"Promoters, in order to raise money to develop networks on which digital assets will operate, often sell the tokens or coins rather than sell shares, issue notes or obtain bank financing.
Publicis Groupe, Paris, acquired Mediagong, a French digital agency, which will operate as an autonomous unit within Groupe Leo Burnett France, part of the Leo Burnett division of Publicis.
"We think we'll get a lot of residual benefits around this issue," he said, "and over the long term we think we'll increase the odds the digital music world will operate the way the physical world will".
Conceding that they had jumped too quickly into untested waters, New York City fire officials said yesterday that they planned to reprogram their entire inventory of new, hand-held digital radios so they will operate using analog technology similar to what firefighters have been using for decades.
Now that it's got the spectrum, Qualcomm is gearing up to offer digital quality broadcasts and will operate its service over the 700 MHz spectrum (UHF Channel 55) that it acquired at the June 2003 FCC auction.
Handspring, the second-largest maker of Palm OS-based hand-held computers, announced plans yesterday to develop a version of the Treo communicator, its combination personal digital assistant and telephone, that will operate on Sprint's new third-generation wireless network.
ViDM subsidiaries Amplify and Emerge Digital will continue operating under the Alphabird Australia brand.
Innovyx, with eight employees working for clients like Microsoft, will operate as an autonomous unit of Rapp Digital, the interactive unit of Rapp Collins.
Publicis Groupe, Paris, acquired a digital agency in Dubai, United Arab Emirates, named Flip Media, which will operate under its own name as part of the Leo Burnett Worldwide division of the Publicis Groupe.
The new company, which will operate independently from the publishers that invest in it, will create a digital storefront where consumers can purchase and manage their subscriptions, which can be delivered to any device.
