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AOL is acquiring video ad platform Adap.tv for $405 mn

TechCrunch-owner AOL has announced that it has reached an agreement to acquire video advertising platform Adap.tv in a deal that should be worth a total of $405 million - $322 million in cash and $83 million in AOL common stock.

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SoftBank Capital raises $51 mn to invest in New York tech startups

MUMBAI: SoftBank Capital, a venture group affiliated with Japan‘s SoftBank has announced that it raised an additional $51.02 million to invest in early-stage New York State technology startups. The additional capital extends SoftBank Capital‘s

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Condé Nast Entertainment announces over 30 new shows for digital video network

MUMBAI: In its bid to move from being a pure magazine publisher to a creator of online video content Condé Nast Entertainment (CNE) at its Newfront presentation announced the addition of original programming slates inspired by Vogue and Wired to its digit

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Esteves vacates office as Time Warner Cable CFO

MUMBAI: Time Warner Cable (TWC), the second- largest US cable provider has brought on board former AOL chief operating officer Arthur Minson as chief financial officer, replacing Irene Esteves, who is departing. This is his second stint at TWC.

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AOL shuts down music service

MUMBAI: AOL has closed down its online music service AOL Music with immediate effect.

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