Video-sharing platform ShareChat is the latest technology company linked to Alphabet ‘s Google to cut jobs. The Indian-based start-up said it is laying off around 20% of its workforce. ShareChat was reportedly valued at $5 billion in its latest funding round last year, with backing from Alphabet ‘s (ticker: GOOGL) Google. However, ShareChat said Monday that it was… Source link
Read More »/cloudfront-us-east-2.images.arcpublishing.com/reuters/TJPZADEWCFMXDHJZ667VUQCRKI.jpg "Google, YouTube slapped with million verdict in video-sharing patent fight")
YouTube found to infringe video-streaming optimization patent VideoShare case against Facebook still pending (Reuters) – Google and its video platform YouTube owe nearly $26 million for infringing a streaming-video patent owned by VideoShare LLC, a Texas federal jury said. The Waco, Texas jury found Tuesday that YouTube’s streaming technology works in the same way as VideoShare’s patented technology for converting a video to multiple formats and transmitting it in the best format for a user’s… Source link
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