MediaScrape News

Comcast Launches Netflix Competitor Xfinity Streampix

Comcast taking aim at Netflix with online video streaming service Xfinity Streampix

Apple Invading the Living Room with Airplay for Mountain Lion

Apple’s Airplay for television aims to either partner with or take on big media broadcasters like ABC, CBS, FOX and NBC

Online Video Platform Brightcove Launches IPO, Shares Rise 43%

Shares of online video distribution platform Brightcove soared as much as 43%, after it raised $55 million in its initial public offering.

Société Générale Profit Plunges 89% on Soveriegn Debt Crisis, Greek Debt

The French bank Société Générale has reported a profit plunge in the last three months of 2011, as it continued to deal with the significant fallout from the sovereign debt crisis and economic turmoil.

Apple Unveils New Mac Operating System OS X Mountain Lion

Apple has unveiled its newest operating system for Macs called OS X Mountain Lion.

Barry Diller, IAC Fund Aereo which Enables Broadcast TV over the Internet

Aereo, a new start-up with $20.5 million in funding led by Barry Diller’s IAC, is offering New York City-area customers a way to watch broadcast TV over the Internet, according to Brian Stelter of The New York Times.

Yahoo Talks to Sell Back Stakes in Alibaba of China and Yahoo Japan Collapse

Yahoo‘s talks to sell back most of its stakes in Alibaba of China and Yahoo Japan to its Asian partners have apparently collapsed.

Google’s Top Genius Conference Could Change The World

Google recently hosted a series of high-level talks, inviting about fifty entrepreneurs, innovators, and scientists to the CordeValle resort, in the mountains south of San Jose.

Vodafone may Purchase Cable & Wireless Worldwide for $1.1 Billion

Vodafone has confirmed that it is considering an all-cash takeover bid for Cable & Wireless Worldwide, an embattled British telecommunications service provider.

Kohlberg Kravis Roberts 4th Quarter Profit Drops 68%

2011′s deal-making drought hit Kohlberg Kravis Roberts (K.K.R.) hard, however the private equity giant expects better times ahead.

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