Forbes.com CEO Jim Spanfeller, who has run one of the Web’s biggest finance sites for the last nine years, is leaving the company at the end of the summer. No replacement has been named. Spanfeller’s departure comes amid a flurry of bad news for finance publications.
That was quick. Time Warner Cable is shelving plans to charge its Internet customers based on usage. For now, that is.
The cable giant had planned on charging customers in four locations on a “consumption” plan in which they’d pay between $15 to $150 a month based on the amount of data they hoovered via the Web. But noisy opposition to the plan surfaced immediately and has been getting louder over the past few weeks.
Amazon won’t come out and say exactly what happened to it sales-ranking system over the past few days. But it is sorry, and it would like the Web and its customers to know that it wasn’t singling out books aimed at gays and lesbians.
Nothing like a billionaire with a blog: Mark Cuban uses his this morning to explain that he’s still in the market for the Chicago Cubs–just not for $1 billion cash. Also, he’d like more time to raise money to buy the team. Sam Zell, are you listening?
Warner Music Group’s videos are disappearing from YouTube. The move is a result of a breakdown in negotiations between Google and the music label over a licensing deal that was set to expire soon. Who actually made the move to drop the label’s content from the world’s biggest video site is a matter of dispute, though. Both sides are taking credit for the decision.
One of the real benefits of our document everything/share it with everyone world: The ability, on the rare occasion, to help right a wrong. In this case, a YouTube video helped exonerate a bicyclist and blow the whistle on an extra-zealous New York City cop.
File under “interesting, but understandable”: After a flurry of election-related interest in October, traffic to red-hot Hulu fell off in November. Blame Sarah Palin–or the lack of her.
Tumblr is exactly the kind of start-up that’s supposed to be gasping for air in today’s dismal economy: A trendy but niche Web service with a prominent founder and exactly zero revenue. Instead, it has raised a $4.5 million funding round from Union Square Ventures and Spark Capital, which values the company at around $15 million.
Yesterday, I suggested that the SEC may have finally muzzled Mark Cuban by filing insider trading charges against him. But I’m quite glad I’m wrong. Cuban can’t help himself, and has already begun waging a high-profile campaign against the regulators who are suing him.
Hi there. Welcome to a new blog/column/site/space carved out for me by Walt Mossberg and Kara Swisher, who’ve invited me to join the AllThingsD.com team.
I hope that MediaMemo is descriptive enough of a name. But in case you’re wondering: I’ll be writing, frequently, about the ongoing battle between the established media business and the technology that is reshaping it day by day. It’s a pretty big beat, and an exciting one.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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