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Trend Site Buzzfeed Raises $3.5 Million First Round

Posted Wednesday July 9, 2008, 12:56 am, Over one day old


Read Trend Site Buzzfeed Raises $3.5 Million First Round (Links)

Mevio, Formerly PodShow, Raises $15 Million Third Round

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
Mevio, the early commercial entrant into the podcasting game then known as PodShow, has raised a big, $15 million third round led by Crosslink Capital, with past backers Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures and DAG Ventures.

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Perfect Market Raises $15 Million First Round For Archive Monetization

Posted Wednesday July 9, 2008, 12:56 am, Over one day old


Read Perfect Market Raises $15 Million First Round For Archive Monetization (Links)

Demand Media Sale Rumors: Not Really, But Talking on Partnerships With Yahoo

Posted Wednesday July 9, 2008, 12:56 am, Over one day old


Read Demand Media Sale Rumors: Not Really, But Talking on Partnerships With Yahoo (Links)

WPP Makes Hostile Bid For TNS; GfK Considers Cash Bid For Audience Measurement Firm In Response

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
As expected, WPP Group is making a hostile bid for audience measurement firm Taylor Nelson Sofres, which has rejected the ad holding company's three previous offers, Reuters reports. Analysts are uncertain whether a cash offer from GfK would ignite a bidding war between it and WPP.

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Google Tries To Go Lively With Its Own Virtual World Effort

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
The hope is that portability of the service will help distinguish it; another interesting addition is that in these virtual room users can can view videos and other content that are running on sites such as Google-owned YouTube.

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Yang Accuses Microsoft Of 'Destabilizing' Yahoo Intentionally; Calls Refusal To Negotiate Baffling

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
As the Aug.1 Yahoo ( NSDQ: YHOO ) annual meeting approaches, Jerry Yang tries the personal, public approach to counter the latest from Microsoft ( NSDQ: MSFT ) and Carl Icahn. I think that the destabilizing by Microsoft has become more and more intentional."

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AFTRA Accepts Hollywood Labor Deal

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
SAG: Ask Actors Before Posting Clips Online Actors Agree on Talk Extensions; SAG Drops DVD Residual Rate Demands WGA Members Ratify New Deal; "Bountiful Future" Writers Vote To End Strike; New Contract Still Must Be Ratified

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Elite Social Networker Spire Gets $9 Million First Round From Hearst, Others

Posted Wednesday July 9, 2008, 12:56 am, Over one day old


Read Elite Social Networker Spire Gets $9 Million First Round From Hearst, Others (Links)

More Tribune Cost Cutting: Trib Eliminates 80 Newsroom Jobs; Baltimore Sun Cuts Biz Section

Posted Wednesday July 9, 2008, 12:56 am, Over one day old
More aggressive cost cutting at Tribune, which is doing everything in its power to avoid default? The flagship paper Chicago Tribune announced today that it will eliminate 80 newsroom positions of its 578 total. It also notes that as of late 2005, the newsroom had 670 positions.

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