Microsoft Finally Selling Razorfish
Microsoft is finally selling Razorfish, the digital ad agency it acquired along with aQuantive in 2007, the FT reports.The sale will help reduce the amount Microsoft overpaid for aQuantive by about $600-$700 million or so. It also makes strategic sense: There’s no reason for Microsoft to own an ad agency.
Posted: June 29th, 2009 under Uncategorized.
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Michael Jackson News - Yahoo! Music
Michael Jackson the singer was also Michael Jackson the billion-dollar business.Yet after selling more than 61 million albums in the U.S. and having a decade-long attraction open at Disney theme parks, the “King of Pop” died Thursday at age 50 reportedly awash in about $400 million in debt, on the cusp of a final comeback after well over a decade of scandal.
Posted: June 26th, 2009 under Uncategorized.
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The Startup Entrepreneur’s Guide To Risk Management
All risks have two dimensions to them: likelihood of occurrence, and severity of the potential consequences. These two dimensions form four quadrants, which in turn suggest how we might attempt to mitigate those risks:
Posted: June 24th, 2009 under Uncategorized.
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How Plentyoffish Conquered Online Dating (Hint: Its Founder Works Just One Hour a Day)
Amazingly, Frind has set up his company so that doing everything else amounts to doing almost nothing at all. “I usually accomplish everything in the first hour,” he says, before pausing for a moment to think this over. “Actually, in the first 10 or 15 minutes.”To demonstrate, Frind turns to his computer and begins fiddling with a free software program that he uses to manage his advertising inventory. While he is doing this, he carps about Canada’s high income-tax rate, a serious problem considering that Plenty of Fish is on track to book revenue of $10 million for 2008, with profit margins in excess of 50 percent. Then, six minutes and 38 seconds after beginning his workday, Frind closes his Web browser and announces, “All done.”
Posted: June 24th, 2009 under Uncategorized.
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MySpace Is In Far Worse Shape Than Its New Executives Thought (NWS)
Running MySpace, new CEO Owen Van Natta and News Corp. (NWS) digital head Jon Miller are beginning to realize they have taken on a much bigger challenge than they initially thought, sources close to both executives tell us.“The business is in a lot worse shape than Fox Interactive was positioning” prior to the Owen and Jon’s arrival, one source says.
Posted: June 15th, 2009 under Uncategorized.
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Amazon To Pay Toys R Us $51 Million (AMZN)
Amazon (AMZN) said late Friday it would pay Toys R Us $51 million to settle a 2004 lawsuit that broke up the companies’ relationship.The suit was about Amazon’s (and third parties’) rights to sell toys/merchandise that Toys R Us had exclusive rights to sell.
Posted: June 15th, 2009 under Uncategorized.
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Gogii debuts Kleiner-backed chat app » VentureBeat
What’s group chat? It’s an SMS conversation involving 3 or more people. Kleiner Perkins Caufield & Byers thinks it’s hot enough to have led a $5 million funding round for Gogii, maker of the textPlus app for the iPhone.textPlus is a chat client built on top of SMS. Somewhere off in the clouds of the Internet, Gogii’s servers wrangle multi-way SMS sessions and present them as one group conversation on your phone.
Posted: June 4th, 2009 under Uncategorized.
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