Quantcast
750×100
Read WebProNews
With Friends!
YouTube Co-Founder Cooking Up New Video Site YouTube Co-Founder Cooking Up New Video Site

YouTube, the leader in online video, is not without its fair share of serious competition coming from the likes of Vimeo, Hulu, and more. Now, it appears that its latest rival may come from someone who was once very close …

Facebook Acquires Social Blogging Site Storylane Facebook Acquires Social Blogging Site Storylane
· 1

Blogging site Storylane has just announced that they’ve been acquired by Facebook for an undisclosed amount. The acquisition is talent-based, as Storylane’s Jonathan Gheller says that Facebook will not be acquiring any of their data. Storylane, a social-blogging site, billed …

Google Lays Off 1,200 More Employees At Motorola Google Lays Off 1,200 More Employees At Motorola

Google has the unenviable position turning around Motorola Mobility and making it profitable again. That means the company has to make some tough decisions that will affect its employees around the world. The Wall Street Journal reports that Google has …

Nook Video Snags Content from Lionsgate, MGM, Paramount, and More Nook Video Snags Content from Lionsgate, MGM, Paramount, and More

Today, Barnes & Noble’s Nook Media announced a bunch of new content licensing deals with some major players. These deals will bring movies from Lionsgate, MGM, Paramount Pictures, Relativity Media, National Geographic, Little Pim, and Film Buff to the Nook …

Groupon’s Next CEO Will Not Come From Within [REPORT] Groupon’s Next CEO Will Not Come From Within [REPORT]

Last week, after a poor Q4 earnings report, Groupon finally ousted CEO Andrew Mason after months of speculation. Executive Chairman Eric Lefkofsky and Vice Chairman Ted Leonsis were tapped to head the “Office of the Chief Executive” and serve in …

EU Hits Microsoft With $731 Million Antitrust Fine EU Hits Microsoft With $731 Million Antitrust Fine

In July of last year, Microsoft was found to be in violation of an agreement it had made with EU regulators over a Web browser choice screen that was to be installed on every Windows PC sold in the region. …

Amazon Studios Working on a New Kids Show, One of 12 Pilots Currently in the Works Amazon Studios Working on a New Kids Show, One of 12 Pilots Currently in the Works

Amazon today announced a new kids show in development from Amazon Studios. Prime Instant Video has greenlit the pilot for interactive math-based puzzle show Sara Solves It. Here’s Amazon’s official synopsis of the show: Viewers follow brother and sister duo …

New Facebook Lawsuit, Same Old Facebook IPO Gripe New Facebook Lawsuit, Same Old Facebook IPO Gripe
· 3

A new lawsuit filed by a Facebook shareholder claims that the company knew about downward trends in revenue tied to increased user defection to mobile from desktop use. Gaye Jones says that such information was shared with key investors. “The …

Is Google Launching An Amazon Prime Competitor? Is Google Launching An Amazon Prime Competitor?

Full disclosure: I love Amazon Prime, and I’ve been a faithful subscriber for the past three years. That being said, there’s definitely some room for competition. eBay already provides some in the form of eBay Now, but Google may be …

Yahoo Is Now 18 Years Old. Is It On The Right Track? Yahoo Is Now 18 Years Old. Is It On The Right Track?
· 18

Yahoo, as an incorporated company, is officially 18 years old on Friday. The company was incorporated on March 1, 1995. I can’t believe there’s no Google doodle to celebrate. In fact, we’re not seeing much celebration at all. Barry Schwartz …

Google Launches New Mobile App Download Ad Format Google Launches New Mobile App Download Ad Format
· 1

Google has a new mobile app download ad format aimed at making it easier for people to download advertisers’ apps. It works with iTunes or the Google Play Store. The format is only available for those who have upgraded to …

Square Hit with Cease and Desist Order in Illinois Square Hit with Cease and Desist Order in Illinois
· 2

Mobile payments startup Square has apparently run afoul of the Illinois Department of Financial & Professional Regulation. In a cease and desist order sent to Square, the Illinois department says that Square is “engaged in the business of transmitting money …

Andrew Mason Does Some Massaging In This Taiwanese Animation Andrew Mason Does Some Massaging In This Taiwanese Animation

If you’ve been on the Internet since yesterday afternoon, you’ve probably heard that Groupon CEO Andrew Mason has been fired. You can read his letter here. The move wasn’t much of a surprise, as many simply wondered for quite some …

Groupon Stock Rises On Andrew Mason Departure Groupon Stock Rises On Andrew Mason Departure

As you may know, Groupon fired its CEO on Thursday, a day after another disappointing earnings release, which sent stock tumbling. Since the news broke, the stock has taken a turn for the better. In after hours trading on Thursday, …

Groupon CEO Andrew Mason Is Being Replaced Groupon CEO Andrew Mason Is Being Replaced

Groupon just announced that CEO Andrew Mason will no longer remain CEO of the company, which he founded. The company reported massively disappointing financial results on Wednesday, and the board has finally had enough. Groupon Executive Chairman Eric Lefkofsky and …

Facebook Officially Announces Atlas Acquisition Facebook Officially Announces Atlas Acquisition
· 1

We’ve known for quite some time, at least based on rumor, that Facebook would acquire the Atlas ad platform from Microsoft. The rumors heated up this week, and today, the company has finally made the official announcement. “We’re focused on …

The Weather Channel Resorts to Dickish Behavior to Promote Its New Android App The Weather Channel Resorts to Dickish Behavior to Promote Its New Android App

The new Weather Channel app for Android lets you know exactly when weather events like rain or snow are supposed to start. Cool, right? What’s not cool is installing sprinklers inside a bus shelter and drenching everyone inside because they …

John Battelle Going Back To CEO Role At Federated Media John Battelle Going Back To CEO Role At Federated Media

Federated Media Publishing announced today that Deanna Brown is stepping down as CEO. Founder John Battelle ,who has been in an Executive Chairman role since handing over the CEO reins to Brown in early 2011, is reprising his role as …

Barnes & Noble Took A Hit During The Holidays, Nook Suffered The Most Barnes & Noble Took A Hit During The Holidays, Nook Suffered The Most
· 2

After the holidays, Barnes & Noble said that sales of its Nook hardware and eBook business were both starting to fall. In fact, Nook revenues reportedly dropped 12 percent in the time leading up to the holidays. Now the company’s …

Bing Fund Adds Sonar To Its Roster Bing Fund Adds Sonar To Its Roster

Bing announced today that it has added another company – Sonar – to its Bing Fund roster. Bing Fund was launched last year as an “angel investor with an incubator”. In August, Bing unveiled its initial startups. Now, after remaining …

Sony Sells Tokyo Building For $1.2 Billion Sony Sells Tokyo Building For $1.2 Billion

Last month, Sony sold its Madison Avenue headquarters building in New York for $1.1 Billion. The sale netted the electronics manufacturer around $770 million in cash, which the company needs as it various divisions (electronics, motion pictures, music, video games) …