DMW Daily, December 9, 2008Tokyo
- Sony announced on Tuesday that it will cut 8,000 jobs, or about 5% of its
global electronics workforce, as part of a plan to reduce costs by $1.1 billion
annually amid the economic downturn, the Associated Press reported.
[more..]
San Francisco - Three of the four major record labels have
signed on to back Choruss, an independent nonprofit organization that would
collect and distribute monies paid by universities and Internet service
providers for blanket digital music licenses, Wired.com reported, citing an
industry source.
[more..]
Washington
- Following several months of discussions, two of the nation's largest
technology trade associations, AeA (American Electronics Association) and the Information
Technology Association of America (ITAA), said on Tuesday that they have agreed
to merge.
[more..]
Reston, Va.
- During an opening event on Tuesday, Google inaugurated a new office in the
suburbs of Washington, DC that will focus on the federal
government.
[more..]
Lyon, France - France-based video game
publisher Infogrames, the parent company of Atari, announced on Tuesday that it
will acquire Los Gatos, Calif.-based Cryptic Studios, a developer of massively
multiplayer online games, for $27.6 million in cash and shares.
[more..]
New York
- Independent record label Team Love, co-founded by Bright Eyes frontman Conor
Oberst, on Tuesday launched the Team Love Library, a rotating online archive of
the label's existing releases and exclusive content that will be available for
free download in the MP3 format.
[more..]
Mountain View,
Calif. - Kosmix, the developer of
a search engine that organizes the Web by topic, has raised $20 million in its
fourth round of venture capital financing, led by Time Warner Investments.
[more..]
Atlanta
- 2080 Media, a company that helps customers produce and distribute untelevised
live sporting events, has raised $3 million in venture capital, according to a
report by the Atlanta Business Chronicle.
[more..]
n/a
San Francisco - News Corp.'s MySpace has partnered with
Google to make is "MySpaceID" service, which allows a single login to
work on multiple sites, compatible with Google's own similar Friend Connect
service, the Associated Press reported.
[more..]
Alviso, Calif. - TiVo on Tuesday launched Pause
Menu, a new advertising unit that places targeted ads within the pause screen
of a live or time-shifted program.
[more..]
Stockholm,
Sweden - Scandinavian
telco TeliaSonera has launched an unlimited music download service that will
eventually be available to 13.3 million subscribers in six countries.
[more..]
Los Angeles
- Hip-hop artist Soulja Boy has signed a deal to develop a branded video game
for the Xbox 360 that will launch in 2009, according to an interview on
Complex.com cited by Kotaku.
[more..]
San Francisco
- A former video rental store owner-turned collaborative filtering technology
developer on Tuesday launched ClerkDogs, a new movie recommendation engine that
mixes technology with "video clerk analysis."
[more..]
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