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 second quarter in a row
*Video giant Hulu purchases Chinese company Mojiti to power its video platform?
Eons, social network for 50-plus, cuts a third of staff — This is a surprising move,… Continue Reading