Anyone looking to buy a General Motors car, I know where you can get a good deal! News hit the streets today that the auto maker has filed for bankruptcy. Of course we’ve already seen the trickle effect this has had on the advertising industry as agencies were forced to lay off employees earlier in the year, but what will be next with the government taking as much as a 60% stake in the company?
Venture Capital – According to the National Venture Capital Association there has been a total of $5.1 billion invested into 828 web start-ups since 2004
Facebook – Closes another $200 million from Russian investor Digital Sky Technologies and now valued at $10 billion.
Toronto’s 2009 IABC Ovation Awards: Word Gets Around
Google – The Internet “Gorilla” goes surfing and catches Google Wave, by combining email and instant message, Google is going to attempt how we communicate on the web
Microsoft – Looks to play catch up in the search game with the launch of Bing
If you are looking to network this week be sure to check out Liv@SOHO which takes place on Thursday in Toronto (discount for Profectio readers)
Be sure to check out our upcoming events at the end of this post.
Here are some of the other industry stories and news that we talked about on Profectio & PR In Canada in this edition of The Week That Was.
Headlines:
Sherway Gardens Website Adds A Touch Of Personal Shopping
“Must Drink More Milk” Wins Top Honors At 2009 Bessies Awards
Kaboose Gets Government Nod, Will Sell to Disney For $23.3 Million
Is It Me Or Is The Social Media Monitoring Industry Heating Up?
Account Wins:
Olive Media Signs NYTimes.com To Growing Client Roster
Atkins Gets Sexy, Selects Palette PR As Agency Of Record
On The Move:
marblemedia Hires Ted Brunt As Vice President Interactive Production
MediaMiser Beefs Ups Team, Gets A Little More Social
Event Calender:
- Live@SOHO – June 4 – After work networking event
- Step It Up - June 16 – Our first event for the Connected One, patio, drinks, great conversations and guest speakers talking about Personal Branding
- TorontoTechTalk 7 – June 23 – Networking in downtown Toronto with special guest speaker Mark Fox, Chairman & CEO of Novator
Shop Online ‘09 – October 6, 2009
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