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Tumblr Raises Another $5 Million in Funding

Tumblr has just announced another healthy influx of cash — $5 million from Spark and Union Square Ventures — nearly doubling the $5.2 million raised in A and B rounds of financing. The popular mini-blog company has been testing and optimizing various paid features for a while and hopes 2010 will bring it further down […]

MySpace Co-Presidents Reveal Company’s Plan for the Future [INTERVIEW]

We had a chance to step into MySpace HQ for a chat with new Co-Presidents Jason Hirschhorn and Mike Jones, who preside over the News Corp.-owned social network from a shared desk in Beverly Hills. The joint office speaks to how closely Hirschhorn and Jones are working together to create a unified vision of the […]