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Can Virtual Currencies Help Bridge The Gap Between Free And 'Paid' Content?Virtual goods and micro-transactions have been driving the billion-dollar online games industry across Asia for years. And deals like EA’s $400 million buyout of social gamer Playfish, and Activision’s new virtual pets addition to ... |
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Clearwire Secures Commitments From Sprint, Comcast, TWC For $1.5 Billion FinancingAs expected, Clearwire (NSDQ: CLWR) says that it has secured a definitive agreement to raise a $1.564 billion financing from Sprint (NYSE: S) Nextel Corporation, Comcast (NSDQ: CMCSA), Time Warner Cable, Intel (NSDQ: INTC), Eagle River Holding... |
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AOL Begins Layoffs; 100 To Be Let Go TodayAOL is laying off 100 staffers today, sources tell paidContent, confirming earlier reports by AllThingsD’s Kara Swisher and Valleywag. The moves are part of CEO Tim Armstrong’s “Project Everest,” which he has said is de... |
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EA's Riccitiello: Layoffs 'Essential' To The Company's Digital TransformationThe main reason for EA’s second round of mass layoffs within a single calendar year? The company is extremely bullish on digital. “As we said in previous quarters, we’re narrowing our focus to invest in core hits and digital,... |
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Alice.com Adds $2 Million To Its Second Round, Bringing Total To $6 MillionOnline shopping service Alice.com has completed a $6 million round of funding; funds come from unnamed private investors. We initially reported back in September that the company had raised $4 million, and the startup tells us this official an... |
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Yankees Won World Series But Only Hit A Single With In-Market StreamingIt doesn’t look like the Yankees got a big win when it comes to the adoption of their in-market live game streaming offering this year. Sports Business Journal cites sources who say that only 6,000 people purchased subscriptions. The pub... |
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