The rise of on-demand viewing divides HollywoodHollywood's traditional media players are facing an unprecedented challenge to their business model as 'cord-cutters' opt to cancel their expensive cable subscriptions in favor of on-demand streaming services.
Twitpic to shutter service after allTwitpic put out word that the service is shutting down after all, apologizing for a "false alarm" that a merger would be its salvation.
S. Korea to spend $1.5 bn on 5G 'movie-in-a-second' serviceSouth Korea, already one of the most wired countries on earth, Wednesday announced a 1.6 trillion won ($1.5 billion) plan to set up a next-generation 5G wireless service quick enough to download full-length films in a second.