Facebook must pay $500 million in damages in Oculus intellectual property case

Facebook is on the hook for $500 million in damages after losing an intellectual property lawsuit Wednesday to ZeniMax Media over its virtual reality headset, the Oculus Rift. ZeniMax, a video game publisher, sued the social network in 2014 in U.S. District Court in Dallas shortly after Facebook... Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2017-02-02 00:00:00 UTC ]
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Collateral damage from Facebook’s news-feed changes begins to pile up

Facebook's latest news-feed change could affect the cottage industry that has sprung up to help feed viral publishers. The post Collateral damage from Facebook’s news-feed changes begins to pile up appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-03-07 00:00:00 UTC ]
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Harry Potter book sales top 500 million worldwide

Sales of J K Rowling’s Harry Potter books have exceeded 500 million worldwide, according to Bloomsbury. Continue reading at The Bookseller

[ The Bookseller | 2018-02-02 00:00:00 UTC ]
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Rupert Murdoch Wants Facebook to Pay Publishers a Fee for ‘Trusted’ News Content

News Corp. executive chairman and 21st Century Fox executive co-chairman Rupert Murdoch is taking on Silicon Valley. The media mogul released a statement today noting that if Facebook is going to revamp its news feed to ensure it's publishing the most legitimate, "trusted" news content on its... Continue reading at AdWeek

[ AdWeek | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #pay publishers #news content #executive chairman #silicon valley


Rupert Murdoch to Facebook, Google: Pay for news

Media mogul Rupert Murdoch — the executive chairman of News Corporation, and the big boss at Fox News, the New York Post and the Wall Street Journal — has a message to Silicon Valley's social media giants: Pay up. Murdoch's specific targets Monday were Facebook and Alphabet's Google, two... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #news corporation #fox news #executive chairman #york post #silicon valley #significantly changed #selling advertising


Rupert Murdoch Tells Facebook to Pay 'Trusted' Publishers

Rupert Murdoch is calling on Facebook to pay "trusted" publishers if it wants to carry their news stories and videos, much like a cable company pays networks for their channels.The media mogul, who controls The Wall Street Journal and Fox News, has been among the most vocal of the old media... Continue reading at Advertising Age

[ Advertising Age | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media mogul #adequately rewarded #major impact


Facebook should pay 'trusted' news outlets, Rupert Murdoch says

Rupert Murdoch, the media billionaire who controls the Wall Street Journal, called on Facebook Inc. to begin paying publishers fees to carry the news that its users post and share online. His move is a sign of the print industry’s growing frustration with social media. “If Facebook wants to... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news outlets #rupert murdoch #print industry #growing frustration


Rupert Murdoch wants Facebook to pay 'trusted' publishers for content

Facebook has plans to tweak its News Feed to include more posts from friends and family and less from news publishers in an attempt to fix some of the platform's problems. Now news magnate Rupert Murdoch thinks that the social network should adopt a... Continue reading at Engadget

[ Engadget | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news publishers #rupert murdoch


Rupert Murdoch suggests Facebook should pay 'trusted' publishers for news content

Facebook has been fighting something of a losing battle against the problem of fake news, but media mogul Rupert Murdoch thinks he has come up with a solution. He says that the social network should pay "trusted" publishers for the provision of news content. Facebook recently said that it wants... Continue reading at Betanews

[ Betanews | 2018-01-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news content #losing battle #fake news #start paying


Rupert Murdoch tells Facebook: pay 'trusted' publishers for their content

Amid policy changes at social network, media mogul criticizes it for failing to ‘adequately reward’ publishers that add value and integrityRupert Murdoch issued a new salvo in the row between Facebook and news publishers on Monday, calling on the social media company to pay publishers for their... Continue reading at The Guardian

[ The Guardian | 2018-01-23 00:00:00 UTC ]
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Facebook plans to stop paying publishers to make news feed videos

According to publishing sources, the original Facebook Live deals, which evolved into live and VOD licensing arrangements with 300 video partners, are going away by the end of the year. The post Facebook plans to stop paying publishers to make news feed videos appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-12-13 00:00:00 UTC ]
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Facebook tells Congress that 126 million Americans may have seen Russia-linked ads

As many as 126 million Americans may have seen divisive Russian-generated ads and posts on Facebook over the last two years, apparently part of a wide-ranging effort by Moscow to influence the 2016 presidential election, the social media company told Congress on Tuesday. “Many of the ads and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-01 00:00:00 UTC ]
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In Video Play, Facebook Offers Hundreds of Millions for Music Rights

Facebook is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.The posting and viewing of video on Facebook has exploded in recent... Continue reading at Advertising Age

[ Advertising Age | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rights holders


Facebook offers millions to music industry to avert copyright crisis

Facebook is said to be offering hundreds of millions of dollars to music publishers and record labels to avoid having to take down user-generated videos that feature copyrighted music. Bloomberg cites "people familiar with the matter" as saying Facebook's payments will allow for the legal use of... Continue reading at Betanews

[ Betanews | 2017-09-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #music industry #music publishers #record labels #people familiar


Facebook stops paying publishers to stream live video

For a while, Facebook was obsessed with live video -- it even paid publishers to make sure there was a steady flow of professionally-shot streams on offer. However, Zuckerberg and company appear to be tempering their enthusiasm a little bit. Recode s... Continue reading at Engadget

[ Engadget | 2017-01-17 00:00:00 UTC ]
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Loyalist flags protester wins £3,000 Facebook damages

Facebook is ordered to pay £3,000 damages to a loyalist flags protester for publishing comments about his children's religion. Continue reading at BBC News

[ BBC News | 2016-12-21 00:00:00 UTC ]
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Publishers brace for what happens if Facebook stops paying for live videos

Facebook has been paying media partners to produce a certain amount of live video content per month. Most of these deals run for 12 months. Partners are aware that Facebook, having already collected a lot of data around live video consumption, might stop funding content. This could spell trouble... Continue reading at Digiday

[ Digiday | 2016-11-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #live videos #multiple publishers #surprising move


B&N Pays Boire $4.8 Million in Separation Agreement

Barnes & Noble has reached an agreement with its former CEO Ron Boire, who was abruptly fired in August, in which it will pay him nearly $5 million in exchange for his dropping all claims against the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-01 00:00:00 UTC ]
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Thomson Reuters sells Intellectual Property & Science arm for $3.5bn

Thomson Reuters has agreed to sell its Intellectual Property & Science division to Onex Corp and Baring Private Equity Asia for $3.55bn (£2.73bn). Continue reading at The Bookseller

[ The Bookseller | 2016-07-12 00:00:00 UTC ]
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‘Facebook is everything to us’: How Little Things grew to 50 million users in under three years

Feel-good publisher Little Things has built an audience of 50 million users a month thanks to Facebook -- and it's profitable. CEO Joe Speiser joined the Digiday Podcast to discuss how the publisher grew out of its roots as a pet-food retailer, why he's not too worried about being overly reliant... Continue reading at Digiday

[ Digiday | 2016-05-13 00:00:00 UTC ]
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Facebook Live video service sees company paying news publishers

Payments to BuzzFeed and others reflects Facebook’s desire to ensure Live has sufficient engaging contentFacebook is paying news publishers and broadcasters, including the New York Times, BuzzFeed and Sky, to provide content on its live video service.Video has become a priority for Facebook and... Continue reading at The Guardian

[ The Guardian | 2016-04-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #provide content #core part