Video search engine blinkx posted a net loss of $3.2 million for the six months to end-March on revenues of $3.6 million, but said it is ahead of plan in its move towards profitability.

blinkx said content hours have more than tripled since its IPO in May 2007 to 26 million from 7 million, and added that it achieved daily video search run rate of over 5 million per day in March 2008. Shares in the site have recently surged 50 per cent following rumours of a possible buyout bid from Google or News Corp.

Other posts by :

1. SES predicts end of ‘big’ Geo satellites
2. Amazon Leo gets approval for 4,504 extra satellites
3. SpaceX gets a portion of India
4. TerreStar wants to build LEO network
5. Musk: “No Starlink phone”
6. Russia accused of eavesdropping on satellites
7. FCC welcomes Musk’s 1m satellite plan
8. Telesat has problems with an LEO
9. Orbital debris a real danger 

Categories: Articles, Business, OTT, OTT, Results