Weekly Money Trail- 08/01/2008
Weekly Money Trail- 08/01/2008 August 1st, 2008 at 11:08pm San Francisco, TrueAnthem Launches with new Music Model and $2M TrueAnthem Corp. hopes to revolutionize the music industry with a new model based on monetizing music through widgets and in-song ad insertions. http://trueanthem.com San Diego, Associated Press Backs Mobile Software Co. Verve Wireless Global news service Associated Press has made a foray into early-stage investing, leading a $3 million Series B round for mobile publis
http://urbantech.bluemonitor.com/?p=309
Mercora aka Social.fm has closed
Reports are on the web about Social.fm - the word is that it has closed shop. Ive heard of Mercora before, of course, but have not actually used it. It was supposed to be one of those music discovery services. Recently Mercora re-branded as Social.fm, going into the me-too game of trying to be a social network as well. Nobody posted the official reason for closure, but it stands to reason that a few factors have contributed: First, theres now too much competition for music discovery (and s
http://www.arishohat.com/2008/08/04/mercora-aka-socialfm-has-closed/
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