Kara Swisher in Social on November 3, 2011 at 12:00 pm PT
Around the world in $15 million.
Kara Swisher in Mobile on October 18, 2011 at 9:00 am PT
The innovative social travel site Gogobot is unveiling its iPhone app today.
Kara Swisher in Social on July 20, 2011 at 6:00 am PT
The social travel start-up Gogobot has launched an eye-catching new feature to its site to allow users to make visually striking collections of their destinations on the fly.
Get it? A travel site and on the fly!
Kara Swisher in News on June 29, 2011 at 10:51 am PT
Closing another chapter on one of the Internet’s most iconic properties, Myspace has been sold to to Specific Media, an advertising network, for $35 million. Sources close to the situation said the deal is being completed today, although it has not been officially signed. Myspace’s owner, News Corp., will hold on to a very small [...]
Kara Swisher in News on June 28, 2011 at 7:42 am PT
Have you ever heard of Specific Media? What about Golden Gate Capital?
One of them is likely to be the new owner of Myspace by Thursday, as the deal to sell the distressed social networking icon goes down to the wire for a $20 million to $30 million price and massive layoffs.
News Byte
Tricia Duryee in Commerce on June 22, 2011 at 9:00 am PT
Los Angeles-based
MindJolt,
which has been on an acquisition spree recently, has appointed Ulf Waschbusch to lead internal social mobile game development under the SGN studio. Previously, Waschbusch worked at Google, Myspace and T-Mobile, most recently serving as Chief Product Officer at Garena, a community gaming platform. MindJolt, which is led by former Myspace CEO Chris DeWolfe, bought SGN and Hallpass Media in April.
Kara Swisher in Social on June 13, 2011 at 11:28 am PT
When the selling of Myspace winds down in the next week or so, it’ll probably attract a spate of comments about what a failure the whole social networking enterprise turned out to be.
That is, unless you think of the mob of former execs who have worked at the company over time, many of whom have moved on to some more golden opportunities
after leaving Myspace.
Kara Swisher in News on June 9, 2011 at 10:35 am PT
And then there was one?
According to sources close to the situation, News Corp. is down to one possible investing group in its quest to make lemonade out of the lemon that its Myspace social entertainment hub has become.
In the lastest of many scenarios considered, several sources said its owner, News Corp., will continue to own about 20 percent of Myspace. The main bidder is a dark horse bidding group, which includes Activision Chairman and CEO Bobby Kotick as one of the potential investors.
Tricia Duryee in Commerce on April 20, 2011 at 6:00 pm PT
What are the largest online game properties in the world? The list may surprise you.
Tricia Duryee in Commerce on April 18, 2011 at 8:45 pm PT
The two gaming acquisitions announced by MindJolt tonight are not just about creating a seamless game experience across social, mobile and the Web. In an interview, Chris DeWolfe, the former CEO of Myspace who purchased MindJolt early last year, told us it’s about the advertiser.
