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YouTube is said to be in talks with Universal Music Group to create an online music video site The reports come at a time when Google-owned YouTube is searching for ways to monetize its vast amounts of video content and Internet traffic. The major record labels have also been exploring a number of online strategies for monetizing their music conten...
A new streaming video startup, ZillionTV, has entered the crowded digital television sector The Sunnyvale, Calif., startup, which is backed by Warner Bros., Sony Pictures, NBC Universal, Disney, Fox, Visa, Sierra Ventures, Concept Ventures and Blu-ray chip maker Sigma Design, expects to launch its new service nationally by the end of the year....
Intel is revealing the mysterious workings of its Atom processing chip to Taiwan Semiconductor in a bid to break into the smartphone, netbook and TV set-top box markets This marks the first time the world's largest semiconductor company has agreed to share the underlying technology behind its X86-based chips, suggesting that Intel has placed a high...
Satellite television provider Dish Network and its former parent, EchoStar, reported fourth-quarter financial results on Monday Dish Network reported revenue of US$2.92 billion for the quarter ended Dec. 31, 2008, a 1 percent increase compared with $2.89 billion during the same period in 2007. Net income totaled $217 million, compared with $175 mil...
Sony CEO Howard Stringer has taken over the stumbling company's main consumer electronics business after removing Ryoji Chubachi from the helm Stringer, who has been with Sony since 1997 after a long career in television, will replace Chubachi as president....
Most segments of the technology market are hurting due to the recession, but one -- open source systems -- appears to be thriving despite the economic turmoil Open source vendors such as Red Hat, SugarCRM and Vyatta say the recession has compelled organizations and corporations large and small to take a closer look at Linux-based software and hardw...
Rivals Sun Microsystems and HP have inked a new multiyear agreement that enables HP to sell and support Sun's Solaris operating system on HP ProLiant server and blade system computers The new deal's intent is to increase demand for Solaris on both HP ProLiant servers and server blades in new markets....
Microsoft CEO Steve Ballmer told Wall Street analysts on Tuesday that the software giant has no intention of making any more job cuts despite the year-long U.S. recession's effects on the technology industry The Street did not respond to the news favorably. Microsoft stock hit an 11-year low. The company's stock was down 1.86 percent to US$16.85 pe...
Struggling mobile phone maker Motorola announced Tuesday that it will sell Good Technology -- its "push" email, calendar and contacts unit -- to Visto Terms of the deal, which is expected to close at the end of the month, were not disclosed....
AT&T announced Monday that it will invest US$1 billion in its global network in 2009 to better serve businesses in the U.S. and overseas The communications giant has invested more than $3 billion in its network since 2006....
AT&T announced Monday that it will invest US$1 billion in its global network in 2009 to better serve businesses in the U.S. and overseas The communications giant has invested more than $3 billion in its network since 2006....
AT&T announced Monday that it will invest US$1 billion in its global network in 2009 to better serve businesses in the U.S. and overseas The communications giant has invested more than $3 billion in its network since 2006....
Beleaguered Internet search portal Yahoo has launched a new type of online ad that incorporates traditional search results with images and video Here's an example: Go to Yahoo, type in the keyword "pedigree," and a sponsored search result for Pedigree dog food will come up accompanied by a video ad that's been airing on television for the past seve...
Sprint Nextel's stock jumped 27.3 percent to US$3.46 per share in mid-day trading Thursday after the struggling telecom delivered a lower-than-expected churn rate The company lost 1.3 million wireless subscribers during the quarter, but that wasn't as bad as some Wall Street analysts had expected....
The year-long U.S. recession hasn't brought spending on advertising to a screeching halt, but it has forced a shift in the way advertisers engage their audiences With marketing budgets shrinking by the day, advertisers are turning to the Internet as an alternative to more traditional media such as television, radio and print advertising....
Liberty Media has thrown struggling Sirius XM Radio a lifeline that will keep it from falling into bankruptcy The owner of satellite television service DirecTV has loaned Sirius US$530 million, which it will use to pay off $171.6 million in debt that came due Tuesday. The remainder of the funds will go toward general corporate purposes....
Just a month after saying it had no intention of opening a chain of retail stores, Microsoft has announced plans to do just that The software giant announced Thursday that it has hired Wal-Mart veteran David Porter to lead the retail effort. Porter will report directly to Kevin Turner, Microsoft's chief operating officer. Porter, whose most recent ...
Struggling Sirius XM Radio stock shot up nearly 30 percent to 7 US cents per share in mid-day trading Thursday on rumors that a bidding war was about to ensue between rival satellite television players EchoStar and Liberty Media EchoStar owns the Dish Network and Liberty Media owns a controlling interest in DirecTV....
Shares of Sirius XM Radio plummeted by nearly 50 percent in mid-day trading Wednesday on rumors that the troubled Internet radio company is preparing to file for bankruptcy Sirius is best known for offering subscribers commercial-free music, sports, news and talk radio programming, including Major League Baseball, the National Football League, shoc...
In a bold move, chip giant Intel announced Tuesday that it will invest US$7 billion in its U.S. manufacturing facilities even as the semiconductor industry and the overall economy continue to spiral downward Intel President and CEO Paul Otellini made the announcement in a speech before the Economy Club in Washington, D.C.
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