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New Owner Looks To Sell Tsavo Media, Sees Yahoo Penalty Fees

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The new owner of former Los Angeles startup Tsavo Media , Canadian-firm Cyberplex , said today that it is looking for "strategic alternatives" for the unit of the firm, after a fiasco involving Yahoo's traffic quality reporting system. million, due to Yahoo's indication that Tsavo was sending it "low quality" traffic.

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Tsavo Loses Macadaan

socalTECH

Santa Monica-based Tsavo , the online media company which owns Manolith, Twirlit, Kidglue, and Nibbledish, has lost its Vice President of Product and Design, Mike Macadaan. Macadaan is well known in the Los Angeles technology community for creating and running Twiistup, the popular Los Angeles technology networking and startup showcase event.

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Wittlebee's Percival Surfaces At Topix

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Sean Percival , the founder of Wittlebee and former MySpace, Tsavo Media, Docstoc, and Mahalo executive, has surfaced at hyperlocal news site Topix as VP of Marketing. Percival, who had been very visible in the Los Angeles technology scene, had left Los Angeles in July seeking new pastures.

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DONE Ventures Gets Trial Date In NBC Suit

socalTECH

Los Angeles-based DONE! Padnos sold BetterPPC in September of 2008 to Tsavo Media, the startup which was started by current MySpace president Michael Jones. NBC apparently agreed to sell the domain, based on emails included in the lawsuit, but then backed out at the last minute on the sale.

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AudioMicro Acquires Audioo

socalTECH

AudioMicro , the Los Angeles-based online marketplace for royalty-free music and sound effects, said today that it has acquired Manhattan Beach-based Audioo , an online voicemail sharing service which was founded by Ben Padnos. Financial terms of the acquisition were not disclosed.

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Mike Jones Echoes Hollywood | If You Build It, They Will Come

Tech Zulu Event

Mike Jones may be known for his most recent role as CEO of MySpace , but this Internet entrepreneur is no stranger to the startup world. He’s had multiple exits and also advises private startups (his company Userplane sold to AOL for nearly $40 million and Tsavo Media drew a cool $75 million from Cyberplex ).

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

Tech Zulu Event

TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2012. Mike is actively involved with early-stage start-ups as an investor, advisor and board member.