Time Warner and AOL are to go their separate ways by the end of the year, a decade after the pair came together in a disastrous deal.
No image available
/ 3 December 2008
News Corp’s online social network MySpace is about to make video clips from its members’ pages available for viewing on mobile devices.
The popular online hangout MySpace has won a -million judgement over junk messages sent to its members in what is believed to be the largest anti-spam award to date. A federal judge in Los Angeles ruled against notorious ”Spam King” Sanford Wallace, and his partner, Walter Rines.
Apple has scooped up Time Warner’s HBO to feed television shows to its online iTunes store, reeling in one of the last holdouts among major channels and agreeing to a rare pricing concession to land hit shows such as The Sopranos, Sex and the City and The Wire.
Yahoo! faced growing pressure on Sunday to find an alternative strategy to Microsoft’s ,5-billion takeover offer after the software maker walked away over a disagreement on price. Yahoo! shares could fall by more than 30% on Monday over the breakdown of talks.
Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft’s offer was for a share but Yahoo! would not lower its demand below , Microsoft chief executive Steve Ballmer said.
Google believes regulators would not bar a potential business deal with Yahoo! because it would be ”non-exclusive” and falls short of an outright merger, a person familiar with Google’s thinking said on Friday. Yahoo! is exploring alternatives to Microsoft’s ,7-billion takeover offer, which the web pioneer has rejected for being too low.
No image available
/ 18 February 2008
Investors cheered an impending end to a format war for next-generation DVDs on Monday, pushing up shares of both Toshiba, on the verge of abandoning its HD DVD discs, and Sony, the leader of the rival Blu-ray camp. Toshiba shares jumped 5,1% as analysts praised its decision to cut its losses.
No image available
/ 14 February 2008
Rupert Murdoch’s News Corporation (News Corp) is negotiating to rescue embattled internet company Yahoo! through an alliance that could set up a heavyweight business showdown between the Australian-born media mogul and Microsoft’s Bill Gates. News Corp has begun tentative talks about merging its online division with Yahoo!.
No image available
/ 12 February 2008
Yahoo!’s rejection on Monday of Microsoft’s buyout offer sets the stage for the United States software giant to up the ante or attempt a coup by ousting the internet firm’s board of directors. Yahoo!’s board of directors spurned Microsoft’s takeover bid, saying the $44,6-billion offer is too low.
Toshiba said on Sunday its HD DVD high-definition video format is not dead despite being dealt a big setback by Warner’s decision to exclusively back Sony rival Blu-ray technology. Akiyo Ozaka, president of Toshiba America Consumer Products, told a briefing at the Consumer Electronics Show in Las Vegas that HD DVD "has not lost".
No image available
/ 16 October 2007
Google has introduced a long-promised video filtering system for its YouTube website. The system is designed to help owners of copyrighted videos crack down on pirated versions distributed over the video-sharing site. The tracking and identification system was developed in response to complaints by large media companies.
No image available
/ 4 September 2007
Internet search leader Google has begun hosting material produced by the Associated Press and three other news services on its own website instead of only sending readers to other destinations. The change that started last Friday affects hundreds of stories and photographs distributed each day.
Yahoo! has introduced new features for its popular web-based email program, including software that allows computer users to type text messages on a keyboard and send them directly to someone’s cellphone. The enhancements make it easier to send email, instant messages or SMSs from a single website.