by Elizabeth Holmes, Reporter, The Wall Street Journal
Hulu is stepping up its global initiatives to compete for audience and advertising dollars overseas.
On Monday, the video-streaming site added Johannes Larcher to its executive ranks as senior vice president of international. Mr. Larcher must work with each content provider to negotiate international rights for each video. Hulu has more than 130 content providers and 1,100 TV programs and movies, and its library continues to grow.
by Eric Savitz, Blogger and Columnist, Tech Trader Daily
There’s a spirited debate on the Street this morning about what to make of the Diploma-Gate scandal that’s broken out at Concur Technologies, which provides software used to track employee travel expenses. (We actually use their software here at Dow Jones, and I find it incredibly irritating and nonintuitive. But I digress.)
by Elizabeth Holmes, Reporter, The Wall Street Journal
Is more always better?
Hulu has expanded its content library considerably since its launch a year ago. The Internet video site has grown from 50 content partners to more than 130 and has nearly 40,000 pieces of video.
How badly does the newspaper industry need new ideas? Here’s the story I often tell when that question comes up. The year was 2005, and I had recently joined the venerable Dow Jones from Yahoo, where I had led the team that helped build the financial portal. My job at Dow Jones was head of all consumer online sites, including WSJ.com, Barrons.com and Marketwatch.com.
News Corp.’s Fox Interactive Media digital division is laying off about five percent of its workforce, or about 100 people, amid continued cost-cutting efforts, according to a person familiar with the situation.
The cuts, which started in the last month, are happening gradually unit by unit, the person said. The layoffs include all groups, from social-networking site MySpace to photo-sharing site Photobucket to mobile.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
In October, Samsung withdrew a bid to acquire SanDisk. Some speculated that Toshiba would swoop in and rescue the company, but it didn’t happen. Today, SanDisk shares rallied due to the same rumors about Toshiba–analysts noted that Toshiba could no more afford the acquisition now than it could in in the fall.
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