ChaCha Raises $12 Million, Reduces Staff

PULSE2.COM - [...] ChaCha used to be a search engine with guides, but now it is an SMS service that finds answers to custom questions.  Last summer the company reduced the salaries paid to the guides that find the answers to the questions to about $0.10-$0.20 per answered question . The company has raised an additional $12 million in funding.  They will be using this investment to expand local and national...

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