Stock Analyst Backs YPG

Just saw a note from media analyst Ben Mogil of Westwind Partners that takes issue with the conclusions of a recent report from Veritas suggesting that Yellow Pages Group's core print directory business is imploding, citing a sharp reduction in…

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Sallie Mae Buys Upromise

Sallie Mae announced that it has signed an agreement to purchase Upromise. Sallie Mae services more than 10 million customers totaling US$130 billion in loans. Upromise launched in 2001 and has grown into one of the largest direct marketing companies…

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CPD Buys Yellow.ca

Just got off the phone with Olivier Vincent, CEO of Canadian Phone Directories. He told me that his company, a competitive publisher backed by HM Capital (formerly Hicks Muse), has just acquired the search engine Yellow.ca to use as a…

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Clarification

Kate Bowler of Platefood points out that Platefood Performance is a PFP platform and not, as I suggested, a local search platform. It may well be that the Platefood engine will be licensed by World Directories to complement the Local…

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Local Matters Gains Momentum

News from World Directories that the company has chosen Local Matters to power its local search platform. This is a particularly interesting win for Perry Evans and team as it presumably beat out competitors Platefood — a collaboration of Sensis…

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Muni Wi-Fi

AT&T and MetroFi submitted a joint proposal to operate a municipal Wi-Fi network in Riverside, California, that covers 65 square miles. The proposed project has similarities to the Google-Earthlink partnership for San Francisco. The AT&T MetroFi network will be supported…

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