Tuesday, December 20, 2005WebSideStory Loses CFOSan Diego-based WebSideStory has lost its CFO to Cost Plus, the firm reported yesterday. Tom Willardson, the company's CFO, will leave WebSideStory in January to become EVP and CFO at retailer Cost Plus. Willardson is currently on the board of the Cost Plus. WebSideStory said that it will initiate a search for a new CFO immediately, with CEO and Chair Jeff Lunsford covering the duties of the CFO until a replacement is found. WebSideStory is a provider of web analytics, content management systems (More info...)
posted on Tuesday, December 20, 2005(Full story)
Sennari Hires CFOLos Angeles-based Sennari Entertainment has added Mike Lee as Chief Financial Officer. Loo has served at Oracle, Sybase, and Vantive Corporation/Peoplesoft. He was Chief Accounting Officer and VP Finance at Vantive/Peoplesoft. Sennari is a provider of mobile applications targeted at the mobile phone market. The company is targeting creating loyalty programs for mobile carriers.
posted on Tuesday, December 20, 2005(Full story)
Fonality Ships SoftphoneLos Angeles-based Fonality said yesterday that it is shipping a low cost, softphone and bundled headset targeted at small businesses. The company said that the product provides 4-digit dialing for mobile workers and telecommuters into a common system, connecting headquarters, branch, and home offices with a desktop or laptop-based call system. The sytem includes caller ID, teleconferencing, least-cost routing, and unified messaging. The PBXtra Softphone connects to office systems using VoIP, and (More info...)
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Buy.com Cuts Price, Delays IPOBuy.com cut its initial public offering price to $8 per share, down from an initial $11-13, and has apparently delayed its IPO, according to market reports. The company, which had filed to sell 4.2M shares in an IPO, said Friday in a regulatory filing that it was changing the offering price for its shares to $8.00, down from its earlier estimates. The IPO is being underwritten by Thomas Weisel Partners and Stifel Nicolaus, with the stock approved to trade on the NASDAQ as BUYY.
posted on Tuesday, December 20, 2005(Full story)
SpaceX Rocket Suffers Launch Damage, Scrubs LaunchEl Segundo-based SpaceX, the launch payload firm headed by former PayPal founder Elon Musk, has scrubbed its second attempt at a launch of its Falcon launch vehicle. The company reported that its first stage fuel tank suffered structural damage, due to a faulty pressurization valve and an electrical fault. The company said that it will re-attempt a launch until early next year. The rocket's payload is FalconSat-2, an Air Force Academy satellite for measuring space plasma. Falcon's initial Novemb (More info...)
posted on Tuesday, December 20, 2005(Full story)
World of Warcraft Hits 5 Million UsersIrvine-based Blizzard Entertainment is reporting that its immensely popular World of Warcraft online role playing game (RPG) has hit 5 million users. The massively multiplayer entertainment service said that the subscription service's growth exceeded all of its expectations. The World of Warcraft game puts online players in an online world with quests, monsters, and a focus on fantasy and adventure. The service has even spawned its own economy, with trade in virtual weapons and armor. World of W (More info...)
posted on Tuesday, December 20, 2005(Full story)