Velocity Interactive Group, the investment group led by Jon Miller (ex-AOL (NYSE: TWX) CEO) and Ross Levinsohn (ex-Fox Interactive Head) has become an investor in Motricity...this was part of the…

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Activist investor Carl Icahn, who poured about $100 million into Motricity last year, said that he now questions the decision following the news that Motricity will layoff 250 of its…

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Motricity paid $135 million in October to acquire the InfoSpace mobile division, and now InfoSpace is taking over. As we reported yesterday, Motricity said it will be laying off 250…

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Motricity has confirmed its much anticipated layoffs, putting the official number at 250. The elimination of more than one third of its workforce will occur over the next nine months,…

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Motricity, the mobile content/technology firm, told employees today that it will make an announcement regarding layoffs as early as March 3, according to a source citing a letter sent to…

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Emotions are running high after rumors surfaced that Durham, N.C.-based Motricity might be cutting up to a third of its 650-person workforce and may relocate its headquarters to the Seattle-area…

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Updated: We have two more updates on this story, here and here. Layoffs announcement may come as early as next week. Motricity, one of the biggest mobile content and applications…

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Not too long ago, InfoSpace (NSDQ: INSP) was making millions of dollars from the sale of ringtones, and ramping up its content business, even securing deals with high-flying skateboarder Tony…

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Infospace, which has now sold off all of its mobile businesses and fully focused on online search, will cut about 35 jobs, or about 20 percent of its work force,…

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Motricity has closed its acquisition of the mobile services business unit of InfoSpace for $135 million, the companies announced on Friday. Also as expected, Motricity announced the completion of $185…

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How many times would you ever envision this scenario for Internet companies? Infospace, which is in the process of reorganizing itself an an online search-only business, said its board approved…

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InfoSpace (NSDQ: INSP) reported its Q3 numbers today, and they’re all jumbled up, mainly because the company is in the middle of selling off its mobile businesses, and will now…

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Following this morning’s news that Motricity is buying InfoSpace’s (NSDQ: INSP) mobile services business, comes the expected news on its funding: it is putting the finishing touches on a $185…

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Well, the deal has gone through after rumors for the last two months—InfoSpace (NSDQ: INSP) has sold its mobile services business to Motricity for $135 million in cash, meaning that…

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We reported about this 10 days ago, and now NewsObserver follows up on it: Motricity’s fund raising is going on and may reach $170 million. It has already raised about…

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Not necessarily a sale of its mobile unit, yet, as has been reported before, but InfoSpace (NSDQ: INSP) has sold off its online directory business, including Switchboard.com, to yellow-pages publisher…

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We have been hearing rumors over the last two months, first on InfoSpace (NSDQ: INSP) buying Motricity, and then the other way around: Motricity buying INSP’s mobile’s division. Now Triangle…

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Something from Infospace’s (Nasdaq: INSP) latest 10-Q filing for its Q2 earnings: that lawsuit that EMI (LON: EMI) filed against it early this year has seen some changes...from the filing:…

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Infospace (Nasdaq: INSP) reported its Q2 numbers today and revenues were $70.5 million, reflecting a $25.3 million decrease over Q206, attributable to $19.0 million decrease due to its exit out…

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Infospace, which is currently defending a $100 million suit by EMI for underpaying royalties, has filed suit against the auditors that EMI hired to review its books, alleging that the…

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InfoSpace, reeling from the changes in its mobile division and the general market, has sold off its InfoSpace Media Studios (formerly Moviso) to mobile content tech firm FunMobility. This means…

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Still very speculative, and InfoSpace has been on the block for a long time now: shares of the online and mobile company were up 20 percent today, after a Spanish…

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The publishing arm of music label EMI has filed a $100 million lawsuit against Infospace earlier this year, alleging that the company and its subsidiaries Moviso and Premium Wireless Services…

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Infospace (Nasdaq: INSP) has announced its results for the three months ending March 31st. Revenues for the quarter were $86.6 million, a 4 percent decrease year-on-year. The company showed a…

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Infospace, which is in the midst of trying to a major shareholder dissent, has its annual stockholder meeting coming up May 31. Sandell Asset Management, a investment management firm that…

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