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Yahoo Shuttering Mash Social Network

Authored by Mark Hefflinger on August 29, 2008 - 10:23am.

Sunnyvale, Calif. - Yahoo (NASD: YHOO) has decided to shutter its Mash social network, after just a year in beta, CNET News.com reported, citing an email sent to Mash members. The site allowed users to create shell profiles for their friends, and then invite them to join Mash and fill the rest in themselves. "Thank you for trying out our Mash Beta service. We hope you had fun with it. Please note that we will shut down Mash on September 29, 2008. As a result, your current profile on Mash will no longer be available," reads the note from Yahoo community manager Matt Warburton.

News Corp.'s FX to Offer Streaming Episodes Online

Authored by Mark Hefflinger on August 29, 2008 - 10:21am.

Los Angeles - News Corp.'s (NYSE: NWS) FX network will begin streaming full episodes of its shows from its own website for the first time starting next month, Broadcasting & Cable reports. Previously, episodes of FX series were available for streaming on Hulu and Fancast, and for sale from iTunes. FXnetworks.com expects to offer ad-supported streaming episodes of all of its series -- except "The Shield," for which it does not own streaming rights -- including "It's Always Sunny in Philadelphia" and "30 Days."

tags: Video | TV | News Corp. | FX |

Gillette, EA Partner on Game Tournament, Global Promotions

Authored by Mark Hefflinger on August 29, 2008 - 10:20am.

Boston - Electronic Arts (NASD: ERTS) on Friday announced a partnership with grooming products purveyor Gillette and pro golfer Tiger Woods on a joint promotional campaign. The promotion will include retail, print, TV and online advertising, and a video game tournament that will pit consumers against real-life sports celebrities. "Joining Gillette to present such an ambitious global gaming tournament as the Gillette -- EA SPORTS Champions of Gaming is great news for sports fans and works to continue the globalization of our brand," said Peter Moore, president of EA Sports.

Report: Podcast Consumption Up; Still Not a Daily Fixture

Authored by Mark Hefflinger on August 29, 2008 - 8:48am.

Washington - While podcasting "has yet to become a fixture in the everyday lives of Internet users," consumption is on the rise, as 19% of all Internet users say they have downloaded a podcast, up from 12% in August 2006, according to a new report from the Pew Internet & American Life Project.

Comcast Sets 250GB/Month Bandwidth Cap for ISP Subscribers

Authored by Mark Hefflinger on August 29, 2008 - 8:12am.

New York - Comcast (NASD: CMCSA), the nation's largest cable TV provider and second-largest broadband ISP, announced this week that it will set a 250GB per month bandwidth cap for its high-speed Internet subscribers, and suspend the accounts of second-time offenders for an entire year. The company noted that most residential subscribers consume an average of about 2 or 3GB of bandwidth per month, and that a subscriber could download four standard-definition movies a day and not hit the limit.

tags: P2P | Comcast |

TechWeb's Light Reading Acquires Pyramid Research

Authored by Mark Hefflinger on August 29, 2008 - 7:56am.

San Francisco - Light Reading Communications Network, a publishing, events and research company for the communications marketplace owned by San Francisco-based TechWeb, said that it has acquired Pyramid Research, a Massachusetts-based provider of communications industry market data.

Napster Open to Sale; Rejects Dissident Board Candidates

Authored by Mark Hefflinger on August 29, 2008 - 7:47am.

Los Angeles - Napster (NASD: NAPS) has hinted that the company is up for sale again, saying in its response to a dissident shareholder group that the company is once again exploring possible strategic alternatives, and has retained UBS Investment Bank to assist in the process. The company hired UBS two years ago to explore a possible sale, but no deal emerged. Napster informed shareholders of the move in a letter that also said the company believes that three proposed dissident board candidates are "unqualified."

Majesco Receives Nasdaq Delisting Warning

Authored by Mark Hefflinger on August 29, 2008 - 6:56am.

Edison, N.J. - Video game publisher Majesco (NASD: COOL) said on Thursday that it has received noticed from the Nasdaq that its shares are in danger of being delisted from the exchange, having fallen below the $1 minimum share price requirement for 30 consecutive days.

tags: Games | Majesco | Nasdaq |

Square Enix Seeks to Acquire Majority Stake in Tecmo

Authored by Mark Hefflinger on August 29, 2008 - 6:42am.

Tokyo - Japanese video game publisher Square Enix said on Friday that it has made a bid for a majority stake in struggling fellow game publisher Tecmo, in a deal valued at about $102 million.