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ACCC clears Optus to scrap HFC network and use NBN instead

The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read more

Yahoo acquires video-editing site Jumpcut

IT Industry - Market

SAN FRANCISCO (Reuters) - Internet media giant Yahoo Inc. said on Wednesday it had acquired Jumpcut, a site that provides simple-to-use online video-editing tools, its latest bid to enhance its Web video services offerings.