Roundup: Hammerhead’s tale, web ad stats and more
The tale of Hammerhead Systems — A Cisco competitor, it got as far as inking deals with major telecommunications companies during its seven-year run, but now it’s closing up shop. It had received more than $110 million in funding and promised superior routing technology. The San Jose Mercury News has a closer look at what went right and wrong.
MySpace to offer Windows Mobile application — And it’s also going to support Microsoft’s Silverlight developer framework on its developer platform.
Google China begins mp3 music licensing deal — More from Reuters.
Web ads grew in 2008, kinda — MediaMemo has more on the latest IAB report.
Associated Content gets new chief executive — Patrick Keane, a former CBS Interactive and Google executive is joining the pay-per-article aggregator. PaidContent has more.
Report says YouTube will separate premium videos from user-generated content — That’s according to what sources tell ClickZ, details here.
Teen virtual world Habbo made $74 million last year — Off of virtual goods and advertising, according to TechCrunch. That’s not a record for monetizing virtual goods (see China’s Tencent), but it’s not bad.
Microsoft settles lawsuit with GPS car navigation maker TomTom — More on Techmeme.
[Hammerhead photo via The San Jose Mercury News.]
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About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.