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Square, Yahoo designer joins NextDoor

Hyper-local online community NextDoor has hired Paco Vinoly, who most recently led creative design at Square.  NextDoor also just announced new partnerships with local agencies throughout the U.S. These include the police departments of Seattle, Wash. and Odessa, Fla; metro Nashville, Tenn. public schools; and the Los Angeles, Calif. city attorney’s office. Now one third of all U.S....

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Revenue down at Ringier, despite solid classifieds performance

High growth rates in the digital business cannot yet offset classifieds and corporate advertising losses at Swiss media company Ringier AG. Although Ringier reached the medium-term growth goals set for its digital business, the strategy to transform into a diversified media company cut revenue and profitability again in financial year 2014. In FY2014 overall revenue were down 3.7 percent to CHF...

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58.com takes minority stake in Ganji — and Tencent shores up its investment

China’s classified behemoth 58.com is buying a 43.2 percent stake in rival Ganji.com by issuing 34 million new shares and paying an additional $412 million (U.S.) in cash. In a news release, 58.com said that as part of the deal, China’s Tencent Holdings Ltd., which owns about 20 percent of 58.com, will make an additional investment of $400 million —  presumably to limit the...

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Top managers at TMG face the axe

According to Dutch media, around forty chief editors at the Dutch media group Telegraaf Media Group (TMG) may lose their jobs as a result of the on-going re-organization, and commercial director Marc Albert just announced his departure (article here in Dutch). TMG has not yet confirmed the rumored departure of forty staff members. Earlier TMG announced the visions of the future course the...

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LinkedIn ads stink, says SEM expert

According to search engine marketing expert and WordStream founder Larry Kim, LinkedIn ads “stink” because LinkedIn’s marketing of them and marketing delivered by them are also odoriferous. In a Small Business Trends article, Kim points out that LinkedIn’s 93 million “active” users only managed to generate $153 million in advertising revenue for LinkedIn in the...

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Yelp expands ecommerce, adds Taiwan

Thanks to New York City-based online booking startup Vimbly, a Yelp visitor can buy items as well as prepay for bookings from another 5,000 vendors such as Grand Canyon Railway, GolfNow, BloomNation, and TableList. They can buy via their mobile device or computer, and right from the review veteran’s website. The Yelp blog has more.   Yelp has also increased its expansion into Asia by...

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