• Twitter Adds Another Character: Saudi Prince Acquires Strategic Stake by Joe Mandese

    Saudi Prince Alwaleed bin Talal, who has been dubbed the "Saudi Warren Buffet for his shrewd investing skills, especially in major global media companies, this morning announced a $300 million stake in Twitter, calling it a "promising, high-growth business opportunity with a global impact." ...Read the whole story

  • Mobile Shift: Cox Sells Wireless Licenses To Verizon by Wayne Friedman

    Joining other major cable operators in looking to dramatically shift the wireless business in the U.S., Cox Communications has sold its advanced wireless services licenses to Verizon Wireless for $315 million. ...Read the whole story

  • Microsoft Accelerates Rollout In Yahoo, AOL Display Deal by Laurie Sullivan

    Data has become one of the most important pieces in the recently announced Microsoft, AOL and Yahoo display ad alliance. Microsoft ad execs have found data-rich markets tend to have the greatest success for bidders and buyers tapping the exchange. ...Read the whole story

  • Horizon Media Places Client Ads On Legolas Exchange by Steve McClellan

    After a year of testing and development, Legolas has formally launched its new display ad platform and Horizon Media has signed as its first major agency partner. The shop says Legolas charges a "fraction" of usual online network CPMs. ...Read the whole story

  • Top-Rated Media Cos: Apple Leads Pack by Gavin O'Malley

    The top 25 new media companies averaged $3.07 billion in revenue for the September quarter, up 22.6% from the prior-year period average of $2.50 billion. By sub-sector, Apple, Microsoft and Amazon -- in that order -- remained the revenue leaders among diversified new media companies. ...Read the whole story

  • 99M Tablets Expected To Ship Worldwide In 2012 by Mark Walsh

    Boosted by strong sales of the Kindle Fire, JP Morgan forecasts worldwide tablet shipments will climb 55.2% to 99.3 million next year and reach 132.6 million by 2013. The investment bank had previously estimated tablet shipments would reach between about 70 million and 80 million next year. ...Read the whole story

  • Online Video Views Dip, Yahoo Sees Gains by Mark Walsh

    After hitting an all-time high in October, the number of online videos viewed in November slipped from 42.6 billion to 40.9 billion in November, but Vevo and Yahoo registered audience gains. Given YouTube's dominance, the battle is for second place. ...Read the whole story

  • Gripe Site PissedConsumer.com Wins Round In Lawsuit by Wendy Davis

    In one of the more unusual cases involving gripe sites, two companies are attempting to force PissedConsumer.com to revise the way it encodes reviews in order to make them less prominent in search engine results. ...Read the whole story

  • Android Opens Online Training Site by Steve Smith

    In an effort to address its ongoing app inferiority complex, Google just unveiled an extensive online training site. Android Training is a series of tutorials, best practices, code samples and general advice that the company hopes will help the development community produce better apps. ...Read the whole story

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