Business.com sold for $345M, ending seesaw story
Business.com, the site that provides a search engine for businesses to find products and services, has been sold to R.H. Donnelley, the yellow pages and local search firm, for the $345 million.
There was initial interest IAC, New York Times, DJ and News Corp, according to PaidContent.
Business.com of Santa Monica, Calif., does have earnings of $15 million (EBITA) and thus has a real business around it. It gets paid from sending search traffic to businesses. There’s… Continue Reading
Roundup: Page’s helicopter, Metaweb changes, Sequoia’s $100 rule, more
Here’s the latest action:
Page draws attention with helicopter landing — The Google co-founder’s colorful arrival at the Foo Camp this past weekend was captured on film. Scott Beale, always good with imagery, has the clips on his site Laughing Squid.
Thomas Layton takes top job at Metaweb Technologies — Metaweb is one of several companies trying to create a public database to store the world’s digital information. It has garnered considerable hype. It is backed with $15… Continue Reading