Google’s new year’s revolution: Six products slashed or maimed
Well, Google picked a good day to announce layoffs and kill a bunch of products. While everyone is busy reading about Apple chief executive Steve Jobs’ leave of absence for health related issues, Google has more or less killed six of its products. Let’s survey the damage, shall we?
Dodgeball
First up, Dodgeball, a service close to the hearts of many of San Francisco’s tech elites (but few others) is being shut down. Dodgeball is a mobile… Continue Reading
Roundup: Layoffs at Sitoa, GrandCentral gets knocked offline, and more
Here’s the latest action:
Big layoffs at Sitoa? — San Mateo-based Sitoa has laid off approximately 40 out of 70 employees in order to get to breakeven, we’ve heard from a source. The company has tens of millions in revenues, but fees are only 10% so the company has always operated in the red. They have been trying to raise more money. Positioned as an e-commerce solution provider that gives retailers access to more products without worrying… Continue Reading
Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more
Here’s the latest action:
Scribd hype — Maybe because it calls itself the “YouTube for documents,” the young Scribd is getting a lot of interest from Silicon Valley’s venture capitalists. We’ve talked to some eager to invest. Rumors are leaking out, including at Gigaom and Techcrunch that the round is almost done, with GigaOm saying it is done and citing a large $10 million valuation. We talked with Scribd’s Trip Adler today, and he didn’t want to say… Continue Reading