Hearst’s new gadget: More useless than the Kindle
Hearst, the media conglomerate that publishes glossy magazines like Cosmopolitan and Esquire, as well as the struggling San Francisco Chronicle, has announced a bold plan to save the print media’s broken business and content models by importing them wholesale into a device similar to Amazon’s… Continue Reading
Jingle Networks keys up $7.5M for directory assistance
Jingle Networks, the company that operates national telephone directory assistance (1-800-FREE-411), landed $7.5 million in a fourth round of funding, according to VentureWire. The Menlo Park, Calif. firm will add this sum to the $75 million in capital it previously raised from Goldman Sachs, Hearst,… Continue Reading
Hearst buys Kaboodle, a social shopping site
Hearst Corp., the large media organization that owns the San Francisco Chronicle and sundry magazines, said it will acquire Kaboodle, a site that lets people bookmark items they find while surfing the Web, and then recommend and share them with other people.
The price was undisclosed…. Continue Reading