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News & Updates - Tuesday, June 26, 2007

Mojo Watch: Quigo, LinkedIn, DailyMotion, MySQL, Safend

Mojo Found
+ Google Adsense competitor Quigo just signed a huge deal with Time Inc. to power their contextual text ads across Time Inc. Properties. They expect $100M in revenues over 3 years.

+ MySQL's looming IPO is highly anticipated. Keeping costs low, the company has only 30 people in sales and most of them work from home. Has it really burned through burned through $41M of its $48M in funding?

+ LinkedIn has hired Tivo's ex-CFO in another step to shore up its IPO. Membership has doubled to nearly 12M users over the past nine months and it is projecting revenues in the $100M range next year.

+ France's YouTube DailyMotion is starting to make headway in the US.

+ Security startup Safend has been chosen by Lenovo to install in its consumer boxes thanks to Intel's support.

Mojo Lost
+ US public Wi-Fi networks hit by a double whammy of political and technical setbacks.

+ Valleywag is hot on the death march trail of Jobster, which it claims is running out of cash in its war chest.