MySpace has extended its war on bloat overseas. This morning the company announced plans to close at least four of its offices outside the U.S. in a bid to reduce costs. Some 300 of the company’s 450 international employees will lose their jobs as a result.
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Russia’s antitrust authorities have dropped the hammer (and sickle) on Google’s proposed $140 million acquisition of online advertising firm ZAO Begun. Interestingly, Russia’s Federal Anti-monopoly Service, FAS, blocked the deal not because it felt it would harm competition, but because Google didn’t provide it with enough information to make that determination.
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It’s not entirely clear what happened, but Russia’s wireless providers appear to have overcome their distaste for iPhone carrier agreements they had previously considered unacceptable. In the past week, two of the country’s major cellular carriers have signed distribution deals that will bring the iPhone 3G to Russia. VimpelCom Group was the first. And now MegaFon says it will begin selling the device in Russia later this year.
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Apple’s iPhone 3G is selling well overseas despite some activation and delivery problems. Deutsche Telekom’s wireless division, T-Mobile has sold 120,000 of the devices since they arrived at market on July 11. “Our (sales) expectations were surpassed,” T-Mobile International CEO Hamid Akhavan told German magazine Focus.
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Having blown its chance to develop LiveJournal into what could well have been an early Facebook, the site’s owner, Six Apart, agreed yesterday to sell it to Moscow-based online media company SUP.
Financial terms weren’t disclosed, though Kommersant reports the deal to be worth some $30 million. The sale comes about a year after Six Apart [...]
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