Why Netflix CEO Reed Hastings is suddenly warming up to cable & satellite TV providers

Netflix Chief Executive Reed Hastings is typically associated as one of the leading faces for the “cord cutting” movement, which is made up of people who canceled their expensive cable or satellite television subscriptions in favor of relying on streaming video services and web content. But earlier this week, that same face spoke of a happy coexistence between the two.

Troubled U.K. retailer Game will not be stocking Mass Effect 3

Fresh concerns about the future of European game retailer Game Group have risen today, as it was revealed that the company will not be stocking the highly anticipated role-playing-game Mass Effect 3. A company spokesperson blamed this on a “supply issue”, while a leaked memo to store staff suggested Game could not agree to credit terms with publisher Electronic Arts.

Innovative mobile ads grab attention in Barcelona

Mobile advertising and marketing companies have turned out in droves this week at Mobile World Congress in Barcelona. Their large presence is telling of just how much mobile content is ad-supported. eMarketer predicts that ad-supported content will account for almost a third of mobile revenues by 2015 to over $1 billion. It’s a hot topic in the telecoms world right now, buoyed by Facebook’s intention to feature mobile ads in the very near future.

Meet Moonbot, the tiny startup that won an Academy Award

At last Sunday night’s Academy Awards ceremony, a startup studio that makes animations, apps, and ebooks won the Best Animated Short Oscar for its film “The Fantastic Flying Books of Mr. Morris Lessmore.”  The 14-minute movie was the first from Shreveport, La.-based Moonbot Studios, a multimedia company that is making a splash far from Hollywood, Silicon Valley, and Pixar.