Category Archives: News

Microsoft Invests USD$240 Million In Facebook

After a lot of rumours flying around the internet about Facebook looking for investors or buyers and the rumour being continually shot down; today sees an announcement that Microsoft have invested USD$240 million dollars in Facebook. The $240 million dollars … Continue reading

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Google Acquires Feedburner

Google have acquired the popular XML feed distribution and advertising platform Feedburner for approximately USD$100 million. There has been rife speculation about the Feedburner deal on various web sites over the last month and the cat is finally out of … Continue reading

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Google Acquires DoubleClick

April 13th saw Google finalise a deal to acquire online media and advertising heavy weight DoubleClick Inc. The announcement from Google states that they’ve purchased DoubleClick for USD$3.1 billion in cash from San Francisco based private equity firm Hellman & … Continue reading

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Channel Nine CEO Eddie McGuire Resigns

On Friday 18th May, Eddie McGuire announced that he will resign as the Chief Executive Officer for the Channel Nine television network. There hasn’t been a lot of coverage as to why he has resigned as the Channel Nine CEO, … Continue reading

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EMI Removes Digital Rights Management (DRM)

Music industry heavy weight EMI has announced that it will allow the download of their music catalog online without Digital Rights Management attached to the files. DRM was released with the intention it would curb digital media piracy. Unfortunately, implementing … Continue reading

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