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Glam Media bends under pressure, delays payments to publishers

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2008-11-04 21:29:39 by Sardar Mohkim Khan in Startup Meme
...payments of the publishers. This occurs die to delayed payments from advertisers and turns out to be one part affecting the other. In an email to publishers, Glam media stated Dear Publisher Please be advised that to better prepare for the current financial situation, Glam anticipates a significant slow down in collection payments from...
 
 
 
 
 
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Glam Makes Big Cuts In Publisher Payments - Up To 80% Drop In Revenue

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2008-03-29 19:09:41 by Michael Arrington in TechCrunch
...payments to publishers, just a month after raising an $85 million round of financing Scott Swanson, Glams GM and Vice President, told publishers in an email (full text below) that house ads that were served for unsold inventory were being discontinued as of March 25, except to fulfill minimum commitments that Glam has contractually agreed to...
 
 
 
 
 
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Twitpay.me - Send Payments Using Twitter

2008-11-20 09:49:00 by HASH0x8472e2c in KillerStartups.com - all
 
...payments using the popular micro-blogging platform This is implemented in the following manner. First of all, you have to fund a Twitpay account via PayPal. The amount of this account can vary between 10 and 50 US$. Once the account has been created, you can make payments to any person simply be tweeting. That is, if you want to pay Mark...
 
 
 
 
 
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Gawker Media affected by the financial crisis: Lays off 19, suspends bonus payments

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2008-10-03 20:33:39 by Shoaib Hashmi in Startup Meme
...payments at the start of next year. Further more 10 new people will be recruited on the commercially most successful sites According to the memo by Nick Denton 2009 will be exceptionally difficult. Will this decision make any difference? Well I think probably it is not going to make a huge difference but yes, cutting bonus payments will cause...
 
 
 
 
 
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Glam Changes Publisher Agreement Publishers to Get Payments After 4 Months

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2008-11-04 19:16:36 by Bilal Hameed in Startup Meme
...payments from advertisers. Therefore we will need to align the expected timing of payments from advertisers with the payments we make to our publishers. Accordingly, as of November 1, 2008 the revenue payments will now be scheduled on 120 day payment terms via TechCrunch Related Articles at Startup Meme ClickPass embeds Google, Hotmail,...
 
 
 
 
 
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Facebook delays its own payments system

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2008-12-31 03:13:39 by Shoaib Hashmi in Startup Meme
...payments system for users and application developers. The payments system was similar to PayPal According to a Facebook representative Weve been excited by advertising and payments solutions provided by the market, and we currently do not have anything to share around a Facebook Payments system at this time Though the system is not coming up...
 
 
 
 
 
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$8 Million raised by Payoneer to ease MasterCard payments

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2008-08-06 15:32:15 by Shoaib Hashmi in Startup Meme
...payments globally. According to the companys website At Payoneer, we understand the need to make payments quickly and easily in todays fast progressing web business environment. Payoneer is a privately-held company, a registered MSP with MasterCard, and is operated by a team of experienced financial and technology veterans This is why we...
 
 
 
 
 
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MySpace soon to add Payments and Virtual Gifts to its platform

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2008-11-08 12:04:28 by Saad Ali Abbasi in Startup Meme
...Payments and Virtual Gifts, as the top social networks compete against each other. With the Advertising business going down, all theres left for these social networks to turn to is to charge for apps on their platform, or sell things through these apps. At the Web 2.0 Summit, MySpace COO Amit Kapur unveiled the platforms plan to add a...
 
 
 
 
 
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iiProperty adds tenant-side rent payments, rebrands as Rentomatic

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2008-01-08 23:11:00 by Josh Lowensohn in Webware.com
...payments. For many folks, the biggest monthly expense is rent, and the process of sending off a check, or coordinating payments with roommates to keep a roof over your head is a juggling act. Rentomatic (which rolls off the tongue a lot easier than its predecessor iiProperty) is aiming to help change that for people in apartment buildings...