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Yahoo is apparently determined to show that it can do more than pay $1.1 billion for a bunch of teenage girls’ blogs. Unnamed sources tell Bloomberg that Yahoo has submitted an offer to buy video streaming website Hulu, a sign that the company is still considering ways to counter the enormous video streaming clout that Google now holds with YouTube. Yahoo was interested in buying a majority stake in French video streaming website Dailymotion earlier this year but that deal fell apart after the French government reportedly threatened to block it. In making an official bid for Hulu, Yahoo will be competing with Time Warner Cable, which is considering buying a 33% equity stake in the company. It’s unknown at
The good news with patent suits is that even when they’re successful they very rarely result in outright sales bans of popular products. And now Ars Technica reports that yet another attempt to enforce a sales ban has fallen flat on its face, this time Motorola’s attempt to stop sales of Microsoft’s Xbox. According to Ars, Motorola filed suit against Microsoft back in 2010 because its Xbox allegedly infringed upon Motorola patents that detailed technologies for “video transmission and compression as well as Wi-Fi.” Motorola’s quest against the Xbox ended this week, however, when a six-person panel at the International Trade Commission decided to toss out the company’s complaint. A Microsoft spokesperson described the ITC’s decision as “a win for
LOS ANGELES (AP) — News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.