Social-bookmarking service Magnolia is in deep trouble. Founder Larry Halff, who has been keeping users up-to-date on progress being made on restoring the company's database server, which suffered from file system corruption last week, said in a blog post on Thursday that he believes that he let the Magnolia community and himself down by using a single backup for the site's data. The company's backup server also suffered from file corruption, leaving the entire site down and all its data unrecoverable.
In the blog post, Halff said he is "currently working with a data recovery company in hopes that (it) can recover a working version of the database." Unfortunately, neither he nor the company is sure if the lost data is recoverable, but he expects an update "as late as next week."
Online-chat application Meebo has added Facebook chat back to its service, the company's chief executive, Seth Sternberg, announced Thursday. According to Sternberg, Meebo is "now the first launch partner of the 'alpha' version of the Facebook Connect plus Chat integration."
In order to connect to Facebook chat through Meebo, users will need to log in to Facebook from the Meebo front page and add Facebook as a network account in the Meebo menu.
Tree.com, a company that owns a number of online properties in the personal-finance sector, announced on Friday that it has acquired personal-finance service Thrive from Loudwater Labs. Although Tree.com is a publicly traded company, the terms of the deal were not disclosed because it did not have a material impact on its financial statements. Thrive will remain an independent entity after the acquisition.
eHire, an online job-matching community, announced on Friday that it will officially launch its service on March 1. According to the company, its technology will allow prospective employees to create profiles containing their resume and qualifications.
Employers can sign up for the site and find qualified candidates by using the company's "matching engine" and scoring mechanism, which use algorithms to determine which candidates may be a good fit for an opening. The company plans to generate revenue from both the candidates and the employers by charging them subscription costs and success-only fees, respectively.