Wal-Mart

Online Media Daily: Antitrust Suit Filed Against Netflix, Wal-Mart

Amazon's Kindle may soon be just another electronic reader among a handful of choices on Verizon Wireless (NYSE: VZ).

As a business traveler, I've witnessed a very interesting shift over the past two years. Business fliers, first to watch DVDs or videos on their laptops, are now watching movies and TV shows on their iPhones or iPod touch -- while laptop playback is on the decline. Now, this certainly isn't a scientific study, but given how much I fly, it tells me that the ubiquity and ease of use of a mobile device will put more mobile media in the hands of more people faster than anything else thus far.

Asked which retailer has the best holiday TV commercial, consumers ranked Target, Wal-Mart, Best Buy, Macy's, and Kohl's as favorites, according to a survey conducted for the NRF's Retail Advertising...

Virgin Mobile USA bought Helio earlier this year, for a paltry $39 million in equity and getting $50 million in investment from British parent Virgin Group and SK Telecom. That we reported on in detail at that time. Now finally, VMUSA has filed details of how the sale process started and the proceedings during the negotiations, in an SEC proxy filing earlier today.

Wal-Mart (NYSE: WMT) will start selling iPhones by the end of the year, but it is unlikely that they will be available in time to take advantage of holiday sales. Of more importance, perhaps, is that the phone may be sold for its lowest price yet—$99.

The relatives of a 34-year-old Wal-Mart employee, killed during a Black Friday stampede at a store in Long Island, are filing a wrongful death lawsuit against the big-box.
Defendants include...

David Carr is bang on assigning a share of blame for the Wal-Mart Black Friday death under the feet of a shopping mob to news media. I will disagree in degree about business vs. editorial responsibility. He sees the creation of Black Friday - and that horrible coinage itself - as a cynical business conspiracy [...]

Just over half of Atlantic Records' music sales came from digital in Q3, making the Warner Music Group (NYSE: WMG) label the first to see MP3s outpace CDs, NYT reports.  But that noteworthy milestone is set against the problem of shrinking music sales and the inability of digital sales to replace the lost revenues ass

In-game commerce provider Playspan has closed a $16.8 million second round of financing. Previous investors Easton Capital, Menlo Ventures, Novel TMT Ventures and STIC all participated in the round, in addition to undisclosed sources. The Santa Clara, Calif.-based company will use the funds to build out its publisher base and expand into Europe and Asia.