One good thing to come out of MySpace’s slow demise: a bunch of former employees are creating startups left and right, mostly in Los Angeles and helping to grow the startup ecosystem there. We’re tracking Gravity, Mindjolt, Gogobot and Beachmint. And we’re adding one more to the list.
MySpace Karaoke launched today. I had actually forgotten about this, but the site is powered by kSolo, an online karaoke service that MySpace parent company Fox Interactive Media acquired back in April 2006. Yep, it took them two years to rebrand and relaunch it. kSolo joins Newroo as the other startup Fox acquired in 2006 that has sort of languished. After acquiring Newroo (March 2006), MySpace… → Read More
In March, Ross Levinsohn, president of Fox Interactive, said he’d acquire five or so new companies in the near future. On Monday morning they’ll announce two of them. The first announcement is a confirmation of the previously rumored NewRoo acquisition. The second announcement is the acquisition of New York based kSolo, a service that enables its users to create, share and rate their… → Read More
Fox Interactive is in the closing stages of acquiring unlaunched startup NewRoo for “less than $10 million,” according to very reliable sources. This follows Fox Interactive President Ross Levinsohn’s dramatic announcement at a recent UTR conference that “they’ve acquired someone in this room,” leading to serious blog speculation as to who the acquired company… → Read More
I’ve written about two new real-time news aggregators today, Megite and Newroo. The space is clearly hot, with both funded and unfunded companies rushing to release products. The goal? Leverage all of the great edge blog content out there, figure out what’s hot at any given time by analyzing who’s linking to who (as well as other tools) and presenting that hot content to users. → Read More
San Francisco based Newroo, founded by Brown University graduates Brian Norgard and Dan Gould in 2005, is just two weeks away from launch. Like Megite, Newroo is ultimately addressing the same market as Memeorandum. However, they have a number of squidoo-like features (this is meant as a compliment) to allow anyone to create their own topic-based version of the main service. The basic engine is… → Read More