News & Updates - Monday, December 17, 2007
Mojo Watch: Blue Frog, Slickcash, Newsburst, Zango, Linden Labs, Gawker Media
Mojo Found
+ Linden Labs' and Gawker Media's tops dogs seem to have made holiday resolutions that the want more face time with their product. Linden Labs' CEO Philip Rosedale has fired his long-time CTO Cory Ondrejka. Rosedale seems to be fed up with site crashes and a slow to arrive new UI. Meanwhile, Gawker Media head Nick Denton appears to have plans to serve as Managing Editor of the blog network's namesake site Gawker.com.
+ Recently funded Bill Me Later is displaying stunning growth during the holiday run-up.
+ Viral Content/Ads. Office Depot has knocked it out of the park with its viral ads Elf Yourself.
+ Online furniture sales are on a tear. Who says only small box size eCommerce can work?
Mojo Lost
+ RSS reader Newsburst, which was bought by CNET, has gone black. This news came within days of news that rival Newsgator had raised a further $12M. The RSS reader market is a proven dog.
+ Facebook is suing Canadian online porn firm SlickCash for seeking to hack into Facebook user data.
+ Seattle's Blue Frog has laid-off about 55 of its staff and shut down its Mexican channel.
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