MPEG Surround Now International Standard
Agere Systems, Coding Technologies, Fraunhofer Institute for Integrated Circuits IIS and Philips Applied Technologies announced at the 3GSM World Congress in Barcelona that the MPEG (Moving Pictures Expert Group) has finalized the standardizations process of the MPEG Surround format. Developed by the four parties, MPEG Surround is now an international standard. MPEG Surround is a brand new, feature-rich, open standard compression...
RealNetworks Fourth Quarter Profits Tank
RealNetworks’ profits tanked during the recent fourth quarter due to a reduced payout schedule from Microsoft. Towards the end of 2005, RealNetworks negotiated a $761 million, out-of-court antitrust settlement with Microsoft which buoyed the company’s profit line while masking their mediocre earnings. Now that the payouts are diminishing, the real profitability story is emerging. During the fourth quarter, settlement...
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