3 posts and columns on Samwer

Exclusive: The (Digital) End Is Nigh–News Corp. Unloading Beliefnet and Considering Jettisoning Jamba/Jamster

in News on May 27, 2010 at 10:17 am PT

Beliefnet, the spirituality site bought by News Corp. in late 2007, is being shopped around for sale, according to several sources. Sources said that the media giant is also considering selling off Berlin-based Jamba/Jamster, a mobile content provider now called Fox Mobile Group. News Corp. paid $187.5 million to VeriSign for a 51 percent stake in Jamba in 2006 and bought the rest in 2008.

Will Facebook Say “Da” to Russian Investors?

in Media on May 22, 2009 at 5:46 pm PT

Here’s the newest twist in the Facebook valuation/funding saga: Russian investors have reportedly offered to sink up to $350 million in Mark Zuckerberg’s social network–at two different valuations. The Wall Street Journal says investment group Digital Sky Technologies has offered to spend $200 million on a chunk of the company’s preferred stock at a $10 billion valuation, and is also offering to buy up to $150 million worth of the company’s common stock at a $6.5 billion valuation.
russia-with-love

More Facebook Funding: This Time, From Germany

in News on January 16, 2008 at 2:30 am PT

The money continues to dribble into Facebook, it seems. The Samwer brothers of Germany have agreed to invest $10 million to $15 million in the hot social-networking site, a development which was first reported by Reuters and TechCrunch. It feels like an awfully small amount to garner a key Facebook relationship in the important European [...]