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As expected, Imeem bails out Snocap by acquiring it

Snocap might have axed half its workforce last year, but still, the Shawn Fanning-founded company had developed technology appealing to the social-media network.

By April 7, 2008


Report: Imeem acquires Snocap

The company founded by Napster cofounder Shawn Fanning has been for sale for months.

By February 13, 2008


Snocap CEO on layoffs: 'pioneers take arrows'

Rusty Rueff says laying off 31 employees, or 54 percent of company's staff, was necessary to attract potential buyers.

By October 12, 2007


Shawn Fanning's Snocap lays off 60 percent of workforce

The music-licensing company says the cutbacks are part of a plan to "refocus resources."

By October 11, 2007


'Sometimes the best deal is no deal at all'

After years of negotiations, online CD seller CD Baby signed a digital distribution deal with Snocap. Nobody benefitted.

By October 19, 2007


Facebook's Dave Morin announces departure

Longtime employee and prominent marketing spokesman plans to launch an as-yet-unnamed new company with original Napster creator Shawn Fanning.

By January 22, 2010


Sean Parker's Airtime not ready for prime time

Napster founders Parker and Shawn Fanning unveil a Web video chat service designed to take up where Chatroulette left off. The launch is long on glitter, but the tech demo was far too buggy.

By June 5, 2012


Warner settles with Imeem

Warner Music has reached a settlement with music-sharing service Imeem. Could legal music-sharing services finally be poised to take off?

By July 12, 2007


Report: EA buys Shawn Fanning's Rupture for $30 million

After years known mostly for creating Napster, Fanning may finally have hit the financial jackpot.

By May 8, 2008