Hey, We’re Talking Tech

Another Friday, another Talking Tech podcast featuring yours truly and my trusty sidekick, Kevin Restivo. In the wake of CES, it was a fairly quiet week but there was lots of buzz in the online video market with the official launch of Joost, Netflix getting into the movie and TV download business, and Brightcove raising $59.5-million. Both Kevin and I are impressed with Joost, which we think will be a success as long it can get content owners onboard. I also think Joost will be another entrepreneurial success for Niklas Zennstrom and Janus Friss, who appear to have the Midas Touch in the wake of Skype’s sale to eBay.

In Canada, the big tech news of the week was Canadian Imperial Bank of Commerce’s admission that its Talvest mutual trust subsidiary had lost a backup file that contained the personal data of 470,000 investors. Of course, this pales in comparison to TJX Inc. having its network hacked and as many as 40 million credit card numbers exposed.

We wrap up the podcast with a look at a week in the life of telecom entrepreneur Terry Matthews, who saw one of its investments, Ubiquity Software, acquired by Avaya for $144-million, while another, March Networks, had its stock drop 40% after revealing that one of its large customers (Wal-Mart) is buying less of its digital surveillance technology.

Technorati Tags: Wal-Mart, Terry Matthews, Video