital Partners. Both eBuddy (formerly known as e-Messenger) and its funders are from the Netherlands.
News Corp bought another jobs site
News Corp. bought U.K. jobs Web site...News Corp. on Monday said it has agreed to buy a U.K. jobs recruitment site for an undisclosed sum to reach a younger audience. Financial terms of the deal was not disclosed. One source familiar with the deal said News International, the U.K. unit of the company, paid about 20 million pounds ($37.74 million) for the site, Milkround Online.
$375 million to buy IncesiveMedia
Incisive Media, owner of network of different web sites including several popular ones such as Search Engine Watch and the Search Engine Strategies Conferences agreed to a $375Million (USD) buyout deal with Apex Partners on last Thursday.
Zillow, is $57M enough?
According to Zillow they have raised around $57M from venture capital firms (Technology Crossover Venture, Benchmark Capital and PAR Capital Management), private investors, employees and directors.
Userplane purchased by AOL
Web messaging services company Userplane has been acquired by AOL , it was was announced this morning. This company powers the interactive features (chat, video chat, video profiles, etc.) on most online dating and many social networking sites.
Google hounds Microsoft over search choice
MOUNTAIN VIEW, California (AP) -- The search engine company Google wants Microsoft to make sure users can easily choose Internet search engines in future products.But Mountain View-based Google won't say if changes Microsoft has already made to its upcoming operating system, Vista, have gone far enough.
Another video sharing site gets funded
Another video sharing site gets funded: New York startup Motionbox will announce today that they've raised $4.2M in Series A funding from Canaan Partners, SAS Investors and ITOCHU Corporation. The cash will be used to build out Motionbox's technology and for marketing purposes.
Google acquires wiki startup
NEW YORK (AP) -- Google Inc., expanding its efforts at providing software that helps users create and post their own materials on the Internet, has acquired a California startup that develops online collaboration tools known as wikis.
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