Tag Archives: The Washington Post
The Washington Post Subsidiary SocialCode Hires 15 Digg Employees
SocialCode is a social media advertising company and subsidiary of The Washington Post Co. SocialCode has announced that they have hired 15 employees from Digg.com. Digg was one of the most popular Silicon Valley companies where millions of people voted on the top news stories every day. They have declined in the last few years because of poor redesigns and constant unpopular changes. Many of their users flocked to Reddit or Twitter to distribute news to their friends.
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Some Facebook Social Readers Start Dropping Rapidly
Some Facebook Social Readers are dropping at a rapid pace. Publications such as The Guardian UK and The Washington Post are seeing their social readers drop in traffic at a rapid pace because users are abandoning the tools. The Washington Post grew their social reader to almost 18 million users last month, but now they are at 9.2 million.
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Categories Facebook, Guardian Media Group, The Washington Post
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The Washington Post Rumored To Be Hiring Tech Team At Digg
There has been a rumor that Digg is being acquired by The Washington Post. However it turns out that The Washington Post is poaching a lot of talent from Digg’s technology team. The morale at the company has been low ever since Digg founder Kevin Rose left the company to start Milk. Milk was acquired by Google and Rose is now employed at the search engine company. The Washington Post is planning to place the new hires alongside the people that built The Washington Post Social Reader Facebook application.
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Categories Digg, The Washington Post
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Gay Social Network Fab.com Raises $8 Million
Fab.com is a social network for gay men that used to be known as Fabulis. Fab.com has raised $8 million in Series A funding.
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Categories A-Grade Investments, Ashton Kutcher, Baroda Ventures, Ben Ling, Dave Morgan, David Tisch, Don Baer, Fab.com, First Round Capital, Guy Oseary, Jason Goldberg, Jon Anderson, Josh Kusher, Kevin Rose, Menlo Ventures, SoftTech VC, SV Angel, The Washington Post, Zelkova Ventures
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The Washington Post Buys iCurrent
The Washington Post Company has bought out iCurrent, a service where people can view news according to their interests. There is no word on what the acquisition price, but VentureBeat speculates that it is above $5 million. iCurrent was funded by Crosslink Capital, who plugged in about $3 million since the news company started in 2007. [VentureBeat]
Categories Crosslink Capital, iCurrent, The Washington Post
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The Washington Post Looking For Buyer Of Newsweek Magazine
The Washington Post has announced that they are exploring the possibility of selling Newsweek Magazine. Newsweek has been losing money and The Washington Post chairman Donald Graham said that the magazine might be a better fit elsewhere. The Washington Post hired Allen & Company to help find a buyer. Newsweek launched in 1933 and was acquired by The Washington Post in 1961. [BBC]
Categories Allen & Company, Donald Graham, The Washington Post
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