Monday, June 26, 2006Vitesse Delisted By NasdaqCamarillo-based Vitesse Semiconductor said late Monday that its stock is being delisted from the Nasdaq National Market, as of June 28th. The company, which trades on the Nasdaq as VTSS, has been under increasing pressure after being targeted by the SEC under an industry-wide, options grant backdating investigation. Earlier, the company delayed the filing of its quarterly results, restated results, and fired its CEO, CFO, and EVP. Vitesse said that it believes that its common stock will trade in (More info...)
posted on Monday, June 26, 2006(Full story)
ContentNext Gets Venture FundingContentNext, the Santa Monica-based company behind paidContent.org, MocoNews.net, and ContentSutra, has received a venture round of funding, the company announced this morning. Funding came from Greycroft Partners, a new venture capital firm run by Alan Patricof. The amount of funding was not disclosed. The company started out as a blog run by Rafat Ali, covering digital media and content. Ali announced the funding in his blog this morning, saying that the company has hired a new COO, Jeff Stern (More info...)
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Interview with Bill Stenstrud, Enterprise Venture Capital/MuzeBill Stenstrud is a Managing Director at Enterprise Partners (www.epvc.com), a San Diego-based venture capital firm. He's also interim CEO of Muze (www.muze.com), a New York-based digital music company and portfolio firm. Enterprise owns Muze, and also recently purchased the Seattle operations of Loudeye. I spoke with Bill about what Enterprise is doing with Muze, the business there, and also other investments the firm has been doing.
Ben Kuo: For those who aren't familiar with it, what is Mu (More info...)
posted on Monday, June 26, 2006(Full story)
X1 Unveils Free Enterprise Desktop SearchPasadena-based X1 Technologies has rolled out a new, personal desktop search tool targeted at businesses. The firm said today that it has a new, free desktop search tool that is available for enterprises, that allows users to search desktop email, calendars, and documents. X1, which provides Yahoo with its desktop search product, said that the free client application disables features that can affect Exchange and network performance. The tool is bundled with Yahoo! Toolbar.
posted on Monday, June 26, 2006(Full story)
RazorGator Signs Deal With Online MarketplaceLos Angeles-based RazorGator, a company that provides event ticketing services to sports and entertainment events, announced this morning that it has signed a deal to make its services available via the Rearden Commerce Network. Rearden Commerce operates an online marketplace targeted at employee travel and services. The company said that employees using Rearden Commerce's system to book flights, hotels, and other travel can also use book event tickets as part of the service. RazorGator is backe (More info...)
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Broadcom In Motorola Q WinIrvine-based Broadcom has been designed into Motorola's new Mobile Q handset, the company said today. Broadcom said that its wireless Bluetooth silicon and software is integrated into the Moto Q Smartphone, and marks the first major handset that uses the company's Widcomm software. Broadcom purchased San Diego-based Widcomm for its Bluetooth software in 2004. Broadcom's software supports the Windows Mobile 5.0 platform. The software is being used to power connections to PCs, allow for audio stre (More info...)
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MegaPath Launches Threat Management ServiceCosta Mesa-based MegaPath, a provider of virtual private networks and managed IP services, is targeting the security space with a new managed security service. MegaPath said that it has launched a new service it calls SecureConnect to help businesses safeguard their information assets. The new service provides attack mitigation, firewall, IDS, and other security services. The company disclosed that Jamba Juice was one of the customers using the company's new security services. MegaPath is backed (More info...)
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Fandango, IAC Partner On Movie TicketingLos Angeles-based Fandango, which provides online movie ticket purchases, has inked a deal with IAC Search & Media, the owner of Ask.com, Excite, iWon, and My Way. Fandango's services are now available through all of those web sites. Fandango said that the new relationship was launched in partnership with Tribune Media Services, and provides both movie purchases and movie listings, reviews, and ratings to those web sites. Fandango provides on line movie ticketing for movies. IAC owns Ask.com, Ex (More info...)
posted on Monday, June 26, 2006(Full story)
Stamps.com, Smithsonian In Postal PromotionLos Angeles-based Stamps.com is promoting a new contest that gives its users a chance to display their own custom postage at the Smithsonian National Postal Museum. Stamps.com said today that customers who order stamps at the company's popular PhotoStamps service can win a chance to have their stamp displayed at the Smithsonian Naitonal Postal Museum. The company said that anyone who submits an image to the contest will have a chance to win a chance to have their photos displayed at the museum. (More info...)
posted on Monday, June 26, 2006(Full story)