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Watch Shelly’s commentary on DISH (NASD: DISH)losing 25,000 subscribers and how the teleco, cable company, satellite wars are only heating up.
US Appeals Court in NY ruled that networked digital video recorders do not violate copyright law. The DVR in question runs on a central server, far removed from the in house set-top box. Network DVRs could open a new door for advertisers, who could customize targeted ads to appear at certain times during certain shows.
STEVE JOBS (NASD: AAPL) admits MobileMe is “not up to Apple’s standards.” In a company wide email, Job says Apple should have rolled out MobileMe gradually, instead of at the same time as the 3G iPhone, iPhone 2.0 software and the App Store. While MobileMe has been a disappointing so far, Job’s has given Eddy Cue, who worked on iTunes, who will run all Internet-related services at Apple.
CAPITAL RESEARCH and MANAGEMENT, YAHOO’s (NASD: YHOO) bigger institutional shareholder, claims the Yahoo board miscounted its votes during its annual shareholder meeting. Despite gaining approval by a landslide, Jerry Yang and Roy Bostock are still under fire by influential shareholders like Gordon Crawford, who has been vocal about his disdain for Yang. Stock holders are likely not to forgive Yang and Co until the stock, currently at $19.38, gets back up to $33.