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Specific Media announced Wednesday that the company, in partnership with recording artist Justin Timberlake, will buy MySpace from News Corp. in hopes of revitalizing the ailing social networking site. The rumored price is around $35 million to $40 million, less than a tenth of the $580 million News...
French search company 1plusV has stepped up its battle with Google over how its algorithms rank sites, filing suit against the search engine giant in the French Commercial Court. It is seeking $423 million in damages from business it claims it lost due to alleged antitrust practices by Google. At $4...
The average American credit cardholder carries 3.5 credit cards, according to the Federal Reserve Bank of Boston's 2010 Survey of Consumer Payment Choice. Today, consumers use credit cards to pay for more than just large-ticket items. Everything from household items and utilities to insurance premiu...
Google was notified by the Federal Trade Commission on Thursday that a broad formal investigation will be launched. Google respects the FTC's process, it said in a blog post, and will be working with the agency over the coming months. The FTC's Bureau of Competition reportedly will issue subpoenas t...
Yahoo CEO Carol Bartz and company board members addressed investors Thursday at the company's annual shareholder meeting. Despite majority support for Bartz and other board members, a certain level of discontent was palpable among investors, and one particular shareholder called for an end to Bartz'...
One way or another, change is clearly coming for the online television website Hulu. Either it will be acquired by Yahoo, or it will put itself out on the market to be snapped up by another deep-pocketed company. Yahoo apparently has made an unsolicited offer for the company, according to news repor...
The current anti-cybersquatting model of preregistering 25,000 domain name combinations to surround a master brand name identity and avoid possible cybersquatting will slowly fade away. Cybersquatting came about due to the original easy access of no-questions-asked, cheap domain name registrations.
Why would someone invest $187,000 for single name application with ICANN plus another few hundred-thousand dollars on related costs to acquire a new gTLD domain root system? Simple, the real motivation will be to declare global-image cyberwarfare and to create global market domination under a na...
Marshall McLuhan's old adage, "the medium is the message," has never been more true than it is today. Companies wanting to showcase their cutting-edge products and services are increasingly turning to new and innovative marketing techniques that express the spirit of what they're selling. Video pres...
You may soon be able to get a designer Internet address -- e.g., you.yourname -- for a mere $185,000. ICANN has approved a plan to implement some of the biggest changes ever to the Internet's Domain Name System. Its board approved a plan to allow an increase in the number of Internet address endings...
Amazon's self-publishing e-book platform appears to be overrun by spam or low-quality e-books. Of the thousands of digital books being published through Amazon's self-publishing system each month, many are spam, either developed via Private Label Rights or even using toolkits that help people produc...
Internet radio provider Pandora has taken a harsh beating in its first few days on Wall Street. After a short-lived initial pop that boosted its share value from its debut of $16 to a peak of over $24 on Wednesday, shares sunk sunk throughout the day Thursday and into mid-day Friday, where they hove...
This week, 2K Games and Gearbox Software debuted "Duke Nukem Forever" for the Xbox 360, PlayStation 3 and PC. For the game's developers, it was a momentous occasion. Fans had been waiting 15 years in video game purgatory, they said, for the launch of the mythical Duke Nukem game. For some game revie...
The June report on Lightsquared that we have been waiting for is in, and it doesn't look good for the company. The technology it uses does impact the spectrum of the GPS industry, the report concludes. So even though we need a solution to the spectrum problem, we cannot allow this company to interfe...
Wireless carrier T-Mobile has entered the group buying market with its own daily deal offering. Called "More for Me," the nationwide service aggregates deals from such originators as Living Social and Groupon. The service is available to anyone who owns an Android handset -- not just T-Mobile subscr...
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