Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 17, 2013 05:44 pm GMT

Faced With Fierce Competition, Rhapsody Takes Significant Investment From Columbus Nova

Image (1) rhapsody-iphone.jpg for post 94897Rhapsody International today announced that it would be taking a "significant", yet undisclosed, investment from Columbus Nova Technology Partners and Rhapsody president Jon Irwin will step down. Moreover, the company will be restructuring, which will "affect 15 percent of the Rhapsody staff" resulting in around 30 lay-offs.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MCfrH4z111A/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch