Roundup: AOL spinoff, secret news meeting, and more
Here’s the latest action:
AOL spin-off approved by Time Warner — After AOL’s merger with the media conglomerate in 2000, it’s been, well, a long decade. AllThingsD has more.
Leading newspapers hold secret meeting to discuss charge for content — The Atlantic reports. No word on whether there was an entrance fee.
Social game-maker Playdom hire game veterans — Virtual Worlds News covers.
Hulu Desktop, kinda — “Hulu Desktop simply presents an alternate [user interface] for the site (now with sound effects!) that’s… Continue Reading
Roundup: Virgin Mobile acquires Helio, Starbucks to stop music sales and more
Here’s the latest action:
New partnership brings Helio to Virgin Mobile — Virgin Mobile USA will acquire the U.S. arm of South korea-based SK Telecom, namely, a mobile operator called Helio, according to the Financial Times. Both mobile operators have been struggling to make money by piggybacking on the infrastructure of existing carriers. This announcement doesn’t offer any sense of how they might bounce back; it just seems loaded with more bad news, like the estimate that… Continue Reading
Multiply, social networking for 30-somethings, raises $16.6M
Multiply, a social network aimed at 30-somethings, has just announced additional venture funding of $16.6 million
The Boca Raton, Florida-based Multiply struggled after launching in late 2003. It was part of the early pack of social networking companies that sprung up in the wake of path-breaker Friendster. It got some initial buzz, but then MySpace, also part of the pack, blew everyone else away. Multiply has trudged forward, almost in the background.
However, it started growing quickly… Continue Reading