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Report: Veoh Files For Bankruptcy

socalTECH

San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Veoh had raised over $67.5M in funding from such firms as Goldman Sachs, Intel Capital, Shelter Capital Partners, Spark Capital, The Tornante Company, and Time Warner. Veoh had raised over $67.5M

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Veoh Claims Win Over Universal Music

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Los Angeles- and San Diego-based video sharing site Veoh is claiming a major win today over Universal Music group, saying that a federal judge has thrown out a copyright infringement lawsuit against the firm. Veoh had been sued over user videos using music from the label in September of 2007. READ MORE>>.

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Veoh In International Partnership

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Los Angeles- and San Diego-based Veoh Networks, a provider of Internet video sharing services, said today that it has entered into a partnership with Axel Springer Digital TV Guide GmbH. According to Veoh, Axel Springer is in a strategic international partnership with the firjm, specifically in Germany.

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Report: Veoh Planning Major Layoffs

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San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. Quoting a "source close to the company" VentureBeat said that the layoffs would be "drastic." Veoh laid off 20 percent of its employees in November. READ MORE>>.

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Koji Connects With $20M More

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The company says it has now raised a total of $36M. Shapiro previously founded the video sharing site Veoh, and also was the CTO of MySpace, in addition to serving at Google. Koji was founded by startup veteran Dmitry Shapiro, along with Sean Thielen.

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StockTwits Names COO

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Costello was most recently COO at Veoh Networks, and has also served at Akonix Systems, Entrypoint, and McKinsey & Company. San Diego-based StockTwits , the online social media service focused on trading stock tips and information, has named Francisc Costello as Chief Operating Officer. READ MORE>>.

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Debating Some of the Issues of Our Time with Dmitry Shapiro

Both Sides of the Table

We talked about how his new company, AnyBeat , will be a difference kind of social network. I’ll let you watch the video to find out what we thought , but we covered: Why YouTube took off when Veoh and others didn’t. He’s back in the game as an entrepreneur and this time he wants to take on Facebook. Or does he?

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