Founders of YouTube Buy Internet Bookmarking Service Delicious from Yahoo!
Although you may have never heard of Chad Hurley and Steve Chen, you’ve certainly heard of the wildly popular site that they founded: YouTube. These…
acquisition
First Niagara Cuts Roughly 230 NewAlliance Jobs
New Alliance Bank in Connecticut has announced 229 layoffs to occur from April 15 to January 2012. Employees working in back-office operations in its Manchester…
Xcel HR Purchases Leading PEO In Maryland: Astra HR
Maryland's largest Professional Employer Organization (PEO), Astra HR, has been acquired by a Xcel HR, making the Xcel the region's top PEO. The move makes…
English Law Firm Acquires HR Firm
Turner HR, a British human resources business, has been acquired by law firm Clarke Willmott, for a reported six figures. The buyout is meant to…
Over 500 Staff Face an Impending Layoff at MySpace
MySpace, a California-based social networking website turned social entertainment hub, is about to slash over 50% of its workforce due to the company’s continuous sales…
Xerox Adds HR Firm
Xerox subsidiary Affiliated Computer Services has purchased HR firm ExcellerateHRO LLP (EHRO) for a reported $125 million. About 350 organizations are currently on EHRO's client…
Adisn Purchased By CrowdGather
Digital Media Wire: CrowdGather, one of the leading networks of community forums, announce today that it has purchased its own digital advertising agency, Adisn. The…
Morgan Stanley Weighing More Job Cuts
Due to growing costs associated with the integration of Smith Barney, Morgan Stanley has plans to shut down 300 branches and could let go as…
MDC Buys IMS
Holding company MDC Partners (NASDAQ: MDCA) has acquired a majority interest in ad-optimization firm Integrated Media Solutions. IMS will become part of MDC's Performance Marketing Services Group, specializing…