This morning, Peter Chernin, the chief operating officer of News Corp. (NWS) (which owns Dow Jones and this site), acknowledged that Fox Interactive Media, which includes MySpace, will fall short of its goal of generating $1 billion in revenue for fiscal 2008. A surprising shortfall for a division that operates the strongest social-networking offering on [...]
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Time to shelf that TiVo obituary. The “TiVolution” is picking up some new agitators. After years of struggle, the digital video recorder pioneer is back on its feet again with some new partnerships, old partnerships that are finally coming to fruition and a new business.
In the past few weeks, TiVo has signed deals with online [...]
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What was it former Secretary of Defense Donald Rumsfeld once said? You go to war with the bandwidth you have, not the bandwidth you want? A Department of Defense policy that went into effect today bans military access worldwide to MySpace, YouTube, Photobucket and eight other popular Web sites because of the strain they place on its network.
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Photobucket finally found a buyer: MySpace. Word on the street is that the
social-networking giant is wrapping up a deal to buy the online photo-sharing service for a price that could be as high as $300 million.
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