millennial media

Former Millennial Media executive Matt Gillis named CEO of Baltimore startup Clean Creative, which is focused on preventing malicious advertising online — or malvertising.

The Palmieri Center for Entrepreneurship is expected to open later this year.

Travel pricing data company will hire between 60 and 80 people in Baltimore.

After selling itself to Verizon and buying Millennial Media, AOL has new opportunities to connect advertisers with people watching news and entertainment on their computers, smartphones and even cable TV.

Suddenly, it's looking lucrative for Maryland cyber firms to seek out businesses willing to spend a lot to protect their and their customers' sensitive data.

Millennial Media disappeared from the New York Stock Exchange on Friday after a majority of its stockholders tendered their shares to AOL, closing AOL's $248 million acquisition of the Baltimore mobile advertising technology company.

Millennial Media CEO Michael Barrett is among 18 workers being let go once AOL's acquisition of the Baltimore mobile advertising company closes, and he will walk away with a $2.2 million "golden parachute."

Chris Jeffery and Chris Brandenburg said despite challenges – or because of them – OrderUp and Millennial Media found themselves the targets of recent acquisitions.

AOL said Thursday morning it plans to buy Baltimore mobile advertising company Millennial Media for about $248 million in a deal that would create a single hub for the industry known as "ad tech" here.

Even though Millennial Media's top executive confirmed Tuesday the company could soon be sold, shares of the mobile advertising company fell 24 percent a day after it reported it continues to lose money at a steady pace.

Millennial Media's stock price rose 28 percent Thursday after a technology news site reported the Baltimore mobile advertising firm is in talks to be sold to AOL for about $300 million.

Verizon's acquisition of AOL is a big deal for Baltimore, both for what were once the offices of Advertising.com and companies like Millennial Media and Videology.

Millennial Media's sales fell and its losses grew in the first quarter of the year, but its stock price rose 6 percent in after-hours trading Tuesday.

Millennial Media CEO Michael Barrett earned a $9.5 million compensation package in his first year at the helm of the Baltimore mobile advertising company, more than twice what his predecessor received a year earlier.

Millennial Media's losses widened significantly in the fourth quarter of 2014 and for the full year, shares rose in after-hours trading as sales exceeded what Wall Street analysts had predicted.

Video advertising technology company Videology is weighing an IPO, but it faces stiff competition from rivals that have seen mixed results on the stock market or been bought up by tech giants.

Web video advertising firm Videology said Monday it hired a new chief financial officer with experience preparing companies for public stock offerings, a signal the Baltimore-founded company may soon follow through with plans for an IPO.

Millennial Media stock price rose 11 percent in early trading Friday after the company announced an increase in quarterly revenue but widened losses stemming from a one-time charge.

A class action lawsuit filed Tuesday accuses Millennial Media executives of hiding information that reflected poorly on the company, and, once released publicly, sent the company's stock price tumbling.

Coleman Anderson and his partner Andrew Schuster are betting a few hundred thousand dollars of investors' money that whatever you know about current events, you'll want to test yourself, and you're willing to spend time in the pursuit on their new web site: Newsup. The enterpreneurs and their supporters will celebrate the launch and announce site updates and future plans at a gathering in Towson on Thursday.

Millennial Media has agreed to buy Boston-based mobile advertising technology company Nexage for $107.5 million in cash and stock, the companies said Tuesday.

The Baltimore tech startup incubator continues to grow and shape the city's business landscape

Millennial Media's losses widened five-fold in the second quarter of the year, missing Wall Street estimates and sending shares down 9 percent in after-hours trading.

Millennial Media CEO Michael Barrett says he sees increased competition from Google and Facebook as a sign that the Baltimore company is doing something right.

Less than a week after a grim earnings report sent Millennial Media's stock price tumbling, CEO Michael Barrett purchased shares worth $1 million, giving the shares a boost Wednesday.

Facebook took a bite out of the Baltimore company Millennial Media's earnings and sent its stock crashing this week.

Millennial Media's revenue surged 47 percent in the first three months of the year, but its losses more than tripled, and shares fell by nearly half in after-hours trading. CFO Michael Avon meanwhile announced his resignation.

Baltimore's skyline slowly but surely evolves as companies aim to boost visibility.

Mobile advertising company Millennial Media is plotting a major expansion that includes a deal to dub its headquarters the Millennial Media Center at the Can Company.

Millennial Media lost $3.8 million despite a surge to $96.7 million in revenue in the fourth quarter of 2013, with both results beating analysts' expectations, but shares fell in after-hours trading on shaky expectations going forward.

Millennial Media founder and CEO Paul Palmieri has left the Baltimore mobile advertising company for a position working with technology startups for a prominent local venture capital firm.

A proposal by Senate President Thomas V. Mike Miller and House Speaker Michael E. Busch to boost entrepreneurship is needed.

Millennial Media Inc., a Baltimore-based mobile advertising firm, reported Wednesday that it lost $4.6 million in the three months ended Sept. 30. That's worse than the $1.8 million it lost in same quarter in 2012.

Millennial Media has struck a deal to acquire Boston-based competitor Jumptap in a mostly stock deal worth at least $209 million, the company said Tuesday.

Millennial Media isn't letting stock market swings distract it from a mission to compete with Google, Apple and Facebook in the mobile advertising market.