CBS acquiring CNet Networks
Media company CBS has announced that they are now acquiring online media giant CNet Networks.
The deal is worth around $1.8 billion and would be conducted in a cash only transaction.
CBS said that this acquisition would help them expand their presence online.
The deal puts the value of the share of CNet at [...]

Mobile News Network: Associated Press collaborating with Verve Wireless
Verve Wireless has announced that they are now collaborating with Associated Press to bring news to mobile devices.
The deal would see AP delivering their multimedia content to mobile devices. The service would generate revenues from advertising.
AP director of global product development Jeffrey Litvack spoke about this new [...]

Associated Press to support mobile platforms with ad supported service
News media group Associated Press has said that they are now going to reduce the fees paid to it by newspaper companies which are now struggling to compete against the online news sources.
The company further announced that they are going to provide a new ad-supported mobile [...]

Adobe Media Player public trials begin
Adobe has said that they have now started testing their Adobe Media Player application through limited public tests.
The company is working with media partners including CBS and Viacom for this initiative.
Adobe would deliver ad-supported subscriptions to TV programs like “CSI,” “Survivor” and “Big Brother” through this program.
The two companies would [...]

SanDisk launches Fanfare video store to complement Sansa TakeTV PC-to-TV Video Player
SanDisk has announced the launch of a new video download service which would offer free and advertising-supported videos for download.
This service has been named Fanfare and it would complement their just launched product Sansa TakeTV PC-to-TV Video Player.
SanDisk said that Fanfare is currently in [...]

Sharp to launch Blu-Ray recorders with 1 TB storage space
Japanese consumer electronics maker Sharp has announced their plans to launch a Blu-ray high-definition DVD recorder which would ship with 1TB storage space.
This would be the maximum amount of storage capacity being shipped with a video recorder.
The company claimed that this recorder would be capable of [...]

Suzuki Swift arrives in Malaysia. India is next
Suzuki chairperson and chief executive Osamu Suzuki was present at the occasion as the company launched what they call their first world car in Malaysia. They have collaborated with DRB-Hicom to sell their new compact car Suzuki Swift in the competitive market of Malaysia. Suzuki Malaysia Automobile hopes [...]