Sal Iannuzzi

HotJobs Sold to Monster in Yahoo Garage Sale

John Paczkowski in News on February 3, 2010 at 1:43 pm PT

Apparently, Yahoo’s efforts to sell off some of its noncore properties are going quite a bit better than previously thought. Moments ago, the company said it will sell Yahoo HotJobs to Monster Worldwide, proprietor of rival online career site Monster.com. Price: $225 million in cash.

Monster: Backdating BAD

John Paczkowski in News on May 18, 2009 at 11:09 am PT

Monster has finally put its backdating case to rest. Nary a week after former COO James Treacy was convicted of conspiracy and securities fraud, the online employment search company agreed to pay a $2.5 million fine to the U.S. Securities and Exchange Commission to settle charges that it improperly backdated millions of dollars in stock options.