Recent Articles

Box Reveals Plans for Initial Public Offering
/ March 25, 2014 4:07 pm
Box Reveals Plans for Initial Public Offering

Nearly two months after the news first was reported, Los Altos-based Box, the developer of an online file sharing and collaboration service, revealed late Monday that it had filed with the Securities and Exchange Commission (SEC) to raise up to $250 million in its initial public offering (IPO). The company has not yet disclosed specific details of the offering, such as the number of shares to be sold or their expected price range. Read More

eBay Rallies Shareholders Against PayPal Spinoff
/ March 25, 2014 4:00 pm
eBay Rallies Shareholders Against PayPal Spinoff

Hoping to rally shareholders against a proposal by activist investor Carl Icahn, San Jose-based eBay said on Tuesday that a spinoff of online payment arm PayPal would be detrimental to both companies. Icahn, who owns more than 2% of eBay, has submitted a non-binding proposal to spin off PayPal into a separately traded public company, and has put up two nominees for election to eBay's board. Read More

Disney to Acquire Maker Studios
/ March 25, 2014 2:52 pm
Disney to Acquire Maker Studios

Furthering its goal of bringing content to consumers on all the platforms they prefer, The Walt Disney Company (NYSE:DIS) has agreed to acquire Maker Studios, the leading network of online video content on YouTube. Maker Studios shareholders will receive total consideration of $500 million, and a performance-linked earn-out of up to $450 million if the strong performance targets are met. Read More

Ben Sherwood to Succeed Anne Sweeney as Co-Chairman of ABC Mediaworks & President of Disney/ABC Television
/ March 25, 2014 2:47 pm
Ben Sherwood to Succeed Anne Sweeney as Co-Chairman of ABC Mediaworks & President of Disney/ABC Television

The Walt Disney Company [NYSE: DIS] today announced that ABC News President Ben Sherwood will assume the title of co-chairman, Disney Media Networks and president, Disney/ABC Television Group on February 1, 2015. Anne Sweeney, Co-Chair, Disney Media Networks and President, Disney/ABC Television Group, will remain in that capacity through January 2015. Read More

LiveSafe Lands $6.5 Million Round, Led by IAC
/ March 25, 2014 12:42 pm
LiveSafe Lands $6.5 Million Round, Led by IAC

LiveSafe, an Arlington-based developer of mobile safety technology, said on Tuesday it has raised $6.5 million in its first round of funding, led by IAC, the online media giant led by Barry Diller. Diller will join the company's board of directors. "We are thrilled to have IAC's financial investment and strategic guidance as we work to scale the impact of LiveSafe's mobile safety application," said Jenny Abramson, the company's president and CEO. Read More

New Report: Evaluation & Ranking of Global CDNs
/ March 25, 2014 9:11 am
New Report: Evaluation & Ranking of Global CDNs

Publisher's Note: The following is a free report being offered to DMW readers on behalf of Limelight Networks, a DMW advertiser. The "ESG Lab Validation Report" analyzes the results of an industry-wide acceleration technology “bake-off” with rankings to provide valuable insight into the global performance of leading CDNs. Read More

Data Management Firm Actifio Raises $100 Million
/ March 24, 2014 5:39 pm
Data Management Firm Actifio Raises $100 Million

TechCrunch reports that Actifio has raised $100 million in its recent round of funding. The funding round was led by Tiger Global Management with participation from previous investors including Advanced Technology Ventures, Greylock IL, Technology Crossover Ventures, and Andreessen Horowitz. Read More

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