Hi-Media Closes Fotolog Acquisition; Site Still Growing Rapidly

Wednesday, November 28th, 2007

Hi-Media Group has officially completed its acquisition of Fotolog, the photo sharing site the company purchased in August for a reported $90 million. Apparently, Fotolog is still growing quite quickly, reporting 3 million new members since the deal was announced, bringing its total to over 13 million. The ...

Python: Input and VariablesbeRecruited Gets Funding Weeks After Acquisition

Monday, November 19th, 2007

You typically see startups being funded and then being acquired. And they’re usually acquired by a larger company hoping to integrate a niche offering into its suite of consumer sites or advertising networks. But beRecruited did it the other way around. After being acquired by RVS ...