The president of MTV, Christina Norman, is stepping down after almost three years of trying to revitalise the cable channel and adding music and reality-based programming. Van Toffler, the president of the MTV Networks' Music and Logo Group, will assume Norman's day-to-day responsibilities for MTV.

From David Del Valle in Barcelona The European Commission’s decision to bet on the DVB-H standard to for Europe has been fiercely criticised by the Qualcomm-sponsored FLO Forum at the MWC in Barcelona which has demanded a neutral position from European authorities in the emerging mobile TV business. “It is still very premature having a […]

Pay-TV sports broadcaster Setanta Sports was at the centre of takeover speculation after reports of a £1 billion-plus (E1.4bn) offer for the business. The Irish company received the unsolicited approach from a unnamed European media company and the interest could spark a flood of rival offers, reported the Sunday Telegraph. BT, Virgin Media and US […]

Yahoo’s board is expected to officially reject Microsoft’s takeover bid concluding the $44.6 billion offer “undervalued” the company, and want an offer equivalent to $40 a share, rather than the $31 offered by Microsoft. The company’s share price has increased so much since the offer was made that Yahoo’s market value now exceeds Microsoft’s offer, […]

The Kudelski Group, specialists in CA, have agreed to acquire EmbedICs, a US-based embedded software, cryptography and fabless semiconductor design firm.

Teleste has acquired the Finnish software and video service solution provider Ortikon Interactive Ltd. Founded in 2000 Ortikon develops complete integrated software solutions designed for video business. The company supplies the related comprehensive systems mainly for European cable operators. As demand for the new video services increases in Europe the market share of digital headend […]

BBC World, the commercial arm of the BBC, has confirmed it is in talks with private equity groups to raise funds for possible acquisitions. The Times suggested it wanted to raise up to £1 billion (E1.38bn). The BBC has a £350 million commercial borrowing limit set by government. In recent years it has borrowed some […]

BT saw profits before tax and after exceptional items fall 30 per cent to £447 million (E620m) in the last quarter of 2007. But the group reported strong growth in its broadband and global services divisions, where profitability grew. BT’s retail unit achieved a 35 per cent share of all new broadband connections during the […]

Cisco matched second-quarter targets making $2.1 billion up from the year-ago $1.9 billion. Revenue rose 17 per cent from a year ago to $9.8 billion. Excluding certain costs, earnings rose to 38 cents a share from 33 cents a year ago. Analysts were looking for the company to make 38 cents a share on revenue […]

Time Warner has folwed up its results with news it is separating AOL's dial-up internet access service from its faster-growing online advertising business. The move could presage a sale or further realignment of both businesses. Jeff Bewkes, Time Warner's chief executive, called the split “one of our top priorities”, adding: “This should significantly increase AOL's […]