Late stage investment firm Stratim Capital has picked up an undisclosed stake in Second Life parent company Linden Lab—buying out one of the virtual world tech firm’s existing investors. Linden Lab has raised about $19 million in funding since its inception in 1999; investors include Benchmark Capital, Catamount Ventures, Globespan Capital Partners ...
Category Archives: Economics of Content
Microsoft’s Bing Posts Second Week Of Gains
It’s week two and Microsoft’s Bing is still going strong. New comScore (NSDQ: SCOR) data indicates that for the second week in a row the relaunched search engine increased its search penetration as well as share of total search results. It’s still early, of course, and rival data from Compete.com has
Investors Line Up Against Sale Of E Ink To Taiwanese Company, Citing 'Low' Price
Is E Ink, which makes display technology vital to the Kindle, selling out for too little? The company announced a deal earlier this month to sell itself for $215 million to Taiwan-based Prime View International, but investors are reportedly now up in arms over ...
Industry Moves: Paramount Digital; AdMedia Partners; JEGI; Burrell, NBCU
—Paramount Digital Entertainment (PDE), part of Viacom and a division of Paramount Pictures Corporation, has appointed Keith Quinn as its SVP of creative development and production. Quinn will report to Thomas Lesinski, president of PDE, and will oversee the development and production of a pipeline of original digital content. Quinn joins PDE from Agility Studios, ...
Update: Scripps Networks Looking For a Buyer For UK's uSwitch; Shopzilla Next?
Updated below: Scripps Networks Interactive (NYSE: SNI), the TV and online company, is finally putting its UK utility comparison site uSwitch on the block, after repeated rumors about it for the last year or so. It has hired Allen & Co to help in ...
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