Ad: Manage updates with the Download App
ie8 fix

broadcast.com

Yahoo exec rips Google for overpaying for YouTube

Someone from Yahoo has accused Google of overpaying for YouTube.

Oh, the irony.

Steven Mitzenmacher, a Yahoo senior director of corporate development, is skeptical that Google has recouped the $1.65 billion the search company paid in October 2006 to acquire YouTube, the Web's top video-sharing site. According to a story in The Wall Street Journal, Mitzenmacher was speaking on a panel at the Global Technology Symposium in Menlo Park, Calif., on Friday. Also on the panel were execs from LinkedIn, Adobe, and Google.

The paper reported Mitzenmacher was ballyhooing Yahoo's plans for "a very big year&… Read more

SEC charges Mark Cuban with insider trading

This post was updated at 3:39 p.m. with observations from attorney John Hueston, the former federal co-lead prosecutor in the Enron case.

Digital media maverick Mark Cuban was charged with insider trading by the Securities and Exchange Commission, the agency announced Monday.

Cuban, the founder of Broadcast.com and owner of high-def cable channel HDNet and the Dallas Mavericks, allegedly was invited to participate in a private investment in Internet search engine company Mamma.com back on June 28, 2004. But instead of keeping the information confidential, Cuban, who was Mamma's largest investor, called his broker within … Read more