Comcast acquired movie ticket site Fandango and said it plans to launch a site called Fancast.com, billed as an online cross-channel video and entertainment hub.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Updated below: Three in four consumers say they will stop shopping at a merchant if a data breach occurs, according to a study be Javelin Strategy & Research. That finding could be especially painful for TJX, which operates T.
MySpace has pulled millions of Photobucket video from its site. That's the headline of the moment, but the real interesting developments occur when you zoom out a bit.
As expected Citigroup said it will eliminate 17,000 jobs as it trims the fat from operations. Technology consolidation is a big part of the restructuring.
Notable headlines: Clock is ticking on Apple's Boot Camp beta.Ryan Naraine: Microsoft Patch Tuesday: Vista dinged again.
The guest list for Microsoft's alleged funeral is long. Over the weekend, blogger Paul Graham stirred up a Techmeme hornet nest when he declared Microsoft dead.
JP Rangaswami, CIO at BT Global Services and Confused in Calcutta blogger, responded to my post "The True Nature of Open Source," where I said the economics don't favor pure open source as a business model. First, JP makes five points, and believes that economics can favor open source, although he also recognizes that hybrids, mixing open source and proprietary code are inevitable.
The enemy of your enemy is your best pal. Just ask Viacom, which is suing Google's YouTube for $1 billion while hopping into bed with Yahoo.
Valleywag has tallied nominations (see below) for the hottest Silicon Valley startups from Linked In and Venture Beat solicitations, with Facebook leading the pack. If you look at the the companies mentioned, the term startup doesn't always come to mind.
Citigroup on Wednesday is expected to announce its restructuring plan and information technology consolidation is likely to be a big component. Bloomberg is reporting that Citigroup may cut 17,000 jobs as the result of a three month efficiency review designed to cut annual expenses by $1 billion.