23 posts and columns on illegal
The prepaid cellular service company says that it is taking a little longer to launch its Muve music server as it works to iron out some software bugs. Cricket still hopes to launch in Las Vegas later this month and in nine additional markets in February with a goal of expanding to all its cities by the spring.
CEO and co-founder Mark Zuckerberg’s clear intent to keep the lid on Facebook tight–with no disclosure about the details of the financial performance and other pertinent information a public offering would require be disclosed–is clearly becoming a nettlesome issue for the company. But while that effort at preserving secrecy by staying private has resulted in little more than cute media guessing games about a possible IPO until now, the social networking giant’s most recent machinations are too clever by a half.
Last spring, music file-sharing service LimeWire suffered a crushing blow in federal court. This is the net result: The company will stop distributing its core software, and will disable “hundreds of millions” of existing downloads. It’s the victory the big music labels have been seeking for some time.
Comcast couldn’t mollify Wall Street about its pending deal to buy NBC Universal this morning, because it refused to talk about the deal at all. The company did spend time, though, explaining the peril and possibilities that Web video poses for the cable giant.