Today’s Deal Radar company, Tangle.com, creates social networking tools for the faith-based and ‘family-friendly’ marketplace. Founded as GodTube.com, a video-sharing site for Christians, the company changed its name to Tangle.com in February 2009. The rebranding process came about when CEO Jason Illian decided to move from a video-sharing site to a full-fledged social networking site.
SM: Are you seeing a lot of transactions in very inexpensive real estate? PF: The annualized transaction rate is 5 million units right now. That compares to 7 million at the peak. It is a fairly steady pace. In certain regions 80% of all transactions are distressed, meaning they are either short sales or foreclosures.
NY Times reports, “In a series of comments in recent weeks, Mr. Obama has begun to sketch a vision of where he would like to drive the economy once this crisis is past. His goals include diminishing the consumerism that has long been the main source of growth in the United States, and encouraging more
Cost-cutting is still at the top of many an executive’s mind as the recession continues. Today’s Deal Radar company, xTuple, uses open source enterprise resource planning (ERP) to help enterprises streamline their operations at a lower cost without a vendor lock-in. Its main products, xTuple ERP: PostBooks and Standard and Manufacturing Editions, include capabilities for accounting, customer relationship
As Sramana has announced, her new book Bootstrapping: Weapon of Mass Reconstruction (Entrepreneur Journeys, Volume 2; $16.95 paperback) is now available to be pre-ordered from Amazon. The book officially goes on sale June 1, 2009.
SM: Newspapers are definitely struggling, especially with their top classifieds such as jobs, travel and real estate. PF: That market is absolutely gone for them. Most of it has moved online; some of it has evaporated. Total spend has come down. We provide free to list.
Directories such as the Yellow Pages are still important marketing tools for small and medium sized businesses. But with the services of companies such as Jivox, which specializes in online video advertising, small business owners can use DIY online marketing and communications tools to develop the same kind of sophisticated advertising as larger players. Founded by Diaz Nesamoney
The media chattered and twittered about the mega players HP, Cisco and IBM following the news of IBM’s desire to acquire Sun. No one talked about Oracle as one of the mega players in data centers. Larry Ellison’s ego apparently didn’t like that very much!