coldfusion

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One Less Thing for Flash to Worry About
Move Networks, a once-promising adaptive bit-rate video streaming house whose pricey plug-in-based technology was used at least briefly by Fox.com and ABC.com, has hit the wall running taking over $90 million in investments from Microsoft and Cisco, Hummer Winblad, Comcast, Benchmark Capital and Steamboat Ventures and Televista with it. Officially it’s looking for a buyer after failing to raise another $20 million. Staff has been laid off and its CEO, former DirecTV COO Roxanne Austin, is gone, replaced by its biz dev guy.

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coldfusion developer's journal | 03-Jul-2010 20:45