From Russia, with love: Livejournal lays off a dozen
Livejournal, one of the earliest blogging services, is letting go of 12 employees, a little under 20 percent of its staff. Yahoo product manager Matthew Berardo, who was hired as Livejournal’s general manager in the U.S., was also laid off.
The company, known for the quirky-interest… Continue Reading
Roundup: Quattrone is back and banking, LiveJournal rebellion and more
Frank Quattrone is back as a banker — Quattrone and associates are starting a new boutique investment banking firm, called Qatalyst Group. During the (last) bubble in the ’90s, Quattrone was a top deal-maker, helping many promising (and unpromising) startups of the era go public. Some… Continue Reading
Russian media company buys online community LiveJournal
SUP, a Russian media company, has bought online blog community site LiveJournal from San Francisco blog company Six Apart.
LiveJournal claims to have more than 18 million unique visitors per month, worldwide, with 28 percent coming from Russia. Six Apart previously cut a deal with SUP… Continue Reading