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Privately Share and Preserve Memories with Proust.com

Manhattan, N.Y. — Proust.com, a social networking service designed for preserving family memories, launched Tuesday as an independent subsidiary of Barry Diller’s IAC/InterActiveCorp. The...

Domain Holdings Raises $2.9 Million, Launches Turnkey Platform

Port St. Lucie, Fl.—Domain Holdings, a domain marketing, technology and developer company, has raised $2.9 million in a new round of funding. Backed by WWC...

Cisco Eliminates 6,500 Jobs, Sells Set-Top Box Facility

Cisco formally announced it will be laying off over 4,000 employees, for a total worldwide workforce reduction of 6,500 jobs following the voluntary early...

Smartphone Damage Often Caused by Toilets

Plaxo Inc., the company behind the automatically syncing address book service, released a report today about how people deal with contact information, based on...

CNN Live Online and Mobile, But Only to Pay TV Subscribers

CNN Worldwide announced that its CNN and HLN television networks will be streamed live beginning today, July 18, online and via free CNN apps...

Hacker Group Anonymous Builds AnonPlus Social Network

New York — After Google+ banned hacker group Anonymous due to a violation of its community standards, the infamous group announced its intention to...

NBCUniversal Unveils One-Stop Archive Site

NBC News went live today with the formal launch of NBCUniversalArchives.com, a new website that simplifies the purchase of material from all NBCUniversal businesses,...

Philips Plans $700 Million Cost Cuts After Poor Q2 Results

Netherlands — Royal Philips Electronics NV announced an unexpected $1.8 billion net loss for their second quarter Monday, the first financial report since transferring...

'Upstairs Downstairs,' 'Poirot' Now Streaming

Acorn Media U.S. is making its catalog of British mystery and drama programs available to U.S. audiences via a newly launched premium subscription...

RIM Develops Media Hub as BlackBerry Struggles

Waterloo, Can. — Research in Motion, makers of BlackBerry, is developing a media hub called BlackBerry Cyclone, according to information first reported by Nerdberry. The...