JG etc.

Great news for the everyone over at SimplyHired. I have been impressed with SimplyHired ever since Dion Lim showed me a .ppt of their overall “plan”. Congrats to Dave, Dion, and Gautam and this surely is an investment play for Rupert(News Corp.) as he continues to digitize his old media business and create sand boxes and gather data on users that are among some of the most highly targeted ad demographics around.

Story

For News Corp., investing in Simply Hired is a move toward reclaiming revenue generated by classified advertising — a business newspapers once dominated but which has steadily shifted to the Internet. News Corp. has its roots in the newspaper business.