alarm:clock

News & Updates - Thursday, May 31, 2007

MojoWatch: LastFM, Spotrunner, Entropia, Football, Clearmesh, Joyo, Spam King, Attributor, Fake blogs,

Mojo Found + LastFM's 3 founders get to enjoy $38M apiece from their sale to CBS. Investor Index gets$56M and German investor Stefan Glaezener will get $44M. + Attributor. VC-backed online copyright protection's Attributor has won a big first deal to protect AP. + Chinese Virtual Economy. Entropia Universe has been chosen by the Beijing Municipal People's Government supported online entertainment company Cyber Recreation Development to create a cash-based virtual economy for China. + Spotrunner. VC-backed Spotrunner, which enables canned, low-cost video ads, has done an interesting partnership with LexisNexis to market video ads to local lawyers. + Football. Famed tech banker Bill Hambrecht has teamed with Google exec Tim Armstrong on an alternative to the NFL. They each ponied up $2M. Mojo Lost + Clearmesh. Pasadena-based Clearmesh shut its doors after its funder, Idea Lab, grew tired of it. The company made ireless optical broadband equipment that apparently nobody wanted. + Fake Blogs. For those who want to blog but don't have time, this company offers software to auto-blog for you. + Spam Ass behind bars. One of the kings of spam has been sentenced to jail. + Joyo. No joy for Amazon's China subsidiary Joyo as about 20%... Continue...