media

Possibility space

Game Studio Possibility Space Closes Due to Leaks, CEO Points Finger at Media

The abrupt shutdown surprised employees, leading to an outpouring of frustration on social media as they coped with their sudden job losses.

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Vice Media to Lay Off 'Several Hundred' Employees, Shut Down Vice.com

Vice Media Group CEO Bruce Dixon informed employees in a memo sent out on Thursday that the company plans to lay off several hundred employees.

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Fox Strikes $14.6 Billion Deal With Sky

After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.

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Amber Heard Appears On Media As A Victim Of Violence Against Women, Husband Johny Depp As The Perpetrator

Amber Heard is also a victim of violence against women.

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Check Profile: Region Bank's Most Controversial Employee On Social Media

Up closer with the region Bank's social media violator employee.

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Liberty Media Solicits Assistance To $4.4M For F1 TakeOver

Liberty Media Asks Teams To Help Fund $4.4 Billion F1 Takeover

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Netflix Works To Watch Movies And TV Shows Without Internet

Netflix Inc. is an American multinational entertainment company founded on August 29, 1997, in Scotts Valley, California, by Reed Hastings and Marc Randolph. It specializes in and provides streaming media and video on demand online and DVD by mail.

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Self Regulatory Mechanism

Governor of Punjab said to media that they should develop a self regulatory mechanism becauuse the media has an onerous responsibility as both facilitator and a watchdog.

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Al Jazeera to Cut 500 Jobs Worldwide as Qatar Continues to Suffer From Slumping Oil Prices

Qatari media network Al Jazeera is announcing its plan to cut 50 jobs as a part of an optimization initiative. As a partly state-funded company, Al Jazeera is impacted by the slump in oil prices, which is the country’s main sector.

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State Media Indicated That Chinese Government is Turning Against Alibaba

State-run media broadcasts indicated that the Chinese government is turning against the country’s most successful e-commerce company Alibaba. However, the company didn’t seem to take much damage from the reports in terms of sales and shares.

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Time Inc. Acquired Viant, Which Owned MySpace and Other Ad-Related Business Units

Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. Time Inc. will use data from Viant's business lines including Myspace to improve its advertising activities.

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China's Baidu being punished for porn and commercialization

The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.

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ISIS Supporter Hacks Tsinghua University of China’s Website to Show Support to Jihad

The website for students and lecturers should have displayed links to class resources and informations. But instead, it showed pictures of militants and the verses of Quran in Arabic.

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Southeast Asian children 20% more digitally active than U.S children

Survey said that Southeast Asian children are 20% more active when it comes to mobile devices than U.S children, making them the most digitally engaged in the planet.

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Upcoming social network Nextt raises $700k in funding

Nextt, a new social networking app, said it has raised $700,000 in funding.

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