by Eric Savitz in Voices at 3:29 pm PT
VeriSign (VRSN) announced that CEO William Roper resigned as an officer and director, effective June 30. On an interim basis, the company named James Bidzos as chairman, CEO and president. Bidzos was the company's founder and original CEO; he has been chairman or vice chairman since April 1995. Read more »
by Eric Savitz in Voices at 1:55 pm PT
Corel (CREL) shares are rallying today after the company reported solid results for its fiscal second quarter ended May 31.
For the quarter, the company posted revenue of $67.0 million and non-GAAP EPS of 36 cents; the Street had expected $66.85 million and 35 cents. Read more »
by John Paczkowski in Digital Daily at 12:26 pm PT
Dial-up users don’t like broadband? Obviously, that’s why they’re dial-up users. An estimated 10 percent of Americans are surfing the net via dial-up connections, according to a report released Wednesday by the Pew Internet and American Life Project (PDF), most of them by choice. Read more »
by Eric Savitz in Voices at 10:27 am PT
The problem Google (GOOG) is having monetizing its inventory of News Corp.'s (NWS) MySpace pages may have more to do with faulty algorithms for ad serving than it does inherent issues with social networking sites. Read more »
by Kara Swisher in BoomTown at 9:00 am PT
Here are two videos to enjoy tomorrow, as you stuff your face with hot dogs and play with firecrackers (remember, it's all fun and games until someone loses an eye!).
The first is the most excellent James Cagney as George M. Cohan in "Yankee Doodle Dandy" and the second is a lovely fireworks montage from 2007 in Selma, North Carolina. Read more »
by John Paczkowski in Digital Daily at 8:32 am PT
So much for privacy on YouTube. The federal judge presiding over Viacom’s $1 billion copyright infringement lawsuit against Google and YouTube denied a motion for the pair to produce their source code Wednesday. “YouTube and Google should not be made to place this vital asset in hazard merely to allay speculation,” U.S. District Judge Louis L. Stanton wrote. Apparently he didn’t feel quite as strongly about the privacy of YouTube users, because he felt entirely comfortable turning that over to the media company.
Read more »
by Eric Savitz in Voices at 8:02 am PT
Apple (APPL) shareholders: you need to get a grip.
On Wednesday, AAPL sold off on news that the company, CEO Steve Jobs, former CFO Fred Anderson, former general counsel Nancy Heinen and several Apple board members were hit with a purported class-action lawsuit in federal court in San Jose related to the company's stock-options backdating scandal. Read more »