Hamburg, Germany based XING, a global professional social network that’s strong in Europe, has acquired New York based socialmedian for an undisclosed amount approximately $7.5 million in total, a mix of $4 million in cash up front and an earn-out valued at between $700,000 to $3.5 million (€0.5 million-€2.5 million) payable over three years. Socialmedian’s founding CEO Jason Goldberg is… → Read More
Just off its first major upgrade, socialmedian, a service that lets users find and share news from within their social networks, announced today that it’s offering a new feature called “replize,” which enables sociamedian users to interact with each other using @username short codes, much like Twitter. But according to the company, its @username functionality is one of the most advanced in the… → Read More
socialmedian, which has come under fire as of late for trying to use Twitter as means of raising $500,000 in venture funding, announced Thursday that it has launched its first major upgrade since the company started and its improvements will finally address some of the concerns its users have had since its inception.
First off, the new socialmedian will make it easier for users to get content… → Read More
SocialMedian founder Jason Goldberg wrote a Twitter message moments ago letting people know that they are raising a new round of funding, up to $500k, and to contact him if you’re interested. Great way to get investors, right? Exactly not – the whole purpose of the Securities Act of 1933 is to prohibit public offerings like these unless accompanied by a registration statement and a… → Read More
There is no shortage of social news aggregators looking to help users cut through the noise on the web. Digg is by far the most popular, with similar offerings from Reddit, Newsvine, and a host of others. Today, Socialmedian (not to be confused with SocialMedia, the ad network) is launching its own take on social news. The site has just launched in public beta, and can best be compared to Digg… → Read More