Atlas Venture, the VC house that's backed ShozU, Songbird, Moo and Dailymotion, is starting a new $283 million venture fund. But the firm is also restructuring, with Boston-based partner Ahmet Ozalp and London-based Martin Gibson leaving the company.

Internap Network Services, a global provider of end-to-end Internet business solutions, has announced that its Board of Directors has appointed Eric Cooney president and chief executive officer, effective March 16th, 2009. Cooney was most recently president and chief executive officer of Tandberg Television, part of the Ericsson Group.

From Colin Mann in London The UK Government departments responsible for business and media have published a plan aimed at securing Britain's place at the forefront of the global digital economy. The interim report – produced by voluntary Steering Board of industry experts led by Stephen Carter, the Minister for Communications, Technology and Broadcasting – […]

AT&T have reported a fall in quarterly profit. While the top US telco added a net 2.1 million subscribers during the quarter, higher than the average analyst forecast for 1.9 million subscribers, investors remained concerned about a weakening wireline business. It reported a net addition of 264,000 subscribers to its U-verse video service in the […]

A large percentage of the BBC’s £130 million-a-year (E141m) digital switchover surplus licence fee money is expected to be taken by comms minister Lord Carter to help achieve his goal of getting broadband in every UK home by 2012. It has been reported that the outline of a deal has been reached, although the full […]

Thomson group has warned it is likely to breach certain debt covenants and needed to bolster its balance sheet, notably by selling more non-core activities. The loss-making company said it would sell businesses which contributed around E1 billion to 2008 sales, including Grass Valley and PRN, for which it has already received expressions of interest, […]

The UK’s Intellectual Property minister David Lammy has said the government will not force Internet service providers to pursue file sharers. This despite signals from government they would force ISPs to clamp down Lammy said legislation would be too complex: “We can’t have a system where we’re talking about arresting teenagers in their bedrooms,” he […]

The theory that home-entertainment wins out in a recession is proved again with the latest results from BSkyB. Europe's biggest pay-TV operation announced net customer growth of 171,000 for the second quarter (to December 31, 2008), up from 167,000 for the like period a year earlier. Total base is now 9.24m. Like for like operating […]

From David Del Valle in Madrid Spain’s Telecommunications Market Commission (CMT) has freed Telefonica from the obligation of sharing its network with other operators for speeds over 30Mbps. Below that speed, the company will have to offer rivals a wholesale service, whether offered via the copper wire network or its new fibre optic network. It […]

Verizon, the US' second largest telco, said its earnings increased 15 percent in the fourth quarter, as the shrinking economy did little to dampen appetites for wireless, Internet and TV service. The company said it earned $1.24 billion, up from $1.07 billion a year earlier. Revenue rose 3.4 percent to $24.6 billion from a year […]