Carol.com cuts jobs, changes strategy (Star Tribune)Carol.com, a website which allowed healthcare consumers to compare the costs of various healthcare services across competing healthcare service providers announced a strategic change of direction. The company, which had raised nearly $30 million in venture capital, will now focus on software and consulting services.YouTube & MGM Partner for Full Length Movies (Marketing Pilgrim)Metro-Goldwyn-Mayer (MGM) will post full length television shows and movies on YouTube by the end of the year. As part of the deal, YouTube will help MGM monitor the site for unauthorized copyrighted material.Circuit City Files for Bankruptcy (CNET)It’s a scary day when the second largest electronics retailer in the U.S. announces bankruptcy.
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