DiscoverOrg is now ZoomInfo
Vancouver, Washington, business data collection company DiscoverOrg is taking the name of ZoomInfo, the Massachusetts company it bought in February.
The company accumulates business data and sells it to marketers so they can target sales pitches directly to potential clients.
Founded in 2007, DiscoverOrg is among the biggest young companies in the Portland area. It has raised hundreds of millions of dollars — DiscoverOrg has never said how much — from investment firms including The Carlyle Group and TA Associates.
DiscoverOrg said in February it paid hundreds of millions for ZoomInfo. The combined company had $222 million in revenue last year and nearly 930 employees, according to information it provided for inclusion on the Inc. 5000 list of fast-growing businesses.
Job openings at five-month low
U.S. job openings declined in July to a five-month low, signaling a pause in demand for workers ahead of a cooling in August payroll growth that indicates the labor market may be gradually losing momentum.
The number of positions waiting to be filled fell by 31,000 to 7.22 million, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, released Tuesday. The quits rate rose to 2.4%, the highest since April 2001, suggesting workers remain confident about their ability to find a job.
Total vacancies exceeded the number of unemployed Americans by 1.15 million.
Labor Department figures released last week show U.S. employers added 130,000 jobs in August as prior months were downwardly revised.
Federal Reserve officials, who are expected to make a second-straight interest rate cut at their meeting next week, have consistently said the labor market remains strong.
Woman gets free chicken for life
Two weeks ago, a tweet praising the fried chicken sandwiches at Roaming Rooster in the District of Columbia went viral — and now, to repay the tweeter, the restaurant’s owners have granted her free chicken for life.
The tweet from Bri Hall, a 24-year-old musician raised in Maryland whose stage name is “La Hara,” drove demand for the restaurant’s sandwiches, generating lines that still stretch out the door at all hours of the day. Hall posted during the height of America’s obsession with the Popeyes chicken sandwich to suggest that Washington, D.C., locals try Roaming Rooster, a family business owned by an Ethiopian immigrant who, she wrote, “has always been kind.”
“After her tweet, our business went up,” said Michael Habtemariam, one of the restaurant’s owners. “Now she never has to pay again.”