New Briefs Articles

MRM Worldwide acquires Starsky

May 16, 2008

MRM Worldwide has acquired digital strategy agency Starsky, one of the largest agencies of any discipline in Sweden, and merged it with its operation in Stockholm. The new entity is now known as MRM Starsky Worldwide. Terms of the deal were not disclosed.
 

Altelterian to acquire Mediasurface

May 16, 2008

Altelterian has announced plans to acquire Mediasurface, a Web content software company. Alterian's objective is to expand the online execution capabilities of its platform to encompass Web sites, corporate intranets, extranets and social media channels. Terms were not disclosed.
 

Baldwin, Young & Rubicam Exec, dies

May 16, 2008

Gerald Bernard Baldwin, a 23-year veteran of Young & Rubicam, died May 10 from prostate cancer. He leaves behind his wife, three sons and four grandchildren. Baldwin was known for championing the development of cable TV, DRTV, bartersyndication, unwired radio and TV networksand infomercials.
 

American Diabetes Wholesale launches affiliate

May 16, 2008

American Diabetes Wholesale, a discount provider of diabetic supplies, has launched an affiliate program on the Performics network. MoreVisibility will help the nonprofit launch and manage the affiliate program.
 

Microsoft directors meet to discuss Yahoo

May 02, 2008

Microsoft's directors met April 30 to discuss its possible bid to purchase online search giant Yahoo. There were speculations the company would offer a higher bid than the original $44.6 billion one. Microsoft CEO Steve Ballmer threatened to start a proxy fight to oust Yahoo's board if the two companies did not reach a negotiated deal by April 26. However, that deadline has passed with no action. On May 1, Ballmer reportedly told staff a decision on whether to lead a hostile takeover or raise the bid would be announced soon.
 

United Online Inc.acquired FTD

May 02, 2008

FTD Group Inc., the online floral delivery business, was acquired for $456 million by United Online Inc., which owns social networking site Classmates.com and customer loyalty site MyPoints.com. The deal is expected to close in the third quarter of this year.
 

Amazon files complaint against tax law

May 02, 2008

On May 2, Amazon filed a complaint in New York Supreme Court objecting to the state law approved by Gov. David A. Paterson last week, which requires out-of-state online retailers to collect taxes on everything sold in the state if it has agents or affiliates in New York. Amazon, which has thousands of affiliates with New York addresses, is contesting the constitutionality of the law.
 

Online fraud up to $240M

April 14, 2008

Americans reported $240 million in online fraud losses in 2007 to the Federal Bureau of Investigation, an increase of $40 million from 2006, according to the FBI's National White Collar Crime Center. Credit-card fraud accounted for 6.3%, check fraud accounted for 6%, computer fraud accounted for 5.3%, and identity theft accounted for 2.9% of all complaints filed.
 

Former AB&C Group employees file compensation complaints

March 31, 2008

Former employees of AB&C Group, the fulfillment arm of recently shuttered BlueSky Brands Inc., have filed legal complaints against the companies for failure to compensate workers. Attorney Paul Taylor has filed a civil action suit in Jefferson County, WV against AB&C, BlueSky and the private equity firm Reli­ant Equity Investors, which owns BlueSky. Robert Pulciani, CEO of BlueSky; Thomas Darden Jr., managing director of Reliant Equity; and Philip Wax, CFO of AB&C, were also named in the suit. Neither any named parties nor any other representatives from BlueSky could be reached.
 

Hallmark Flowers folds

March 21, 2008

Hallmark Flowers, a subsidiary of Kansas City, MO-based Hallmark Cards, plans to shut down its 7-year-old direct-to-consumer flowers and gifts business by the end of April. Nearly 100 employees will be affected by the decision, which came after an internal analysis of Hallmark's business determined that operational investments required may not be recouped. Hallmark.com will continue to sell premium e-cards, paper cards, print-on-demand cards, digital greetings, and stationery products; the site also offers free e-cards, company details, and information about Hallmark Gold Crown stores.
 
 
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