Movie rental service Netflix (NFLX) has hired a new executive to bring its Internet streaming service to more living rooms.
Netflix plans to announce Thursday that it’s hired Gregory K. Peters as VP of partner products. He will be in charge of partnerships with gadget companies to offer devices like Blu-ray players and set-top boxes that [...]
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Jury to deliberate in MySpace suicide case
The suicide of a Missouri teen could have been avoided had she not been tormented online by a mom who lived a few houses away, prosecutors said on Monday, describing the girl’s death as a tragedy.
The jury will begin deliberating on Tuesday in the federal case against Missouri woman Lori Drew, who is accused of [...]
Netflix Hires Exec To Head Up Streaming Gadget Deals (NFLX)
Google Crashes Through $300…Is It Finally Cheap?
Google crashed through the $300 barrier this afternoon, only a month or so after smashing through $400. So, at $290, is it finally cheap?
“Cheap?” No.
“Pretty darn reasonably priced?” Yes.
At $290, Google’s enterprise value (excluding cash) is about $83 billion, or 15X trailing free cash flow of $5 billion. In last year’s market, that would have [...]
Medis Power Pack: A fuel Cell Gadget Charger
by Martin LaMonica
If you need more proof that thin-film solar cells is where the action is going, take a look at the money flow.
SoloPower is raising almost $200 million to ramp up manufacturing of its thin-film solar cells, according to a report in VentureWire picked up by other media outlets.
Tags: Business, CIGS, media, SoloPower, [...]
Does Facebook have an answer for MySpace Music?
by Caroline McCarthy
With the launch of the much-anticipated MySpace Music expected within the week, tech industry wags are already asking if MySpace’s archrival Facebook has its own “social music” strategy.
Tags: advertising, Entertainment, facebook, media, music, myspace, social networking
Man Bites Dog: Media Firm Raises 2008 Online Ad Estimate
Like just about everyone else making ad forecasts, Aegis media buying unit Carat has just lowered its’ estimates for 2008 advertising growth. But unlike just about everyone else, Carat raised its forecast for online advertising, noting that dollars are shifting online faster than they expected in March.
The overall U.S. advertising economy is looking weak to [...]
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