If you are having trouble viewing our video player, check out MediaBytes on YouTube. The WSJ is reporting that former AOL Chief Executive Jonathan Miller maybe purchasing Yahoo for between $28-30 billion, roughly $22 a share. Yahoo’s stock benefited from the rumor, up 7% to $11.50. While the rumor mill is heating up, it should Continue Reading →
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If you are having trouble viewing our video player, check out MediaBytes on YouTube. A jury convicted Senator Ted “Tubes” Stevens on all seven felony counts which violated federal ethics laws. Stevens is guilty of failing to report thousands of dollars in gifts and home renovations. Stevens, who was until recently Alaska’s most prominent Continue Reading →
A few years ago, I had the pleasure of hearing Jack Stanley, director of the Thomas Edison Menlo Park Museum, speak about the life and times of the inventor. From 1876 to about 1884, Edison got about 400 patents, a rate of almost one a week. Stanley called Edison, the New Jersey town, “the center Continue Reading →
If you are having trouble viewing our video player, check out MediaBytes on YouTube. Sony drastically cut its financial forecast, with analysts noting that its profit for the fiscal year ending in March 2009 could plunge 59% from the year before. Sony expects to post a $215.2 million profit for July-September, down 72% from Continue Reading →
If you are having trouble viewing our video player, check out MediaBytes on YouTube. If elected President, Barack Obama would create the first-ever Cabinet level Chief Technology Officer. Obama thinks that the US is not doing nearly enough to create jobs in the tech sector and believes an executive position would better the situation. Continue Reading →
Here’s what’s supposed to happen. The digital transition takes place, new 4G networks spring up all over, tons of VC money is aimed at advanced advertising and personal media consumption devices, audiences fragment into unbelievably small markets, but technological advances in metrics and accountability take the art of marketing to new quantitative levels, by 2020 Continue Reading →
Here’s a knee-slapper: “What did Comcast just say to its broadband customers?” Answer: “250GB of data per month ought to be enough bandwidth for anyone!” Get it? Sorry, it’s an inside joke. In response to getting busted by the FCC for illegally throttling consumer Internet traffic, Comcast put a 250GB per billing cycle cap on Continue Reading →
If you are having trouble viewing our video player, check out MediaBytes on YouTube. The Senate passed the financial industry economic recovery plan. The proposed bailout will now head to the House of Representatives where it will be voted on tomorrow. The bailout grew from a two-and-a-half page outline to over 400 pages of Continue Reading →
The Hollywood Reporter asks: “What makes the Emmy’s Unique?” Seth MacFarlane, answers: “I think what makes the Emmy’s special is that no one watches them anymore.” The AP asked, “Are the TV writers still on strike?” USA Today: “It was hideously awful from start to harried finish, dragged down by five amateurish reality anchors who Continue Reading →
With the recent collapse of three of five major American financial institutions, a war going into its sixth year, an election that is far from predictable and a housing crisis that has thousands struggling to pay their mortgages, it’s no surprise that Americans are worried about the future. To make matters worse, the rising cost Continue Reading →