Feeds

Joost jettisons chairman

Investigation launched

The essential guide to IT transformation

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. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?