Facebook last week signed agreements with several content firms -- among them Vox, Buzzfeed, ATTN and Group Nine Media, according to reports. The deals are widely viewed as part of the company's strategy to attract millennials to its live-streaming Web content. Facebook will offer multi-tiered progr...
Yahoo on Wednesday announced that it has reached a deal with Starboard Value to add four independent directors, thus avoiding a proxy fight with a key investor that has been seeking radical changes at the company. Under the agreement, Starboard CEO Jeff Smith will join Yahoo as an independent direct...
U.S. District Judge Alison Nathan last week granted broadcasters' request for a temporary restraining order against Aereo in New York. This is the latest setback for the would-be cable-killer service, which was suspended following a Supreme Court ruling this summer. Aereo had utilized small dime-siz...
Aereo may be dead in the water after the Supreme Court on Wednesday ruled it broke federal law by retransmitting programming without paying copyright fees. The company, which allows consumers to watch broadcast TV over the Internet, had been in long-running battles with broadcasters over the legalit...
A major federal agency has launched a program designed to acquire information technology and other essential goods and services for the government the same way that major corporations handle procurement. The General Services Administration, which acquires a wide range of products and services on beh...
Julius Genachowski said Friday that he is stepping down as chairman of the Federal Communications Commission, a post he has held since 2009. During his tenure, Genachowski faced a number of important issues, including media consolidation, cable and telecom industry competition and cooperation -- and...
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...
President Barack Obama emphasized the mutual benefits that come with a truly effective partnership between government and business in a speech to the U.S. Chamber of Commerce last month. Following up with a practical initiative, the White House has directed federal agencies to do a much better job o...
President-elect Barack Obama has selected former Internet executive and venture capitalist Julius Genachowski to be the next head of the Federal Communications Commission. Genachowski, who was classmates with Obama at Harvard Law School, is expected to receive an easy confirmation from the U.S. Sena...
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