With the prospect of an additional $9.6 million in compensatory damages on the horizon, Madison Square Garden settled the sexual harassment lawsuit brought by former employee Anucha Browne Sanders (pictured). MSG, owned by Cablevision, agreed to pay her $11.5 million, including $4 million in legal fees, according to the NYT.
Testimony on the compensatory damages the punitive damages portion of the jury’s $11.6 million verdict was set to take place before a Judge Gerard Lynch later this week. The Garden indicated in a statement yesterday that NBA Commish David Stern — a former Proskauer partner — had urged the team to settle. Stern has been vocal in criticizing the Garden’s handling of the case.
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Tags: Health, Case, Garden, Harassment, NYT, Settled, Sexual, Sexual Harassment Case Is Settled By the Garden, nba, nytimes | No Comments »
DOUBLECLICK, which delivers marketing messages to Web sites and monitors how many clicks they get, plans to announce today that it is setting up a Nasdaq-like exchange for the buying and selling of digital advertisements.
The service may make DoubleClick a more attractive acquisition target, according to advertising industry executives.
DoubleClick, which opened in 1996 as a pioneer in the placement of banner ads online, has evolved into a company that serves — separately — both buyers and sellers of digital advertisements.
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Tags: internet, Business, webmasters, acquisition target, acquisition-target, ad space, ad-space, advertisements, advertising agencies, advertising-agencies, available space, available-space, banner ads, banner-ads, business, centerpiece, david rosenblatt, david-rosenblatt, doubleclick, gauge, marketwatch, mw, nasdaq, nyt, nytimes, place ads, place-ads, publish web, publish-web, web content, web publishers, web-content, web-publishers | No Comments »
Back when you were a kid and your mom told you to stop playing Nintendo because video games rotted your brain, it was hard to argue with her. Well, some geniuses over at Stanford University have set out to prove your mother wrong
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Tags: Video, Gaming, brain, geniuses, mom, nintendo, nytimes, stanford university, stanford-university, video, video games, video-games | No Comments »
Several people noted a NYT piece about Palm’s response to the iPhone. Essentially, their response appears to be to hire a former Apple engineer and a couple other folks — while also pursuing plans to perhaps sell the company. Nothing like a dual approach to the problem. Read the more »
Tags: iPhone, Apple, apple, apple iphone, apple-iphone, iphone, iphones, nyt, nytimes | No Comments »
Microsoft’s drive into the health care market is just getting under way, but the company signaled yesterday that one important ingredient in its plan will be a specialized search engine tailored to deliver useful medical information to consumers.
Microsoft is buying Medstory Inc., a small start-up in Foster City, Calif. Its search software applies artificial intelligence techniques to medical and health information in medical journals, government documents and on the Internet.
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Tags: Soft, Vista, Microsoft Buy Health information, Microsoft Buy Health information Search Engine, Microsoft-Buy-Health-information, Microsoft-Buy-Health-information-Search-Engine, Search-Engine, acquisition, artificial intelligence techniques, artificial-intelligence-techniques, broader, company strategy, company-strategy, consumer experience, consumer-experience, consumers, government documents, government-documents, health strategy, health-strategy, medical information, medical journals, medical-information, medical-journals, microsoft, nytimes, peter neupert, peter-neupert, search engine, search software, search-software, useful medical, useful-medical | No Comments »
