Archive - May 24, 2006 | Digital Media Wire

Web Developer - Embarc - Newton Upper Falls, MA

Authored by dmw on May 24, 2006 - 10:29pm.

Embarc is an Internet solutions company, founded in 1995, that consistently delivers strategic planning, award-winning creative design and leading-edge technical services in order to achieve Net Results.

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Summer Internships Available at Digital Media Wire

Authored by dmw on May 24, 2006 - 10:22pm.

Digital Media Wire is offering summer internships to a few talented and highly motivated individuals, who have skills in the following areas: Online Journalism and Marketing.

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Video Software Engineer - Anystream - Sterling, VA

Authored by dmw on May 24, 2006 - 9:53pm.

The world's leading media, education, and broadcast institutions turn to ANYSTREAM to broaden the reach of their content on the web, on-demand, and on myriad mobile devices.

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Judge Approves Terms of Sony BMG "Rootkit" CD Settlement

Authored by Mark Hefflinger on May 24, 2006 - 7:52pm.

New York - A U.S. District Court judge has given final approval to a settlement for consumers who purchased Sony BMG music CDs that featured a "rootkit" security measure that put their computers at risk.

StreamCast Sues eBay, Others for $4.1 Billion Over Rights to Skype

Authored by Mark Hefflinger on May 24, 2006 - 7:48pm.

Los Angeles - StreamCast Networks, distributors of the Morpheus peer-to-peer file-sharing software, has filed a lawsuit against Skype parent company eBay and 21 other defendants, claiming it had first rights to the Internet telephone technology and seeking over $4.1 billion in damages.

Share Price of Internet Telephone Firm Vonage Drops 12% After IPO

Authored by Mark Hefflinger on May 24, 2006 - 7:46pm.

Edison, N.J. - Shares in Vonage, the New Jersey-based provider of Internet-based telephone services, dropped more than 12% in the company's first day of trading as a public company on Wednesday.

XM Satellite Radio Lowers Subscriber Forecast; Shares Tumble

Authored by Mark Hefflinger on May 24, 2006 - 7:30pm.

Washington - Citing a softer than expected market, along with its legal troubles, XM Satellite Radio on Wednesday lowered its subscriber forecast from 9 million to 8.5 million by the end of the year.

TiVo, EchoStar Continue Battle Over Digital Video Recorder Patents

Authored by Mark Hefflinger on May 24, 2006 - 7:28pm.

Alviso, Calif. - Both TiVo and satellite TV firm EchoStar Communications say they have benefited from a federal patent office ruling that relates to a patent infringement lawsuit TiVo won against EchoStar over digital video recorders.

SEC Launches Probe into CNET's Stock Option Grants

Authored by Mark Hefflinger on May 24, 2006 - 7:25pm.

San Francisco - CNET Networks, the San Francisco-based technology media company, said on Wednesday that the Securities and Exchange Commission (SEC) has launched an informal probe into its stock option grants.

Martha Stewart Plans Online Social Networking Site for Women

Authored by Mark Hefflinger on May 24, 2006 - 7:24pm.

New York - Martha Stewart's online company is planning to launch a social networking site similar to MySpace, but that will cater to women ages 25-45, Reuters reported.

tags: Internet | Social Networking | Martha Stewart | Women |

Harris Corp. to Acquire Aastra Digital Video for $35 Million

Authored by Mark Hefflinger on May 24, 2006 - 7:22pm.

Melbourne, Fla. - Harris Corp., a major communications and defense technology company, has agreed to acquire Aastra Digital Video, a New Jersey-based unit of Aastra Technologies that develops video networking, encoding, decoding, and multiplexing technologies used by television broadcasters, telecommunications providers and satellite networks.

Digital Content Printing Firm Presto Services Raises $10 Million

Authored by Mark Hefflinger on May 24, 2006 - 7:18pm.

Mountain View, Calif. - Presto Services, a developer of technology that will let consumers without computers or Internet access share digital content, announced on Wednesday that it has raised $10 million in its first round of venture capital financing.

Market Research Firm Telephia Launches Mobile TV User Panel

Authored by Mark Hefflinger on May 24, 2006 - 7:17pm.

San Francisco - Telephia, a provider of performance measurement information to the mobile industry, said on Wednesday that it has launched the industry's first mobile television user panel, designed to measure the attitudes and behaviors of mobile TV users.

Disney Partners with Shanda to Launch Online Games in China

Authored by Mark Hefflinger on May 24, 2006 - 7:16pm.

North Hollywood, Calif. - Walt Disney Internet Group announced on Wednesday that it will enter the Chinese online games market, through an agreement Shanda Interactive Entertainment.

Midway Games to Sell $75 Million in Convertible Notes

Authored by Mark Hefflinger on May 24, 2006 - 7:14pm.

Chicago - Midway Games announced on Wednesday that it will raise $75 million through the sale of 20-year convertible notes.

Majesco Gets Extension on Nasdaq Listing Requirement

Authored by Mark Hefflinger on May 24, 2006 - 7:12pm.

Edison, N.J. - Video game publisher Majesco announced on Wednesday that the Nasdaq has granted the company an extension to regain compliance with its minimum stockholders' equity rule for continued listing on the exchange.

tags: Games | Investing | Majesco | Nasdaq |

Sprint Introduces Music-Focused FUSIC Phone from LG

Authored by Mark Hefflinger on May 24, 2006 - 7:10pm.

Overland Park, Kan. - Sprint on Wednesday introduced the LG Electronics FUSIC mobile phone handset, a music-focused model that will feature tight integration with its Sprint Music Store.

MySpace Launches Nine-City Bside Roadshow Tour

Authored by Mark Hefflinger on May 24, 2006 - 6:52pm.

Austin, Texas - Social networking site MySpace on Wednesday announced the launch of the Bside Roadshow, a touring independent film and music festival that will feature nine stops during the month of June.

AtomFilms Distributes Shorts on Verizon Wireless V CAST Service

Authored by Mark Hefflinger on May 24, 2006 - 6:38pm.

San Francisco - Atom Entertainment, a distributor of short films and online games, announced on Wednesday that it has made several new short films developed by its AtomFilms Studio available for viewing on Verizon Wireless' V CAST mobile entertainment service.

ROO to Provide Online Video Delivery for Citadel Broadcasting

Authored by Mark Hefflinger on May 24, 2006 - 6:33pm.

New York - Online video delivery provider ROO announced on Wednesday that it has signed an agreement to deliver online video for the Citadel Broadcasting Company, which owns 222 radio stations in 49 U.S. markets.