Socialmedian acquired by business network Xing
European business networking site Xing has acquired socialmedian, a service created by former Jobster chief executive Jason Goldberg to share and discuss news stories. Goldberg’s blog post announcing the deal doesn’t name a price, although a couple of sites say it was for $4 million in cash, with a possible earn out between $700,000 and $3.5 million
Hamburg, Germany-based Xing plans to integrate socialmedian into its product sometime next year, stating that socialmedian’s approach is ideal… Continue Reading
Socialmedian leaves beta testing as traffic climbs
Socialmedian, a site where users can share and discuss news stories with their friends, has quietly taken the “beta testing” tag off its site. It’s an important milestone that the company announced without much fanfare, either in terms of press coverage or new features.
Still, it’s a sign of how far Socialmedian has come in a few months. Although I liked the concept, I thought the site was pretty underwhelming when I checked it out back… Continue Reading
Roundup: Obama’s big Bay Area night, Xbox 360 sells out in Japan, Hulu going international and more
Here’s the latest action:
Obama Bay Area event sets fund-raising record — Democratic Presidential candidate Barack Obama visited the Bay Area and racked up $7.8 million in fund-raising, a record for a single event, according to Draper Fisher Jurvestson’s Steve Jurvetson, who, with his wife Karla Jurvetson, donated in $9,200.
Xbox 360 sells out in Japan — The Microsoft gaming console has never been able to gain a strong foothold in the country which prefers its own Nintendo Wii… Continue Reading
Socialmedian unveils improved social news site
Socialmedian, the social news site created by Jobster co-founder Jason Goldberg, is opening the doors on its public test tonight.
The site has a compelling concept — that the best way to sort through the tremendous flood of news is with a little help from your friends — and it has been in private testing mode for four months. Socialmedian is built around news networks with topics like “tech news” and “venture capital,” which pull stories… Continue Reading
Roundup: Microsoft/Icahn offered Yahoo $2.3B in annual revenue, the Gphone continues to be imaginary and more
Here’s the latest action:
Microsoft and Icahn offered Yahoo $2.3 billion in annual revenue — That money would have been guaranteed from search advertising for five years. Yahoo rejected the deal yesterday. Its current search ad deal with Google guarantees them $800 million a year but is more open. More details on yesterday’s offer at AllThingsD.
The Gphone continues to be a figment of our imagination — Despite rumors to the contrary over the weekend, Google still has no… Continue Reading
Socialmedian offers a collaborative way to sort through the news
As more and more news floods the Internet, more and more companies are releasing products to help you sift through that flood. One of the latest is socialmedian, a site that uses social networking tools to help users find the articles that are most interesting and relevant to them. The idea, says chief executive Jason Goldberg, is that people with common interests are better at filtering the news for each other than traditional media.
With so… Continue Reading