Social.FM is dead — 30+ music startups to go
Much more silently than it came into the world, music search and sharing site Social.FM has gone back out — leaving what users it had to retreat to Pandora, iLike or one of the other, more successful music sites on the Internet.
The news was discovered… Continue Reading
Roundup: Eons cuts, Mercora, Facebook break-even, Mojiti and advertising decline?
Summary:
*Eons, social network for 50-plus, cuts a third of staff
*Mercora, music sharing service, changes name
*New technology to allow searching images with different languages
*Lendingclub, the people-to-people lending service, launches Web site
*Facebook is roughly breaking even
*Microsoft announces student promotion for Microsoft Office 2007
*Advertising spending is down for… Continue Reading
CBS buys music recommendation service Last.fm for $280M
Updated
CBS has bought music recommendation website Last.fm for $280 million, the extremely popular London-based company that lets users search for and listen to music based on their past preferences and recommendations of other users.
Last.fm says it has around 20 million active users each month, four… Continue Reading
Roundup: PixSense, Piczo, Imeem’s new model & more
PixSense, latest start-up to offer video compression, is hiring! — This Santa Clara start-up claims no one has been able to compress a video by 85 percent to share it via mobile phone.
It is offering such a feature to consumers and carriers. Some 90 percent… Continue Reading
VC firm, ITU, asked portfolio companies for political donations
This story about ITU is a tragic one, and a lesson for us taxpayers in California to be vigilant about how the state deals with venture capital firms.
A few weeks back, we reported on the failure by the Southern California-based venture firm ITU to raise… Continue Reading