Wednesday July 01, 2009

Joost scaling back, to offer white label video service: Joost had high hopes of become the premium video destination on the web, a space that’s now largely occupied by Hulu. So now CEO Mike Volpi is out, massive layoffs are on the way, and the company announced it’s shifting from a consumer focus to offering a white label technology and distribution service.

Joost scaling back, to offer white label video service: Joost had high hopes of become the premium video destination on the web, a space that’s now largely occupied by Hulu. So now CEO Mike Volpi is out, massive layoffs are on the way, and the company announced it’s shifting from a consumer focus to offering a white label technology and distribution service.

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