Jim Townsend
Adicio launches custom mini-mobile sites
Classifieds technology provider Adicio has a new service for its publishing clients: custom mini-mobile sites.
Adicio’s recruitment, automotive and real estate Web platforms are already optimized for mobile. With the new service, Adicio clients can now offer advertisers their own branded mobile classified presence, with custom content, vanity URLS, flexible color themes, instant alerts and more. Continue reading
Alibaba prepared for market volatility
By DON GASPER
Alibaba.com, the China-based firm that is the biggest business-to-business e-commerce services provider in the world, has warned that market turmoil experienced in the third quarter of the year is likely to continue. However, it says it is determined to continue focusing on upgrading its business model. Continue reading
Global economic uncertainty slow down hiring in India
Groupon $13 billion market cap
Nice first-day showing: Groupon opened its first-day trading on NASDAQ Friday (GRPN), bringing in about $700 million in cash for a market cap of nearly $13 billion.
Almost 50 million shares were traded after the opening bell on Wall Street. Opening price was $30 — $10 higher than target. By the end of the day, stock prices had settled at just above $26.
It was the largest IPO in U.S. Internet trading since Google, which raised $1.7 billion in 2004.
The IPO was much talked about by financial pundits who either looked for it to wake up Wall Street or looked for it to lure traders away from other investments with more of a history of doing business. Lots of stories on the Web.
Feds, Facebook in jobs initiative
By Jim Townsend
The U.S. Department of Labor launched an initiative with Facebook to help Americans tap into public resources and government programs intended to help American job-seekers find employment.
What you won’t find on the Department of Labor’s Facebook page — facebook.com/socialjobs — are job listings. Not yet, at least.
The initiative is called Social Jobs Partnership, which also includes as “partners” the National Association of Colleges and Employers, the National Association of State Workforce Agencies and the DirectEmployers Association (the folks behind the controversial, and endangered, top-level “dot-jobs” domain). The Department of Labor said it hoped to bring Twitter into the initiative along with other social-media sites, including LinkedIn. Here’s the L.A. Times’ Continue reading
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