GigaOM

San Jose, Calif.-based Melodis, parent company of startup Midomi, says it has raised $7 million in Series B funding. The funds were provided by TransLink Capital, JAIC America and Global Catalyst Partners, and will be used to distribute and monetize the company’s music search products.

Those of you that joined us at our recent Mobilize conference are likely to remember Chetan Sharma, president of the mobile-focused firm Chetan Sharma Consulting and occasional contributor to GigaOM, who moderated two of our panels. Next week will see the release of Chetan’s sixth book, “Wireless Broadband: Conflict and Convergence.” Co-written with wireless industry [...]

From time to time, I have shared with you the steps we’re taking to build Giga Omni Media, the 27-month-old company behind this and the other publications that make up the GigaOM network. Today, I am thrilled to announce the start of our company’s next phase.
We have just raised $4.5 million, led by new investor [...]

eBay, a San Jose, Calif,-based company today announced that it was cutting 10% of its workforce, about 1,000 jobs in addition to getting rid of several hundred temps. These cuts will cost them between $70-to-$80 million. It bought two companies for $1.2 billion.

Enomaly is trying to sell big business on its open-source cloud management and provisioning software by renaming it and packaging it with enterprise-level support. The software, formerly known as Enomalism, will now use the Enomaly Elastic Computing Platform as its new moniker.

The sharp growth in online video viewing, increasing availability of TV online, and proliferation of high-quality, web-originated content has made it easy to point the arrow for online video advertising up and to the right. But entrepreneurs and creative types should worry that industry watchers are now cutting their revenue growth expectations for online video based on factors other than the shaky U.S. economy.