DemoGraFX, a digital video compression technology venture, has raised $10 million in financing from Baker Capital.
In the wake of a softening economy, Internet sports company SportsLine.com announced it is lowering its near-term revenue projections and is cutting U.S. staff 15%-20%. It said sales people would not…
IFilm has tapped former CNET exec Frank Voci to serve as executive veep of the iFilm Network, a newly created post. Voci will be responsible for overseeing all creative, editorial, programming and…
The European Commission is ending its antitrust probe into Microsoft's influence on Europe's digital cable television industry after the Internet giant agreed to limit its control over partner…
Telecommunications giant Global Crossing has secured $100 million in financing from Bear Stearns' Constellation Ventures to build a worldwide extranet for the media and entertainment industries.
Martin Leamy has been named president and chief operating officer of Mountain View, Calif.-based interactive TV company OpenTV.
When the National Assn. of Broadcasters descends on the Las Vegas desert for its annual confab April 21-26, it will be sans three major nets for the first time in the trade org's long and influential…
Troubled Internet portal Yahoo! raised eyebrows on Wall Street and in Hollywood Tuesday with news that former longtime Warner Bros. chief Terry Semel will be its chairman-CEO, effective May 1.
James Ackerman has been tapped CEO of interactive TV firm OpenTV. He succeeds Jan Steenkamp, who has ankled the post to become non-executive chairman of the Mountain View-based company looking to…
Hollywood studios on Tuesday picked up a major copyright victory by shutting down an Internet video streaming site run out of Agoura Hills.
A hammered technology market hasn't dampened the Cannes Film Festival's high-tech pavilion from attracting exhibitors.