Partner Li-Ning, a sneakers maker that burst onto the international scene at the 2008 Olympics, is back to mainly selling in China. It's hoping that a deal with rising-star Xiaomi will give it another shot.
The executive previously led Ning and will remain affiliated with his most recent employer, Silver Lake Partners.
Ning, the Web site builder co-founded by Netscape founder Marc Andreessen, has been sold to Glam Media for an undisclosed sum. The site will become a part of Glam's platform portfolio.
Where does Lamborghini go from fast? Light(ning) fast!
Business is restructured to focus on paid customers, a memo from CEO Jason Rosenthal tells its workforce--which is about to be reduced by 40 percent.
The build-a-social-network platform lets site owners keep 50 percent of the revenue generated after PayPal's transaction fees are processed.
The number of Ning users was initially incorrect in this post. It has about 32 million users, and 1.5 million social networks have been built on the Ning platform.
Build-your-own-social-network service makes public a platform that lets users embed more than 90 apps and widgets for things like donation collections or ticket sales.
The social-network builder now has a directory of about 30 applications built with the open-source technology.
Its finalized application platform, Ning Apps, goes into private beta on Thursday and will launch in full later this month.