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MySpace former CEO to pay $750k

Brad Greenspan, Intermix Media Inc.’s former chief executive, will pay $750,000 in penalties for his role in the company’s bundling of hidden spyware that delivered pop-up advertising, the New York Attorney General’s office said on Thursday. Intermix...

Meetic Paris IPO a success

Shares in Meetic, which is active in 13 countries and boasts 14 million users, showed a 11.21-percent gain at 1200 GMT to 24.80 euros. The CAC 40 index of leading shares was 0.99 percent lower. Meetic claims that 18,000 new users fill out their profile on the site...

Meetic IPO imminent

Marc Simoncini’s Eurpean online dating powerhouse, Meetic, next week will offer 570,387 existing shares and and issue up to 3.93 million new shares at between 19.20-22.30 euros. Meetic made a net profit of 2.7 million euros on sales of 21.3 million euros in...

Greenspan Internixed

Intermix has filed SEC documents detailing why they refused a proposal from Intermix founder Brad Greenspan which was based on complicated shareholder equity deal. According to PaidContent, the deal included prized social networking destination Myspace to be the sole...