Roundup: Dell loses false advertising suit, Net will have a billion video viewers
Dell loses false advertising lawsuit: The New York Attorney General won a lawsuit against Dell and its financial services subsidiary for false advertising, fraud, deceptive business practices and abusive debt collection. The suit, brought by Attorney General Andrew Cuomo in May 2007, said that Dell pulled a bait and switch on customers by failing to provide timely onsite repair to customers who paid for it.
Amazon.com cuts Kindle price 10 percent: Amazon cut $40 off the price of… Continue Reading
Akimbo, online video delivery company, throws in towel for good
updated
We’re hearing that Akimbo, the San Mateo, Calif. video set-top box company that raised millions of dollars in fresh funding less than three months ago to make a fresh start in a new direction, has just thrown in the towel anyway.
In February, Akimbo brought in a new management team, $8 million in fresh funding [Update: Apparently, the company only raised $4M; the original announcement of $8 million had been a targeted amount, but it only… Continue Reading
Akimbo, failed video distribution company, tries again, raises $8M
Akimbo, the San Mateo, Calif. company that tried to offer video over a set-top box, but gave up in May last year because no one was buying the box, has launched again with a different management team, $8 million in fresh funding and a different strategy.
The company said it realized it still had valuable technology, and so has refashioned it to market it to video publishes who want to deliver their own video online. The… Continue Reading
Roundup: Cisco sues, Avvenu, Weatherbill, Techdirt, Blue Origin & more
Here’s the latest wrap-up of Silicon Valley tech news:
Cisco sues Apple over iPhone name — Who cares? If Apple loses, it will come up with a different name. Like, ApplePhone, or iPodPhone. Details of suit.
Yahoo signs deal with Akimbo to deliver video to televisions — Just the latest move in a huge number of deals pushing video to your TV. More details here.
Avvenu shares music via link in email — Avvenu, a Palo Alto start-up has been around… Continue Reading