Phorm's losses top $100m

Phorm will shift some of its operations from London to Brazil to save money after announcing another heavy loss for 2009. The web monitoring and profiling firm lost $29.7m last year, it told investors today. That's down from $49.8m in 2008, mainly thanks to layoffs at the beginning of 2009. Phorm also said it may seek more …

[John Smith 19]

p&*sed away $100m and *still* in business

They need to spend more.

[Anonymous Coward]

re "the global opportunity that we face"

That's a very strange way of putting it. It sounds like the global opportunity is a firing squad