News Byte

MySpace Co-Founder’s Games Company Acquires Former Zynga Partner

Mobile-social games company SGN, founded by MySpace co-founder Chris DeWolfe, has acquired another independent studio, Mob Science, the companies announced in a press release. Zynga had invested in Mob Science via its Partners program, and published its Facebook RPG Legends: Rise of a Hero. That game and the rest of Mob Science’s portfolio is included in the acquisition, but monetary terms of the deal were not disclosed.

Exclusive: Ross Levinsohn Departs Yahoo

The Hair bows out.
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Back to the Future: Myspace Co-Founder Chris DeWolfe Joins the Board of Talenthouse

The social media pioneer will advise a company that is trying to take the best of the ideas of Myspace into the future.
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First Class Ticket: Social Travel Start-Up Gogobot Raises $15M in Funding at $70M Valuation

Around the world in $15 million.
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Gogobot Goes Mobile With New iPhone App

The innovative social travel site Gogobot is unveiling its iPhone app today.
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Gogobot Unveils Flipboard-Like Web Travel Scrapbook

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!
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Exclusive: Myspace to Be Sold to Specific Media for $35 Million

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 […]
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Exclusive: Myspace Sale Nearing End Today With Low $30M Price and Buyer You Never Heard Of

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.
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News Byte

MindJolt Hires Ulf Waschbusch to Head Up Mobile Social Games

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.

Is There a Myspace Mafia, Too? Because Leaving Seems to Have Paid Off for Many Ex-Execs.

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.
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