Media Business News and Trends

ID Business Solutions Ltd (IDBS), a provider of data management solutions to multinational R&D organizations, announced it has concluded an unconditional agreement to acquire InforSense Ltd.

Posted Jul 07, 2009

Gone are those innocent days at the turn of the century when the worst accusations being leveled at peer-to-peer (P2P) file-sharing networks were that they facilitated the unauthorized swapping of Metallica songs among tech-savvy teenage boys. The interminable hullabaloo over Napster seemed like ancient history in early May when the House Subcommittee on Commerce, Trade, and Consumer Protection convened a hearing to discuss the Informed P2P User Act (H.R. 1319), which was crafted in the wake of the discovery of documents on P2P networks that raise strong privacy and even national security concerns.

Posted Jul 03, 2009

Generation gaps are influenced by many factors: Some are moral, religious, and sociopolitical, while others are little more than quibbles over style. (Though at 18, fashion can take on fairly grandiose connotations.) While some gaps can be measured in hair or skirt lengths, others are almost unquantifiable in scope: shaped by political transformation, war, economic collapse.

Posted Jul 01, 2009

XyEnterprise, a developer of XML component content management and multi-channel delivery solutions announced that it has been acquired by SDL.

Posted Jun 30, 2009

Do-it-yourself social network platform GROU.PS has raised $1 million in the second tranche of its first round of funding.

Posted Jun 30, 2009

Microsoft is likely ready to part with interactive-ad shop Razorfish.

Posted Jun 30, 2009

Posterous, a startup that allows users to blog via email, has purchased Slinkset, which lets users set up Digg-like social news sites.

Posted Jun 30, 2009

EMpact Sales, a publisher representation group of EBSCO Information Services and Multi-Science Publishing Co Ltd, has signed an agreement in which EMpact will serve as exclusive sales and marketing representative.

Posted Jun 26, 2009

CLIR, an independent, nonprofit organization whose mission is to expand access to information, has received $28,000 from The Andrew W. Mellon Foundation to investigate the possible relevance of declassified tools developed by the intelligence community to humanistic scholarship.

Posted Jun 26, 2009

Hasso Plattner Ventures has invested in the Norwegian enterprise content management software company eZ Systems.

Posted Jun 26, 2009

Organizations from the global identity and internet communities announced the launch of Kantara Initiative, a new organization formed to solve the interoperability challenges that exist among identity-enabled enterprise, Web 2.0, and web-based applications and services.

Posted Jun 23, 2009

Newser, a news aggregation site, has raised $2.5 million in its first official round of funding.

Posted Jun 23, 2009

Animoto, a video creation platform, announced that the company has received $4.4 million in funding.

Posted Jun 23, 2009

A9.com, a subsidiary of Amazon.com, has purchased SnapTell, a startup that offers users a way to search for product information from their mobile phones.

Posted Jun 19, 2009

OCLC and the Bibliotheque nationale de France signed an agreement to work cooperatively to add records from the French national library to OCLC WorldCat, an online resource for finding information in libraries.

Posted Jun 16, 2009

Lucid Imagination, a commercial open source company dedicated to supporting Apache Lucene and Solr search technologies, announced a strategic investment from In-Q-Tel (IQT), an independent strategic investment firm that identifies technology solutions to support the mission of the CIA and the broader U.S. Intelligence Community.

Posted Jun 16, 2009

AOL announced two acquisitions: Patch Media Corporation, a local news and information platform, and Going, Inc., a local platform for people to discover and share information about things to do in a number of cities across the country.

Posted Jun 16, 2009

Despite bad news piling up for businesses worldwide, only 7% of IT professionals are losing sleep at night, according to a recent survey conducted by U.K. service management company Sunrise Software, Inc. While some smaller projects might be getting the knife in IT departments, companies' calls to increase efficiency have given them the opportunity to lead the way toward working, as the mantra goes, "smarter, not harder," according to the survey.

Posted Jun 15, 2009

Gather, a social network to make new friends and form new social circles, announced raising $5.3 million in equity financing.

Posted Jun 12, 2009

PTC, a provider of Product Lifecycle Management (PLM) and Enterprise Content Management (ECM) solutions, announced it has acquired Relex Software Corporation.

Posted Jun 09, 2009

OutStart, Inc., a provider of social business software and learning systems, has merged with Hot Lava Software, a company with applications for reaching cellular subscribers.

Posted Jun 09, 2009

In a letter to the President dated June 3rd, Consumer Watchdog and the Center for Digital Democracy called for President Obama not to appoint Andrew McLaughlin, Google public policy chief, as the nation's deputy chief technology officer.

Posted Jun 05, 2009

MashLogic, a provider of a browser extension that provides contextual information on websites, has closed a $500,000 angel round of investment.

Posted Jun 05, 2009

Prime View International, a provider and a supplier of ePaper display modules, announced that it has signed a definitive agreement to acquire E Ink Corporation, a supplier of electronic paper display (EPD) technologies, for approximately $215 million.

Posted Jun 05, 2009

Convera Corporation, a provider of vertical search services for publishers, announced the signing of a merger agreement with Firstlight Online Limited and Convera's merger subsidiary as well as Convera's intent to distribute cash to its existing stockholders of record.

Posted Jun 05, 2009

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