Cambridge, Mass. - President Barack Obama's inauguration yesterday set a record for simultaneous video streams, peaking at 7.7 million, according to data from content delivery network Akamai Technologies (NASD: AKAM).

San Bruno, Calif. - The first live-streaming event offered by Google's (NASD: GOOG) YouTube over the weekend -- YouTube Live -- was watched by about 700,000 concurrent viewers at its peak, TechCrunch reported, citing Akamai data. The event featured a mix of both top-selling artists, like Akon and Will.i.am, and YouTube stars like Soulja Boy and Esmee Denters.

Cambridge, Mass. - Amid the rapid deceleration of the economy, Akamai Technologies (NASD: AKAM), a provider of content delivery network services, announced on Thursday that it will cut 7% of its workforce -- or 110 employees -- as part of a restructuring plan.

Cambridge, Mass. - Akamai Technologies (NASD: AKAM), a provider of technology for delivering online rich media, transactions and applications, has signed an agreement to pay $95 million in cash for acerno, a New York-based provider of consumer behavior analytics technology.

Tempe, Ariz. - Content delivery network Limelight Networks (NASD: LLWN) said on Wednesday that a federal court has denied rival Akamai Technologies' (NASD: AKAM) request for a permanent injunction against the company, which a jury previously ruled has infringed Akamai's patents.

Cambridge, Mass. - Red Swoosh, a provider of content delivery technology that was acquired by Akamai several weeks ago, has released a BitTorrent file-sharing client for the Mozilla Firefox browser, TechCrunch reported. FoxTorrent allows users manage torrents and download various media files from the BitTorrent peer-to-peer file-sharing network, as well as stream files as they are downloading.

Cambridge, Mass. - Akamai Technologies, a provider of content delivery network services that speed media content across the Internet, has acquired Red Swoosh, a provider of peer-to-peer technology for managing and distributing large media files.

Mountain View, Calif. - Akamai Technologies, a provider of content delivery network services, said on Wednesday that it has completed its acquisition of Netli, a Mountain View, Calif.-based developer communications protocol technology.

Cambridge, Mass. - Akamai, a provider of Internet content delivery network services, has agreed to pay about 3.2 million in Akamai stock to acquire Netli, a California-based provider of technology for accelerating applications and content over the Internet.

Tokyo - Akamai, a provider of content delivery network services, announced on Tuesday that its Japanese unit has signed deals with Sony and Nintendo, to speed delivery of game content for online services for the PlayStation 3 and Wii, respectively.

Cambridge, Mass. - Akamai Technologies, a provider of technology for accelerating online content and business processes, has completed its acquisition of Nine Systems Corp., a privately held, San Diego-based provider of rich media management tools for the production and publishing of online content.