Is Joost on the Block?
9:45 AM -- Online video services specialist Joost is reportedly in the hunt for a buyer, according to this Reuters report.
The report suggests that Joost, set up by the Skype Ltd. 's founders and currently headed up by former Cisco Systems Inc. (Nasdaq: CSCO) big hitter Mike Volpi, is in talks with Time Warner Cable Inc. (NYSE: TWC), which could use the Joost platform to take its TV services online. (See Volpi Takes the Helm at Joost and Joost Pockets $45M.)
Find out more about Joost's latest moves by reading this Contentinople story.
— Ray Le Maistre, International News Editor, Light Reading
The report suggests that Joost, set up by the Skype Ltd. 's founders and currently headed up by former Cisco Systems Inc. (Nasdaq: CSCO) big hitter Mike Volpi, is in talks with Time Warner Cable Inc. (NYSE: TWC), which could use the Joost platform to take its TV services online. (See Volpi Takes the Helm at Joost and Joost Pockets $45M.)
Find out more about Joost's latest moves by reading this Contentinople story.
— Ray Le Maistre, International News Editor, Light Reading
