David Kaplan
Feb 22, 2010 11:36 PM
Considering that unemployment is still up double digits and the unemployment classifieds ad revenue continues to plummet, it’s not all that ironic to learn that even recruitment site Monster Worldwide is laying off 200 staffers. The cuts represent about 3.5 of Monster’s global workforce, which is now roughly 5,600. The…
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Advertising, E-Commerce, Classifieds Business, Jobs & Layoffs, Media & Publishing, Newspapers, monster
Rafat Ali
Feb 4, 2010 12:49 AM
Some more sale details of Yahoo’s jobs service HotJobs to Monster, announced earlier today, have come out in an SEC filing. The companies have already announced a three-year “commercial traffic agreement,” under which Yahoo (NSDQ: YHOO) will feature Monster job content on its home page, and has a performance based…
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Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, hotjobs, monster
Joseph Tartakoff
Feb 3, 2010 4:26 PM
Yahoo’s garage sale is finally attracting some buyers. Three weeks after Yahoo sold its Zimbra e-mail and communications platform to VMWare, the company has now sold its HotJobs recruiting site to Monster Worldwide (NSDQ: MNST) for $225 million. The sale comes nine months after Yahoo (NSDQ: YHOO) put HotJobs up…
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Jobs & Layoffs, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, hotjobs, monster
Tameka Kee
Jun 26, 2009 11:09 AM
Search marketing tech and services firm ClickFuel has raised $2.5 million in its first round of funding. Baird Venture Partners led the investment; Baird Principal Jim Pavlik, and Partner Bill Filip are joining the startup’s board. Founded in 2008 by AuctionPal co-founder Colby West, it’s now helmed by Steve Pogorzelski,…
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Advertising, Money, M&A & Venture Capital, Venture Capital, Search, Technologies / Formats, baird venture partners, clickfuel, monster
David Kaplan
Jan 5, 2009 1:42 PM
The Sun-Times Media Group has struck an alliance with Monster.com on forming a series of online recruitment services and co-branded job sites across the publisher’s 70 newspapers. The deal comes over six months after Chicago-based Sun-Times joined the Yahoo (NSDQ: YHOO) Newspaper Consortium, which includes access to Yahoo’s Hot Jobs…
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Advertising, E-Commerce, Classifieds Business, Marketing, Media & Publishing, Newspapers, monster, sun-times media group
Rafat Ali
Nov 26, 2008 10:06 AM
Monster Worldwide (NSDQ: MNST), parent company of Monster, has bought a 50 percent stake in CareerOne, one of the biggest jobs sites in Australia. CareerOne is part of News Limited, the news media arm of News Corp (NYSE: NWS). With this deal, the two companies will offer joint online and…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, News Corp., careerone, monster
Rafat Ali
Nov 10, 2008 5:29 PM
Monster filed its 10-Q last week, and some granular details on its recent acquisitions of Trovix (for $64m, net of cash acquired), Affinity Labs ($61.5m), and the remaining part of ChinaHR ($174m and conversion of $25m credit facility). Also, interestingly, it says its online ad revenues (on Military.com and Affinity…
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Media & Publishing, monster
Staci D. Kramer
Oct 7, 2008 11:03 PM
Monster.com has full ownership now of major Chinese recruitment site ChinaHR.com, spending $174 million on the 55 percent it did not already own. Monster acquired 40 percent in 2005 for $50 million with a promise that it could get the remainder if ChinaHR failed to do an IPO within three…
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Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, China, chinahr.com, monster
Joseph Weisenthal
Jul 31, 2008 3:34 PM
Monster, the incumbent job site, has announced a couple of deals this afternoon, as it looks to fight off upstart competitors, like LinkedIn, Craigslist, Indeed.com and TheLadders… first it has acquired Mountain View-based Trovix, a site that applies semantic search technology to job search. The acquisition price was $72.5 million…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Search, Technologies / Formats, armees.com, monster, trovix
David Kaplan
Jun 23, 2008 4:00 PM
Seeing slow ad growth, deliberate or not, Monster has formed an ad alliance with 19 local newspapers. The move comes just as that industry feels increasingly squeezed by an economic downturn and the industry. Monster first struck an ad alliance with the New York Times Co (NYSE: NYT). in February…
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Advertising, E-Commerce, Classifieds Business, Jobs & Layoffs, Media & Publishing, Newspapers, monster
Rafat Ali
Jun 6, 2008 7:56 PM
Monster is closing down its career assessment and social networking site Tickle, which it bought in 2004 for a price of up to $70 million. Tickle, of those annoying banner ads asking you to take those tests, also owned Ringo, a photo and video-sharing site (started, interestingly, by Bebo founder…
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Social Media, monster, tickle
Staci D. Kramer
May 12, 2008 2:37 PM
Monster.com CEO Sal Iunuzzi says the job site’s outlook for ad growth is slow this year but it’s not a surprise. He told the WSJ: I think the ad business has slowed down because we slowed it down. We took a lot of ads down. I think there is bigger…
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Advertising, monster, sal iunuzzi
Joseph Weisenthal
Jan 10, 2008 5:59 PM
A day after Microsoft (NSDQ: MSFT) confirmed that dealmaker Bruce Jaffe would be leaving, the company was rumored to be looking at buying both Yahoo and Logitech. Meanwhile, News Corp (NYSE: NWS). denied rumors that it has made a bid for Monster. Whether they’re grounded in reality or not, they’re…
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Companies, Microsoft, News Corp., Yahoo, logitech, monster
Joseph Weisenthal
Jan 4, 2008 8:05 AM
Online jobs firm Monster Worldwide has acquired SF-based Affinity Labs, a developer of community sites centered around various vocations, for $61 million in cash. Examples of its portfolio include Policelink.com, NursingLink.com and ArtBistro, each of which offers community, social networking and content related to the stated vertical. Affinity Labs was…
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Social Media, affinity labs, monster
Joseph Weisenthal
Oct 24, 2007 3:18 PM
Monster Worldwide has reported Q3 revenue of $337 million, up 18 percent from $285.8 million last year, helped significantly by international growth. Income fell 17 percent to $33 million, or $.25 per share, from $40 million, or $.31 per share; the quarter included one-time $.10 charges associated with the stock…
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Money, Earnings, monster
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