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Report: Veoh Files For Bankruptcy

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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 Veoh had raised over $67.5M Tags: veoh networks merger acquisition bankruptcy failure. READ MORE>>.

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Veoh's Shapiro Named CTO Of MySpace Music

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Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro will be based in Beverly Hills, and report to MySpace Music President Courtney Holt. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February.

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Report: Dmitry Shapiro To Head Up Google Plus

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A report today says that Dmitry Shapiro , the former founder of Veoh and head of MySpace Music, and currently founder of alternative social networking site Anybeat , may be heading to Google to head up its Google+ efforts. The report , from PandoDaily, cited a single source for the information. READ MORE>>.

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Adconion Names Wiseman North American COO

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Adconion Media Group , the online advertising network firm which has its North American headquarters in Santa Monica, said today that it has named Bruce Wiseman as Chief Operating Officer for North America. Wiseman was most recently EVP and CFO at Fox Audience Network. Wiseman reports to Adconion CEO Tyler Moebius.

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Altly Posts Anti-Facebook Manifesto, Gets Funding

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Los Angeles-based Altly , the latest startup of Dmitry Shapiro , the founder of Veoh and former CTo of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Facebook--and the firm is going to create that alternative.

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