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The console sales numbers for February are here, and sales have yet to slow down appreciably from the phenomenal year we had in 2007. But Microsoft has cause for concern about Sony's performance.
Game publisher Electronic Arts is turning to shareholders in its fight to acquire rival Take-Two Interactive Software. The world's largest game publisher announced yesterday that it would pay $26 per share of Take-Two stock, the same price the Take-Two board rejected last month.
Almost eight years ago, Yahoo decided to lend a little start-up a helping hand, featuring its search technology on the Yahoo home page and giving it money at a critical juncture. In cutthroat Silicon Valley, no good deed goes unpunished.
By integrating digital video recording (DVR) features into Apple TV, Apple stands to transform it's niche media hub business into a serious growth driver worth over a billion dollars annually, according to one Wall Street analyst.
AOL issued a press release on Thursday morning to announce that the company has acquired social-networking site Bebo. The price tag, according to the AOL statement, is $850 million in cash. Neither company has yet stated when the deal is expected to be closed.
TechCrunch reported early on Friday that four companies are in the running to place bids on Digg--Microsoft, Google, and two unidentified "media companies"--and that a sale may happen soon.
Sprint Nextel may be a takeover target, according to one of the nation's largest investment banking firms.
Intel vowed Wednesday to reverse the financial hemorrhaging it has seen in recent months due to falling prices for NAND flash memory chips - even as it hastens its move into new markets for computer chips.
According to Pacific Crest Washington analyst Erik Olbeter (yeah, you know, Erik Olbeter), the seemingly ill-fated, extremely drawn out XM and Sirius merger now seems, "Less likely."
CNET is reporting that tech-focused advertising network Federated Media (which sells advertising on our behalf) is looking for a new round of financing.
Everybody clamoring for a cheap Blu-ray player now that the format war is over might wanna bide their time with a sweet DVD upconverter—the $200-player Blu-ray cavalry is at least a year away, according to Sony Electronics CEO Stan Glasgow, who we talked to today in New York.
Yahoo and Time Warner have held talks on a deal designed to thwart Microsoft's bid for Yahoo, according to a report in The Wall Street Journal.
It's been a year-and-a-half since Amazon launched Unbox, its movie download service that competes with Netflix and iTunes. Amazon has a partnership with TiVo to allow people to download movies straight to their TV set-top boxes.
The Electronic Frontier Foundation and Free Press, two of the biggest backers of the FCC's investigation into Comcast's traffic management practices, late last week filed reply comments with the Commission.
The organizer of a federal hearing Monday at Harvard Law School on Comcast's treatment of subscriber Internet traffic said yesterday that "seat-warmers" hired by the company prevented other people from attending.
We've seen this dance before—a big, bad boy with deep pockets goes a-courting a dainty but pretty partner. The target rebuffs this advance, and things turn hostile pretty quick.
Sony and Sharp have forged an alliance to help them meet the growing demand for liquid crystal display televisions. Sony is to take a one-third stake in Sharp's $3.5bn (£1.8bn) LCD panel factory, which is due to be completed in March 2010.
The first major ripple from Electronic Arts' takeover bid for Take-Two Interactive Software pulsated through the stock market Monday, driving Take-Two's share price up 55 percent, a company record.
Take-Two immediately rejected the offer, just as it rejected previous approaches from EA that were made privately but detailed Sunday when EA went public with its bid of $26 a share.
As proof that it's spending its marketing dollars wisely, Kimberly-Clark Chairman-CEO Thomas Falk told analysts last week that the company expects to spend only 46% of its marketing budget on TV this year, down from 60% in 2004.
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