Hulu is planning to hold discussions with a "range" of potential buyers, according to The Wall Street Journal.
Citing anonymous sources, the Journal reported today that Hulu will be meeting with potential suitors "in the coming weeks." However, forces at play within the company might make a sale difficult, the Journal's sources said.
According to the sources, Hulu CEO Jason Kilar is currently having trouble getting his company's owners--ABC, Fox, and NBC Universal--to offer more content to the site. The owners reportedly believe that they can make more money on their content by partnering … Read more
Prince, one of the most versatile and influential music acts of the past 30 years, refuses to release any more music until the Internet cleans up its act.
Best known for such hits as "Purple Rain," "Little Red Corvette," and "Let's Go Crazy," Prince claims he is sitting atop a treasure trove of unreleased songs and has no intention of offering them to the public while Web piracy goes unchecked.
"We made money [online] before piracy was real crazy," Prince said in an interview published last week in The Guardian, a … Read more
Hewlett-Packard will reportedly unveil a 7-inch tablet in August following the July 1 debut of its 9.7-inch TouchPad.
HP has ordered 400,000 to 450,000 TouchPad tablets per month from supplier Inventec, says a story in Friday's Taiwan Economic News. Inventec will supply HP with the upcoming 9.7-inch TouchPad as well as the new 7-inch tablet.
An industry insider cited by Taiwan Economic News says that HP will order around 3 million tablets from Inventec this year.
Beyond the August kickoff date, no details were revealed about the 7-inch tablet. A request to HP for comment … Read more
Flames and huge plumes of thick, black smoke shot into the sky Sunday from New Mexico's Jemez Mountains, where the famous lab was originally located atop arid mesas west of Santa Fe to better hide the top-secret Manhattan Project that produced the first atomic bomb.
On Sunday afternoon, the fire started in the nearby forest and spread quickly. High winds and weeks without moisture in the Southwest have sparked a number of massive fires throughout Arizona and New Mexico.
Google is trying to have its finger in every pie, and it's this trying to be "all things to all people" that venture capitalist Jean-Louis Gassée derides as the "spray and pray" approach in a column headlined "Google's SOE (Strategy of Everything)."
"We'll shoot arrows in the dark and when the sun rises, we'll paint a target around the one that lands in a good spot," he says, mimicking how a strategist might explain the approach. "We'll declare victory and raise a second round … Read more
If you don't believe cord cutting exists and that there isn't any competition between Netflix and cable programmers, then you needn't read on.
If on the other hand, you at least see the potential for Netflix to some day snatch customers away from the cable guys, then take note: this weekend HBO expects to see the 3 millionth download of the HBO Go app, which debuted on May 2, a company spokesman told CNET. There are 28 million HBO subscribers in the United States so the 3 million downloads would indicate that roughly 10 percent of the … Read more
Even though the Federal Trade Commission has begun a "formal review" of Google's business, the agency may never bring a case. And if trustbusters do file an antitrust suit against Google, it's not at all clear they can win.
But one lesson learned from a similar regulatory probe a decade ago is that antitrust actions alone have a way of slowing dominant companies down.
The case, of course, is the Department of Justice's antitrust suit against Microsoft. The landmark case, in which Microsoft was branded a monopolist, led ultimately to a settlement that was widely … Read more
Last summer, Facebook announced that it had achieved 500 million users and counting. Now that figure is completely outdated.
Though Facebook hasn't released an official statement yet, TechCrunch is reporting that Facebook retains approximately 750 million regular users who log in to the social-networking site at least once per month.
That number, which is larger than the population levels of at least a few countries on the planet, isn't all that surprising. The rate at which 250 million more people joined is the staggering aspect.
Facebook launched in 2004, and it took until 2010 to reach 500 million … Read more