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MySpace, once the hippest place in the galaxy for teens to hang out online, could have been the Facebook for millennials, but then Murdoch’s News Corp. got its hands on the fast-growing social media pioneer and ran it nearly into oblivion.
News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.
Westlake Village-based LTC Properties, Goleta-based Deckers Outdoor Corp. and Move Inc., whose headquarters are in the Bay Area but has most of its employees in Westlake Village, were on a yearly ranking produced by UC Davis. Each year, the school surveys publicly traded companies in the state to find which have the most women among their boards of directors and highest paid executives.
Online real estate company Move has purchased Relocation.com, a marketplace for homebuyers, renters and moving and storage professionals, for $11.5 million in cash. Move, which also operates Realtor.com and Move.com, said the deal represents another step towards its ultimate goal of creating a one-stop online shop for home buyers and renters. “Our goal is to Read More →
By Dana Olsen / Friday, September 7th, 2012 / Features, Tri-County Economy / Comments Off on Magellan’s packs its bags: Travel supplier moves HQ to Denver
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