Roundup: Engineers leaving finance, Papermaster countersues, and more
Engineers are leaving Wall Street finance jobs to go be real engineers – As it has turned out, financial engineering isn’t so valuable.
Microsoft seems to be pulling in Facebook user data into its own web services — Seemingly in contradiction to Facebook’s user policy. TechCrunch has a closer look.
Newspaper company Gannett buys consumer web services company Ripple6 — Terms weren’t disclosed.
Jobs sites Jobster cuts 40 percent of its jobs — The company had raised $7 million back… Continue Reading
Jobster raises another $7M
Updated
Job site Jobster has raised another $7 million in a fourth round of funding. It’s not a huge amount of cash, but it comes on top of the $48 million that Jobster previously raised at a $100 million-plus valuation.
With all the job sites out there, we’ve been skeptical about Jobster’s (and other sites’) ability to be heard above the noise. Since we voiced that concern more than a year ago, even more sites have emerged… Continue Reading
Roundup: Jobster CEO out, Al Gore dominates Bali, Lennon invests, Scoble out, more
Here’s the latest action:
1) Jobster CEO Jason Goldberg out
2) US delegation to Bali pisses off Al Gore
3) Opera sues Microsoft over Explorer
4) VC Heidi Roizen sheds weight while crafting songs
5) The guidelines for online video success
6) Five hundred ways to customize stuff
7) John Lennon’s son invests in MyStore
Most popular search term: iPhone beats Facebook
9) DecentralTV (Kyte) and PermissionTV raise more cash, Podtech on rocks?
Jobster CEO Jason Goldberg out — Jason Goldberg, co-founder and CEO of… Continue Reading
Trovix, JobFox offer new ways to find jobs
Job searching is still painful for most people.
The standard job search today means sifting through masses of listings to find jobs that fit, a process that is always exhausting, and often ineffective.
However, there’s a new set of companies that want to turn the process upside-down. They want to do the search for you. They include Trovix, JobFox and to a lesser extent Jobster, which lately has headed in this direction.
Mountain View’s Trovix, a company that… Continue Reading
The job problem — too much noise
The number of new job-focused companies is overwhelming.
The latest is Zubka.com, a new European company that pays people for referring suitable job candidates for listings on its site. Here’s your chance to win $3,600 for referring a Java architect for a job in Florida.
However, Zubka is just the latest in a barrage of companies doing similar things (H3.com, BountyJobs, and Blue Chip Expert). The opportunity is significant because no one company dominates the multi-billion-dollar… Continue Reading
Jobster to serve Facebook exclusively — targets Craigslist
Jobster, the Seattle job search engine, armed with $50 million in financing and aiming to be profitable this year, announces two big moves tomorrow (Thursday).
First, it jettisons its comfy neutrality with other sites. Until now, it has remained a search engine, listing excerpts from job postings at Monster and CareerBuilder, and sending users to those sites to view the full postings. Going forward, Jobster will still do that. But it will also let employers post… Continue Reading
Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere
This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.
The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies will continue to get funding from VCs, but with more caution. Investments amounts in Web 2.0, while booming, are so far nowhere near the absurd levels seen during the 1999-2000… Continue Reading
Jobster’s jobs, IBM cools on Second Life, Shotspotter works & more video
Here’s a round-up of the latest tech stuff:
Jobster may cut a significant portion of its 145-person workforce? — Reports of major pending layoffs at Jobster are ironic, not merely because the company helps employers find employees. But because the company appears to doing the cutting to attain profitability, five months after boasting to VentureBeat that it would be profitable were it not hiring so many people so quickly all over the place. This company got very… Continue Reading
Simply Hired keeps expanding its job search
Simply Hired, the Mountain View job search engine, continues to expand its distribution network aggressively in this competitive industry.
The start-up will announce tomorrow that it will power the online job search of the nation’s fifth largest newspaper, the New York Post. It will also introduce “Resume Post” on MySpace. This lets job seekers at MySpace also post their resume to six different job boards at once, including Monster, CareerBuilder, Job.com, GettingHired, Net-Temps and Beyond.com.
Simply… Continue Reading
Roundup: Second Life, Snap, Zoo, Good’s $500M, exec shuffling & more
Updated
The latest round-up from tech-land:
Second Life hype continues — Sun holds a conference in the virtual world, and pisses off a journalist, who has a point. Why make it so tough for people to get to your message? But that hasn’t deterred others from joining the trend. Dell did something similar. And now Second Life has launched a business plan competition for “resident” entrepreneurs. The prize is a little less than US$2k, but it does include… Continue Reading
Motorola buys Good Technology — to compete with Blackberry
(Updated with confirmation that Kleiner and others made money)
Motorola will buy Santa Clara wireless messaging company Good Technology for an undisclosed amount, in an effort to compete for big business clients.
Research In Motion’s Blackberry has dominated the corporate mobile email market, and Motorola’s Q device has failed to make significant traction. Moreover, Motorola’s rival, Nokia, bought mobile email provider Intellisync in February.
The market for wireless email has been brutal, with players like Visto, of Redwood… Continue Reading