11 result(s) displayed (1 - 11 of 11):
To start Tuesday, we see industrial conglomerate Emerson Electric Co. (NYSE:EMR) agreeing to acquire Avocent Corp. (NASDAQ:AVCT) for $1.2 billion in cash, enhancing its data center offering. This is in the wake of many announced technology deals as the economy seems more stable.But what about Internet M&A for the techies?Collins...
Posted on October 6, 2009 9:30 AM
Facebook Inc., which has reportedly reached a positive cash flow, teamed up with ratings company Neilsen Co. to show marketers how their ads are doing on the social networking giant. The collaboration is named Nielsen BrandLift and will launch in the U.S. with select test partners this week and roll...
Posted on September 22, 2009 4:16 PM
Marc Andreessen, the serial entrepreneur whose new VC fund was featured on our sister blog Dealscape, said a few words on the corporate strategy of social networking sites Facebook Inc. and MySpace and microblogging site Twitter.Andreessen (pictured), who founded Netscape Communications Corp., is on Facebook's board and has invested...
Posted on July 6, 2009 4:45 PM
For the first time, Facebook Inc. passed MySpace in terms of U.S. visitors for a month. ComScore Inc. said Facebook's users almost doubled from a year earlier, while MySpace lost 5%. It's a figure News Corp.'s (NYSE:NWS) chief digital officer Jonathan Miller must be very familiar with. However, he's no...
Posted on June 16, 2009 5:25 PM
Mark Zuckerberg, the 25-year-old founder and CEO of Facebook Inc., says his company's revenue will jump by 70% this year. Considering the current economy and that the social networker is still seeking ways to capture revenue, that's going to be hard to achieve -- even with the help of a...
Posted on May 26, 2009 5:44 PM
Time Warner's AOL unit is playing catch-up in social media, using acquisitions to chase Facebook Inc. and News Corp.'s MySpace. According to reports on Cnet and Boomtown, it's making progress. In March of 2008 it bought social networking site Bebo, paying (some said overpaying) $850 million. Based in San Francisco,...
Posted on February 23, 2009 12:50 PM
Deloitte said it could not find a buyer for Woolworths Group plc's CD and DVD division, Entertainment UK, which bills itself as the U.K.'s leading distributor of entertainment products, generating an annual turnover in excess of £1.5 billion ($2.2 billion). Neville Kahn, reorganization services partner at Deloitte, said in a...
Posted on December 12, 2008 12:11 PM
Reports surfaced Wednesday that Microsoft Corp. bankers contacted Facebook about a deal for the whole company. MSFT put a valuation of $15 billion on the social networking site when it paid $240 million for a 1.6% stake in October. The call, however, according to ATD, was just to gauge...
Posted on May 7, 2008 6:49 PM
Ethan Beard, Google Inc.'s director of social media, will take a post as director of business development at Facebook Inc. Beard leaves the Internet search giant as No. 2 social networking firm Facebook moves to generate more advertising revenue. Facebook is growing faster than larger rival MySpace and the number...
Posted on March 26, 2008 3:18 PM
Sheryl Sandberg -- Facebook Inc.'s incoming COO and Google Inc.'s outgoing online ad vp -- has drawn a lot of attention with her job switch. Highlights: Developing advertising and expanding Facebook overseas are big parts of her new role, says The New York Times.Sandberg will try to help Facebook structure...
Posted on March 5, 2008 1:14 PM
Looking for an exhaustive list of last year's bumper crop of deals in the new-media world? The folks at Peachtree Media Advisors have prepared one. You can find a copy of it here. And here's Peachtree's view on what's in store for this year: "In 2008, expect more traditional...
Posted on January 4, 2008 5:51 PM
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Juergen Lasowski
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