Home » Archives by category » Business (Page 984)

Gilat assesses bids

Gilat the Israeli satellite network group, is evaluating interest from several strategic and private equity buyers in buying the company. The company, which is listed on Nasdaq in the US…

Viacom won't back down on Google

Viacom has stated that it will not drop its $1 billion lawsuit against YouTube parent Google. Philippe Dauman, Viacom’s chief executive, said that Google had not done enough to prevent…

FACT shuts pirate site

The first closure of a major UK-based pay-TV pirate site was accompanied by raids and an arrest, the anti-piracy group Federation Against Copyright Theft (FACT) has reported. Kieron Sharp, FACT…

Ofcom warns adult channels

Ofcom has warned that all adult channels face being encrypted following a spate of complaints over explicit content including allegations of on-air masturbation and the promotion of premium-rate services. The…

Pace Micro on track

Mike McTighe, Chairman of Pace Micro Technology said “I am pleased to say that Pace is on track to meet the Board's recently revised expectations for the shortened 2007 financial…

Police may probe ITV phone scandal

UK police may investigate the ITV phone-in scandal affair if asked to by Ofcom, and it is already reviewing evidence in the GMTV case. On ITV, the Metropolitan Police said…

DirecTV sues Cox over HDTV ads

In the latest tit-for-tat DirecTV has sued Cox Communications, charging the cable operator with making false claims about its High-Definition picture. The lawsuit charges that Cox’s Internet ads include “false…

Google growth double online average

Google said net income in the third quarter surged 46 per cent compared with the period a year earlier. Sales rose 57 per cent, topping Wall Street's bullish forecasts. The…

Media giant principals to combat piracy

A group of digital media heavyweights have issued a set of guidelines on copyright protection. The group–including Viacom, Walt Disney, Microsoft, Fox, MySpace and NBC Universal–agreed to use technology to…

Ofcom will auction 2G capacity

UK's Ofcom is to 'grab back' capacity 02 and Vodafone have been licensed for restricted 2G services. The original mobile phone companies Vodafone and O2, formerly Cellnet, were given 2G…

Sky Italia first profits

From Branislav Pekic in Rome Sky Italia is set to turn a profit for the first time since launch in Italy in 1991 under the brand Tele+. The results of…

ITV: problems with 10m calls

ITV’s long-awaited Deloitte report into premium rate phone-in scandals has uncovered problems with up to 10 million calls to the broadcaster’s major entertainment shows. These involved viewers still being encouraged…

FCC to lift ownership rules?

The head of the Federal Communications Commission has revealed a plan to relax the media ownership rules, including repealing a rule that forbids a company to own both a newspaper…

Bank of Ireland US Media appointment

Bank of Ireland has confirmed the appointment of Michele Roller to its US Media Finance team in a move that demonstrates the Bank's continued commitment to strengthening its North American…

Cablevision on brink

The Dolan's plan to take Cablevision private is on the brink as ClearBridge Advisors, the largest institutional shareholder in declares it plans to vote against the Dolan family’s $10.6 billion…

Ericsson crash on profits warning

Having apparently been outperforming many of its rivals dust during the past year and a half, the world's leading telecommunications equipment maker issued a sales and profit warning. It said…