Feeds

Joost jettisons chairman

Investigation launched

Build a business case: developing custom apps

Joost, the struggling web telly firm started by the men behind Skype, has sacked its chairman, Mike Volpi, who was bumped from his position as chief executive at the end of June.

The company is also investigating exactly what he's been up to in the last few months.

The probe is believed to centre on the company's peer-to-peer technology - the same technology used by Skype under license from Joltid - owned by Skype's founders.

Joost told the Times: "Mr Volpi was removed from the board of directors and from his position as chairman of Joost by shareholder vote. The company and its board of directors [are] conducting an investigation into Mr Volpi's actions during his tenure as CEO and as chairman."

eBay, which recently sold Skype at a loss, is going to court next year to settle licensing issues around that same P2P technology.

Joost was started by the Skype founders, Niklas Zennstrom and Janus Friis, in 2007. It began life as a peer-to-peer video service but failed to get content companies on board. Then it moved to offering browser-based video but again failed to find decent content. Most recently it has been offering its services to white label the technology to other firms. ®

Build a business case: developing custom apps

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'
Plus: 'EE, how shocking, ANOTHER problem I face with your service'
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.