News Corp / Simply Hired

Rupert Murdoch's News Corporation has made another foray into the world of internet businesses, this time with an investment in the world's largest job search engine.

Simply Hired says it has received a total $US13.5 million from New Corp's Fox Interactive Media and venture capital firm Foundation Capital.

Representatives from both groups will join Simply Hired's board of directors.

News Corp has been accelerating its push into digital media after spending more than $US1 billion on several internet sites last year including the $US850 million acquisition of Intermix Media, which owns the popular MySpace.com website.

Simply Hired, based in California's Silicon Valley, was founded in 2003 and is currently indexing more than four million jobs.

(c AAP News


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