A former contestant in Israel’s version of “American Idol” was jailed for 14 months on Thursday for selling demo tracks he stole from Madonna’s latest album by hacking into the email and cloud accounts of people close to the singer. Under a plea bargain at Tel Aviv Magistrate’s Court, Adi Lederman confessed to computer trespassing and infringement of privacy and property rights in connection with the offences, committed last year
Read more(Reuters) – Chinese online book and media retailer E-Commerce China Dangdang Inc’s chief executive, Guoqing Li, and Chairwoman Peggy Yu Yu offered to take the company private. The all-cash offer of $7.812 per American Depositary Share represents a 20 percent premium to the stock’s Wednesday closing price of $6.51, the company said on Thursday
Read moreTwo years after his messy departure from Maker Studios, the YouTube network he co-founded, Internet entrepreneur Danny Zappin has big plans for his newest venture, Zealot Networks. Zappin says he expects the digital media company, which announced the purchase of viral content website ViralNova on Thursday, to be worth at least $5 billion in about two years. Zealot, founded in August 2014, helps digital media startups connect with media companies, brands and advertisers.
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