It’s Official
News Corp. buys stake in online job site
The media giant is investing in online job search engine Simply Hired. Deal is the latest addition to Rupert Murdoch’s growing Internet empire.
NEW YORK (CNNMoney.com) – It may soon get easier for members of the MySpace generation to find a job.
News Corp., the media giant which owns the popular social networking site, announced Wednesday that it is making a strategic investment in Simply Hired, a privately held search engine that combs through online job listings.
News Corp., through its Fox Interactive Media unit, is investing $3.5 million in the company. Venture capital firm Foundation Capital is investing $10 million. Simply Hired said that including these investments, the company has now raised a total of $17.7 million.
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News Corp. buys stake in online job site
“Simply Hired will power job search across FIM’s sites—which include MySpace and sports and entertainment networks—and attract 70 million worldwide users. MySpace already has a classifieds offering, though it is not emphasized.” - Red Herring
April 19 2006 05:11 pm | trabajo
April 20th, 2006 at 4:22 pm
congrats! you should celebrate by partying with your cube neighbor.
April 20th, 2006 at 10:59 pm
Better yet, Cube Wars! Buy a bunch of cool weaponry with that money and play the new game: Settlers of SimplyHired.com!
April 21st, 2006 at 9:09 am
lol! i’ll trade you 3 staplers for a bottle of White-Out.