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Study: 0.3% of Files Shared on BitTorrent Are Legal

Los Angeles - Just 0.3% of files shared using the BitTorrent file-sharing protocol were confirmed to be legal, according to a recent study from researchers at...

Digital Ad Firm Eyeblaster Files for $92 Million IPO

New York - Eyeblaster, a provider of digital advertising and marketing services, said on Monday that it now plans to raise up to $92 million in...

China's Perfect World Backs Local Movie, TV Production Firms

Beijing - Perfect World, a publisher and operator of online games in China, announced on Monday that it acquired majority stakes in two local film and...

Set-top Maker Pace Offers $475 Million for 2Wire

London - Pace, a manufacturer of TV set-top boxes, on Monday announced a $475 million cash offer to acquire 2Wire, a maker of set-top box software...

YouTube, Local ABC Station Team on Citizen Journalism

San Bruno, Calif. - Google's (NASD: GOOG) YouTube this week announced that it has partnered with local Bay Area ABC TV station on a citizen journalism experiment....

YouTube Introduces New Music Video Discovery Page

San Bruno, Calif. - Google's (NASD: GOOG) YouTube, which already counts music videos as its most popular content category, this week introduced a new YouTube Music landing...

TurnHere Lands $3 Million for Web Video, Ad Production

Emeryville, Calif. - TurnHere, a provider of Web video production and online advertising services for businesses, has raised $3 million in new venture capital financing, PEHub.com...

German Court Nixes Injunction Against File Host Rapidshare

Cham, Switzerland - A court in Germany has overturned a lower court's order that free file-hosting service Rapidshare must install a keyword filter to block the...

Netflix: Subscribers Up 42% in Q2; 61% Used Instant Streaming

Los Gatos, Calif. - Online DVD rental service Netflix (NASD: NFLX) on Wednesday reported a 42% rise in subscribers during the second quarter, to 15 million. The...

Admins of U.K. BitTorrent Site Filesoup Face Copyright Charges

Los Angeles - Two administrators of veteran U.K.-based BitTorrent file-sharing site Filesoup have been charged with conspiracy to infringe copyright, TorrentFreak reports.   Local authorities, along with...