Feeds

Joost jettisons chairman

Investigation launched

Boost IT visibility and business value

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
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
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.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.