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Broadcast and cable TV are not dead yet. In a decision that could crimp consumers’ hopes to cut the cord from their cable operators, the U.S Supreme Court said Aereo Inc, a video streaming service backed by media mogul Barry Diller, violated copyright law by using tiny antennas to broadcast TV content online to paying subscribers.
Oracle is in talks with Micros Systems to buy the software maker for retailers and hotel chains for more than $5 billion. While the companies are in exclusive talks, they could still fail to reach an agreement. Micros shares were up 17 percent at $67.54 in early afternoon trading on the Nasdaq. Oracle shares were up 1 percent at $42.53. Oracle and Micros could not be immediately reached for comment.
Mango News picks 10 best events in the field of Science & Technology in year 2014. 1. European Space Agency 2. NASA – Asteriod Disintegeration 3.