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A federal jury ruled in favor of Verizon Communications on Thursday in a patent lawsuit against Vonage Holdings. Vonage must pay the telecom giant $58 million in damages plus royalties for infringing on three patents for Internet telephone technology.
Four decades ago next Tuesday, WNYW/ Ch. 5, then WNEW, changed TV nationwide with the launch of a 10 p.m. newscast.
The concept was unheard of then - a prime-time newscast - but now the format is a staple in most major markets.
"Chet Huntley told me I was out of my mind to do this," says Bill Jorgensen, the first anchor of the 10 p.m. newscast.
New York Observer publisher Jared Kushner has bought something new! It's a website called Politics NJ.
The Tribune Company said on Tuesday that it was selling its daily newspapers in Stamford and Greenwich, Conn., to the Gannett Company for $73 million.
The sales of The Greenwich Time and The Advocate of Stamford had been expected since word of the agreement emerged last week.
MySpace and Facebook are typically categorized together as “social networking” Websites.
Facebook, however, makes a clear distinction between its business and that of MySpace.
I chatted with Dan Rose, Vice President, about the Facebook business model at the recent Media Summit in New York City, He underscored to me that Facebook considers itself a technology business, not a media business.
New York Observer The Media Mob
Tony Ortega, 43, has been named editor of the Village Voice. The hiring comes the first business day after Friday's firing of Village Voice editor David Blum.
Infohighway, a Manhattan-based company that sells telecom services to small and midsize businesses, has been acquired by rival Broadview Networks Holdings Inc., the companies announced Monday.
About seven years ago Silicon Alley, New York's high-tech district,
stood at the center of most things creative about the internet – that
is before it stood for everything so wrong about the dot-com bubble,
and all those over-the-top parties, salaries, and stock prices. “There was money just chasing ideas that should've never been funded,” says UPOC Networks CEO Steven Spencer.
*Here is outline of what happen at the event early this week hosted
by PolyTech University. If you want to read a 5 bullet summary, look to
the bottom.
EDC (NYC’s Economic Development Corporation) Introductory Comments:
* Urges the audience to keep talented people from our educational system in NYC
* Suggest that the city is doing a lot of attract and retain talent within in NYC and is working with university to make that happen.
* The economy in NYC has never been better and the unemployment rate is very low.
* NYC is still one of the top choices for graduates to want to look to enter the workplace.
* They are here to help make the process or straiting, locating, or expanding businesses within NYC easier. (for Tech. Contact Saul Shaporo).
* tech stats
o Leading Hub for domestic and broadband networks
o Twice the Internet capacity v. next city on the list (balitmore/D.C.)
o More Fiber Optic infrastructure than anywhere else in the U.S.
o Financial Services spent over 80 Billion Dollars last year on Technology services.
