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Welcome to the midmarket place News Network
This News Network is designed to help people track and share news about midmarket place.


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Lookery's Scott Rafer: Advice in the Aftermath
15 hours ago

ReadWriteWeb: After successfully selling MyBlogLog to Yahoo, it was surprising to see Lookery founder Scott Rafer write a blog post announcing his company's "orderly shutdown". In heartbreaking detail he took full responsibility for the company's demise saying, "In chronological order, the sins Lookery committed under my leadership were (Read More)
Topics: business, market
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ReadWriteWeb Events Guide, 7 November 2009
7 hours ago

ReadWriteWeb: Here is this week's events guide. You can download the entire event calendar in iCal format or import it into your Google Calendar. You can also import individual events using the link beside each entry. This events guide is a weekly feature here on ReadWriteWeb. We publish it every weekend, as good a time as any to review (Read More)
Topics: business, market
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Weekly Wrapup: Mega Content Sites, Gen Y on Twitter, iPhone App Recommendation Services, And More...
21 hours ago

ReadWriteWeb: In this edition of the Weekly Wrapup - our newsletter summarizing the top stories of the week - we analyze a new breed of content site that is rapidly gaining momentum, look into recent statistics showing that Gen Y is using Twitter more, compare five recommendation services for iPhone apps, review the new-look MSN, and mor (Read More)
Topics: business, market, news
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Obannonsleap,
17 hours ago
: He asks if massive content sites gaining momentum is "cause for concern about the future of the Web?" - my thinking on this is it's cause for rejoicing. Regardless if you're building your site(s) for fun or profit, the point is constant and quality content creation should ultimately be rewarded.
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Layoffs Slacken. U6 Soars to 17.5%
1 day ago

Daily Kos: [bumped - BarbinMD] Nonfarm payroll jobs fell another 190,000 October, and the U3 unemployment rate calculated by the Bureau of Labor Statistics rose to 10.2%, it was announced this morning. The layoffs were higher than the 175,000 consensus of 84 economists surveyed beforehand by Bloomberg. But the number was also the low (Read More)
Topics: economic, market, news
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UBM Will Cut Magazines To Expand Multimedia B2B
2 days ago

paidContent.org: David Levin’s United Business Media (LSE: UBM) is planning to reduce the number of print titles it publishes as part of plans that will make magazines merely a “complementary” part of an expanded multimedia B2B strategy.In an interim management statement for the year to Octobe (Read More)
Topics: business, market
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Bits of Destruction Hit the Venture Capital Business
2 days ago

ReadWriteWeb: Venture capital (VC) funds like to invest in disruptive change, but what they really love is the stable, change-resistant nature of their own business. That is about to change. "Bits of destruction" spare no one. (The term bits of destruction was coined by Fred Wilson, of Union Square Ventures, a top-tier venture capitalist (Read More)
Topics: business, economic, financial
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Good News If Your Job or Hours Were Cut
2 days ago

Daily Kos: Rex Nutting at MarketWatch reports on a bit of news that's warmed the cockles of the Dow today: U.S. companies increased their output in the third quarter even as they slashed working hours, driving productivity up at a 9.5% annual rate in the quarter, the Labor Department estimated Thursday. ... Productivity is output d (Read More)
Topics: news, economic, market
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CBS Swings To Profit; Interactive Revs Drop 14 Percent
2 days ago

paidContent.org: CBS’ earnings were on the positive side in Q3, as revenues were down less than 1 percent, an indication that the economic pain of the past year may be easing a bit. While that may have been the case overall, CBS Interactive (NYSE: CBS) struggled in Q3, as revenues were down ab (Read More)
Topics: business, economic
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IBM Launches Cloud Plaform For Software Developers
2 days ago

ReadWriteWeb: IBM announced a set of cloud services that will allow developers to develop and test cloud applications. In addition, IBM is offering free compute and storage for developers using the IBM platform.SponsorIBM Smart Business Development and Test on IBM Cloud is designed to remove burdens from developers who spend a lot of tim (Read More)
Topics: business, market
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BusinessWeek's Sibley To Stay On As Publisher; BW.com's Neal Is Out
2 days ago

paidContent.org: Following weeks of guessing about how will stay and who will go after BusinessWeek is handed off to Bloomberg next month, the mag’s worldwide published Jessica Sibley will remain, TalkingBizNews reports (via Romenesko). However, Roger Neal, BusinessWeek.com’s SVP/GM, is depart (Read More)
Topics: business, news
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BusinessWeek's Sibley Stays As Publisher Under Bloomberg; BW.com's Neal Is Out
2 days ago

paidContent.org: Following weeks of guessing about who will stay and who will go after BusinessWeek is handed off to Bloomberg next month, the mag’s worldwide published Jessica Sibley will remain, TalkingBizNews reports. However, Roger Neal, BusinessWeek.com’s SVP/GM, is departing. Neal’s digi (Read More)
Topics: business, news
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United Online Cuts 5 Percent Of Its Workforce
2 days ago

paidContent.org: United Online (NSDQ: UNTD) is cutting five percent of its workforce—or about 96 jobs. The company disclosed the layoffs during an earnings call Wednesday, in which CEO Mark Goldston said the company was making the cuts to “increase efficiency.” Most of the layoffs are at Unite (Read More)
Topics: business, news
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Online Financial Service Credit Karma Raising $2.5 Million Second Round
2 days ago

paidContent.org: Credit Karma, a site that lets users get free access to their credit scores in exchange for receiving targeted ads, has raised $1.5 million worth of a $2.5 million round of funding, per an SEC filing. The company said QED Investors led, with participation from Ron Conway’s SV (Read More)
Topics: financial, news
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Blake Krikorian Investing In Startup Clicker.com, Joining Board
2 days ago

paidContent.org: Blake Krikorian of Slingbox fame is joining the board of a new internet TV venture: start-up Clicker.com, now in private beta. Krikorian is investing in the company founded by Jim Lanzone, the former CEO of Ask.com; other investors include Benchmark Capital and Redpoint Ventures. Clicker’s ambitious goal is to be the comple (Read More)
Topics: Private Capital
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Playboy CEO: TV Biz Is Changed 'For Good'; Focused On Licensing, Gaming And Mobile
2 days ago

paidContent.org: [In progress] Layoffs, an executive team reorg and other cost-cutting helped Playboy (NYSE: PLA) narrow its Q3 losses—but the company’s media businesses still aren’t fully turned around. So that means more layoffs. CEO Scott Flanders said the company had to reduce overhead exp (Read More)
Topics: business, market
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