AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.
The social media site Snapchat says it’s passed Facebook when it comes to the number of photos and videos posted everyday.
Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest transaction ever for original first-run content.
As the demand for online video is growing, more and more companies are moving content to the cloud, and charging more for data use. KCBS Technoloy Analyst Larry Magid said businesses like Comcast and At&T are putting data caps in place.
A behind-the-scenes battle over dueling video technologies has attracted the attention of the U.S. Department of Justice.