Mon.Jan 10, 2022

ZipRecruiter Raises $550M In Debt Offering

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Santa Monica-based online employment market operator ZipRecruiter said on Friday that it is raising $550M in debt, via 5.000% Senior Notes due in 2030, up from an earlier announced $500M. The company--which is traded on the NYSE as ZIP--said it intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, investments and working capital. ziprecruiter employment marketplace jobs debt nyse

7 Reasons Entrepreneur Mentoring Is A Win-Win For All

Startup Professionals Musings

As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world.

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Display Social Aims At Metaverse

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Los Angeles-based Display Social announced this morning that it has acquired two other companies, Thunder Studios and Infinite Reality, and will seek to focus on entertainment in "the Metaverse". Display Social did not provide details on the financial aspects of the two acquisitions. The company said it will focus on "creative tools covering social, gaming, virtual and remote production, NFT minting, and metaverse creation."

Tool 109

Thankful Expands To Europe

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Venice, California-based AI customer service software developer Thankful said today that it is expanding into the European market, via a partnership with Netherlands-based Dixa. According to the companies, Dixa wil leverage Thankful's AI agent. Thankful is led by founder and Ceo Ted Mico. The company said it is developing natural language processing software to help provide personalized service interactions for brands. Financial details of the partnership were not announced.

Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

mPulse Mobile Acquires HealthCrowd, Finds New Funding

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Los Angeles-based mPulse Mobile, which develops conversational AI software for the healthcare industry, says it has acquired HealthCrowd, a provider of healthcare communications services for the Medicaid market. Financial terms of the deal were not announced.

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Google Starts Downgrading Speakers Due to Sonos Patent Win

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Santa Barbara-based smart speaker maker Sonos has scored a major win in its patent efforts, winning a patent infringement case it had filed against Google. As a result of that win, Google has started stripping functionality from its speakers, rather than pay Sonos for licensing.