Netflix, the Web's top movie-renting service, announced Friday that it has canceled plans to hold a second contest that awards a prize to whoever could come up with the most accurate system of predicting user film choices based on their viewing histories.
In 2006, Netflix launched the Netflix Contest and offered $1 million to anyone who could improve its recommendation engine. In September, the company finally awarded the prize to a team that included three AT&T researchers. To compete, competitors studied millions of demographic data, including age, sex, ZIP code, and previously rented movies.
The Federal Trade … Read more
The judge overseeing the copyright fight between Viacom and Google doesn't want to wait to give the public access to the documents in the case.
U.S. District Judge Louis Stanton has denied Google's Friday request to wait until June and ordered the companies to figure out which information is too sensitive to release, such as trade secrets, within 10 days of filing. Stanton said everything else will be open to the public. Peter Kafka over at All Things Digital was first to report the news.
For three years, most of the information in the case has not … Read more
Google, the search company that uncovers much of the world's information for its customers, is embroiled in a fight to keep information about itself under wraps for at least a while longer.
The owner of YouTube, which is defending itself against a $1 billion copyright lawsuit filed by entertainment giant Viacom, has asked a federal court to keep documents filed in the case under seal for another three months.
Wall Street is once again fretting over Netflix.
Some analysts didn't know what to do with themselves on Tuesday when the share price of the Web's top movie rental service shot past their performance expectations. Sure, Netflix continues to return boffo earnings, but after the company's share price hit $70, some brokers took a hard look at Netflix's prospects for the future, according to a MarketWatch story by reporter Therese Poletti.
What the analysts found was a Web video-on-demand segment filling up fast with competitors. That apparently spooked analysts at Bank of America/Merrill Lynch, Susquehanna … Read more
The copyright fight being waged by Viacom against Google will move into a crucial stage on Friday.
According to documents filed in federal court on Thursday, both companies are expected to file motions for summary judgment--when a judge decides enough undisputed evidence exists for a ruling to be made without sending the case to trial.
In addition to Viacom and Google, a group of copyright owners that also sued Google for copyright infringement in 2007 is expected to file for summary judgment as well. What this means is that the time of taking depositions and exchanging documents is over. The … Read more
U.S. District Judge Marilyn Hall Patel has issued a permanent injunction that bars RealNetworks from selling RealDVD, the DVD-copying software that Hollywood claimed in a lawsuit violated copyright law.
Real and the Motion Picture Association of America reached a settlement, according to statements issued by both companies, that called for Real to stop selling RealDVD or any similar products and to pay $4.5 million to reimburse the studios for legal fees.
"We are gratified by the successful conclusion of this important matter," said Daniel Mandil, the MPAA's general counsel. "Judge Patel's rulings and … Read more
Apple's plans for cloud computing go beyond music.
The company's representatives have recently spoken with some of the major film studios about enabling iTunes users to store their content on the company's servers, two people familiar with the discussions told CNET. That's in addition to streaming television shows and music.
Apple has told the studios that under the plan, iTunes users will access video from various Internet-connected devices. Apple would, of course, prefer that users access video from the iPad, the company's upcoming tablet computer, the sources said. Apple spokesman Tom Neumayr said Apple doesn'… Read more