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Social game developer Zynga has taken a step toward another type of gaming, having filed preparatory paperwork in Nevada to offer real-money gambling games in the United States, according to reports. The Nevada Gaming Control Board confirmed that Zynga filed an application Tuesday for a preliminary ...
Speculation about Pandora's future is running high again with the company's release of its Q3 earnings and, more importantly, guidance for the fourth quarter and fiscal year 2013. For the third quarter of fiscal 2013, Pandora posted total revenue of $120 million, a 60 percent year-over-year increase...
Sandvine has released a new report on global Internet traffic that points to the growth of online data consumption and implies that the increasing use of legitimate content services such as Netflix may be softening the impact of illegal P2P file-sharing. At face value, that seems difficult to believ...
Billionaire investor and activist shareholder Carl Icahn has acquired a 10 percent stake in Netflix, according to a Wednesday filing with the SEC. The value of the 5.5 million shares is about $169 million. Icahn Capital believes that Netflix is undervalued and positioned for expansion both in the U....
If Pandora had been hoping that the earlier reports of Apple exploring a streaming-radio venture were exaggerated or downright wrong, those hopes have been dashed. Last week, more rumors surfaced that Apple is indeed serious about the advertising-backed venture and has intensified talks with major m...
Cord-cutters now have a new option for content-viewing -- and possibly a major one at that. Google said Monday it was updating its Google TV platform, allowing users to buy or rent movies, TV shows and music through the Google Play store. Titles available on Google Play can be searched via its TV &a...
Dish Network is abandoning plans to develop Blockbuster into astreaming video service that would directly compete with Netflix, company founder and chairman Charlie Ergen said in an interview. Dish acquired the video rental chain for $320 million in April of 2011, months after Blockbuster filed for ...
Comcast has grown and changed so much over the last 15 years that many expect this wave to continue. It may, but for that to happen Comcast must realize the marketplace is changing and steer through the upcoming rapids. Can it do that? Back in the 1990s, Comcast was a small cable television company....
It's been a long time since the video game faithful lined up for the midnight release of Nintendo's Wii video game console, which arrived back in November of 2006. Now Nintendo no doubt hopes its next-generation console will enjoy the same level of anticipation as its game-changing Wii. The system w...
Cablevision recently invested in upgrading its cable television network to improve the quality of service. Now it is launching a curious marketing and advertising campaign to let customers know about it. It wants to shine up its Optimum brand. Good idea, but the funny part is, it is poking fun at it...
Pandora Media's stock dropped precipitously on news that Apple might be entering the online streaming-radio space with a competing product. The news is not official: It has been reported in The Wall Street Journal and The New York Times, based on information leaked by unnamed sources. Still, the ser...
Nokia on Tuesday introduced a new music app that provides U.S. Lumia handset owners access to its free streaming music service. "Nokia Music," as it is called, offers more than 150 different playlists, which are reportedly compiled by a team of music experts. In addition to the range of genres provi...
Hachette Book Group, HarperCollins Publishers and Simon & Schuster have agreed to pay a total of more than $69 million to consumers to resolve antitrust claims of alleged unlawful conspiracy to fix the prices of electronic books. The three companies further agreed to change the way their e-books...
It has been clear for some time that consumers are using multiple devices to access the same content. Sometimes they will access a particular piece or type of content only from a mobile device -- say, a website optimized for mobile news while commuting to work on public transportation. Sometimes th...
There was rather an exact price offered and accepted for About.com. On Sunday The New York Times Company announced that it had sold the question and answer website to Barry Diller's InterActiveCorp for $300 million in cash. The site's early expertise in search engine optimization and revenues from c...
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