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Thinkpad (AXcess News) Reno, NV - The year-old online job search engine, Simply Hired, said Wednesday that it raised $13.5 million in its third-round of financing, which was purchased by Fox Interactive Media, a division of Rupert Murdoch's News Corp. (NYSE: NWS) and Foundation Capital.
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Microsoft The Mountain View, Calif.-based Simply Hired is a vertical search engine that boasts 5,381,261 job postings. It's total financing to date is now $17.5 million.
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
Laptop Computers With the infusion of capital from News Corp's Fox Interactive Media, Murdoch's company may be viewing the investment as a value-added resource for MySpace.com, which Murdoch's FIM bought last year. FIM also owns and operates IGN, a leading gaming and entertainment site; Scout.com, a dynamic collegiate and pro sports network; AskMen, a leading men's lifestyle site, and Rotten Tomatoes, a destination site for movie-goers, among others.
In order for News Corp to purchase Newsday they might have to sell something or they would need a waiver. Or would they according to the rule a broadcast baron can buy a newspaper. There is also question on what market is served by the different media properties. Also, Tribune Co. who owns Newsday and News Corp is experiences legal challenges because of the new rule.
Laptop Computer News Corp. consolidated its web properties through the formation of Fox Interactive Media, which manages the interactive assets from all Fox divisions; foxsports.com, foxnews.com and fox.com.
by Alan Fein News Corp. announced a $3 billion share buyback Monday, distancing its chances of buying Liberty Media.If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. Membership is free. Print This Page June 13, 2005 (AXcess News) News Corp. announced a $3 billion share buyback Monday, distancing its chances of buying Liberty Media. News Corp. executives had indicated that a buyback of shares would be bad for buying Liberty Media's $8.4 billion share ownership in News Corp.
Desktop Computer Representatives from both Foundation Capital and Fox Interactive Media will join Simply Hired's Board of Directors.
Notebooks "Fox Interactive Media's growth strategy is to strategically partner or acquire category leaders and technology innovators that broaden or enrich our users' experience," said Ross Levinsohn, President of Fox Interactive Media. "Our investment in Simply Hired underscores that approach and we look forward to working with them to power job search for a variety of properties on our network."
Lenovo For Murdoch's News Corp., the investment is unique for a web property in that is not in full control of the company, nor has FIM decided who will sit on Simply Hired's board.
Hard Drive Of the $13.5 million invested, News Corp holds the smaller portion to Foundation Capital, though exact amounts were not disclosed Wednesday.
Travelstar News Corp's MySpace.com already has a classifieds section, which Simply Hired will serve as well as classified ads on FIM's other web properties.
Gateway Classified advertising online is the fastest growing segment in online advertising, estimated to reach $30 billion in the US alone and up to $70 billion internationally, making Simply Hired a good prospect for its share of the job market online.
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