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Motricity makes it official: job cuts and reorganization: Firm works to integrate InfoSpace acquisition

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...

Content aggregators navigate through market turbulence

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...

Report: Motricity plans major layoffs

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...

Trials, tribulations and layoffs

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 trims more fat, spins off e-book biz

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...

MERGING MOBILE: Motricity looks to InfoSpace to complete mobile plans

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...

Crack open a good book… on your smartphone

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...

Motricity acquires InfoSpace’s mobile division for $135M: Deal signals InfoSpace’s exit from wireless biz

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...

InfoSpace’s stock skyrockets on online directory sale

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 renews with Conde Nast

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,...

Putting the billing pieces in place: Changing industry forcing new reality

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...

Worst of the Week: The Zander CTIA keynote papers

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...

Icahn gives Motricity cash, credibility boost

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...

Icahn puts $50M into Motricity

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...

Partnership marks Vignette’s foray into cross-platform content

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 launches ringback tones

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 re-ups with Motricity

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...

The gift of mobile

'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...

Motricity shaves 16 percent off workforce

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...

VCs pour more money into content firms, even as established players hit bumps

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...

With $32M more in funds, more buys could be in Motricity’s future

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...

More acquisitions could be in Motricity’s future following $32M funding round

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...

Motricity snares TV relationships with GoldPocket acquisition

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 ‘jumps’ into content management

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...