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Sirius XM Prepares to File for Bankruptcy

(Newser) - Sirius XM is preparing to file for bankruptcy this week, the New York Times reports. The satellite radio company, which has more than $5 billion in assets and a stable of personalities such as Howard Stern, is working with financial advisers to prepare the Chapter 11 filing. The development could...

Saint John Still Tainted by Senate Murk
Saint John Still Tainted by Senate Murk
ANALYSIS

Saint John Still Tainted by Senate Murk

Ethics crusader is still no stranger to lobbying culture

(Newser) - With John McCain the presumptive Republican nominee, Democrats are rushing to expose chinks in the Arizona senator's saintly armor, Michael Scherer reports in Time. Though McCain talks tough about special interests, he has often appeared to have done their bidding. He once, for example, wrote a letter on behalf of...

TiVo Wins Patent Suit on Appeal
TiVo Wins Patent Suit on Appeal

TiVo Wins Patent Suit on Appeal

Court decides that DVRs violated 'time-shifting' patent

(Newser) - TiVo's share price soared after an appeals court ruled that EchoStar Holding and Dish Network had been illegally using TiVo's "time-warp" recording software, the Wall Street Journal reports. TiVo has been trying to expand its business beyond set-top box making and into licensing its technology, which lets users pause,...

Advertisers Won't Get It on eBay
Advertisers Won't Get
It on eBay

Advertisers Won't Get It on eBay

Stations opt out of TV-ad auction site

(Newser) - Cable networks are boycotting eBay's experiment in auctioning television airtime to ad houses, in a decision that could ground its nascent spin-off site. The networks protest that Online Media Exchange, which eBay claimed would reduce inefficiency, doesn't account for today's complex targeting and multimedia promotional packages.

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