Motricity Inc. finally made it official, announcing that it will slash 250 jobs over the next nine months and move its headquarters from Durham, N.C. to the Seattle area.The moves, which were first reported last week, are an effort by Motricity to streamline its...
The field of mobile content aggregators has seen more casualties than a "Terminator" movie. For the few remaining players, though, there's still plenty of money to be made in going directly to consumers with goodies like games, wallpapers and - believe it or not...
Motricity is slashing roughly one-third of its workforce and considering moving its headquarters, according to a report from WRAL.com citing multiple sources. The Durham, N.C.-based mobile content company will eliminate roughly 200 jobs as it streamlines operations following the recent $135 million acquisition of...
Raise your hand if you were shocked by those reports of big layoffs at Motricity.Yeah, me neither. Sadly.The heavily funded Durham, N.C.-based mobile content company is said to be slashing nearly a third of its 650-employee workforce in the wake of its acquisition of...
Motricity continued to streamline its business, spinning off its retail electronic book business to eBook seller Fictionwise Inc. for an undisclosed amount.The eReader business was a division of PowerByHand, a Tennessee startup that merged with North Carolina's PinPoint Networks four years ago to form...
Motricity Inc. sees more than just a mobile search engine in InfoSpace's mobile business. It sees a kind of wrecking ball.The Durham, N.C.-based mobile content company is putting the finishing touches on its $185 million acquisition of InfoSpace's mobile operations, which was announced last...
Looking for a few good books for your smartphone? Motricity might be able to help.The content company said that its eBook customers will be able to purchase and receive eBooks over-the-air directly to their smartphones, and that its eReader Pro for Windows Mobile technology...
Shares of InfoSpace Inc. shot skyward after the company said it will sell its mobile services division to Motricity for $135 million in cash.Motricity will acquire InfoSpace's managed services infrastructure for mobile carriers, including technology and services such as mobile search, storefronts, portals and...
Shares of InfoSpace Inc. soared for the first time in months after the company said it will sell its online directory business to Idearc Inc. for $225 million in cash.The buffeted company said the tax-efficient deal will help it capitalize on net operating losses...
Motricity Inc. will continue to deliver mobile content from Conde Nast's portfolio of magazines and Internet sites.The Durham, N.C.-based mobile content firm announced a two-year renewal of its deal with the publisher, which owns publications such as Architectural Digest, Bon Appetit, The New Yorker,...
Despite the prevalence of end-to-end billing systems as operators have consolidated in recent years, some companies may prefer a one-shot solution to a particular problem without the expense and effort of replacing an entire system. According to Forrester Research senior analyst Michele Pelino, service...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCR Wireless News to rant and rave about whatever rubs us the...
Motricity Inc. once again added to its bank account, pocketing $50 million in equity funding from controversial investor Carl Icahn. Whether the cash will be enough to see the company through the troubled wireless entertainment waters is uncertain, as the mobile content space increasingly...
Mobile content company Motricity Inc. once again added to its bank account, raking in $50 million in equity funding from controversial investor Carl Icahn.Motricity, which provides and delivers mobile content for carriers and media companies, named Icahn's son Brett to its board of directors...
Vignette is partnering with a couple of well-known mobile partners on a framework designed to manage and deliver content to both PCs and mobile phones.The Austin, Texas-based developer this week plans to unveil its Digital Services Hub, a multichannel offering that optimizes content across...
Alltel Corp. wireless customers who just can't get enough of personalizing their wireless phones now have a new option: ringback tones. The carrier introduced a ringback tone service, and will charge $1 per month for the offering. The fee includes one complimentary ringback tone;...
Cingular Wireless L.L.C., the nation's largest cellphone carrier, announced it will renew its content distribution deal with Motricity. Terms of the agreement were not disclosed."Motricity has reduced Cingular's time to market for new content and increased title selections for their end-users," said Motricity Chairman...
'Tis the season for gifting and Christmas lists a mile long. But what to do if someone's list includes a Tetris download for their cell phone, or a new ringer from Chingy? Some wireless carriers and mobile virtual network operators are seeking to make...
DURHAM, N.C.-Mobile content provider Motricity Inc. will cut 50 jobs in a surprisingly drastic move to cut costs and "optimize the organization." Motricity, which offers both a content portfolio and content delivery technology, will release more than 16 percent of its full-time employees over...
For mobile content players, these are either the best of times or the worst of times. Or, in some cases, both. Investment money continues to flow into wireless content and marketing. Thumbplay Inc., a direct-to-consumer aggregator, hauled in $10 million in a third round...
Motricity Inc. continued to fatten its wallet, snaring $32 million as part of "a larger funding round" that will gradually be disclosed over the next few weeks.The latest round was led by Advanced Equities Inc. and joined by other existing investors. Motricity closed a...
DURHAM, N.C.—Motricity Inc. continued to fatten its wallet this week, snaring $32 million as part of "a larger funding round" that will gradually be disclosed over the next few weeks. The latest round was led by Advanced Equities Inc. and joined by other existing...
Consolidation in the mobile content space remains white-hot, with Motricity Inc. the most recent player to tap the booming off-deck market with the acquisition of GoldPocket Wireless Inc. Terms of the deal were not disclosed.Motricity has gained substantial traction with its Fuel software, which...
Tira Wireless is expanding its porting services and stepping onto the crowded playing field of mobile content management. The company this week plans to unveil the latest version of is flagship product Jump, a software offering designed to port-or customize-applications across the spectrum of...
