Avid Releases MediaCentral Platform Update

Avid says more powerful and intuitive user experience, greater agility in creating and distributing content from anywhere, and flexible cloud deployment options are among the enhancements in the new platform.

EU’s Google Fine Affects Entire Ecosystem

The European Union’s decision to fine the search giant $5 billion for what it described as illegal practices to strengthen its dominance in search advertising could restrict how Google operates and provide an opening to its rivals.

Yahoo To Be Renamed As Altaba

Yahoo released a succession plan Monday for when the company’s core search and advertising assets transfer to Verizon. Yahoo board member Thomas McInerney will serve as CEO and Alexi Wellman will fill the CFO position after Yahoo completes the sale.

COMMENTARY BY BENJAMIN SPIEGEL

Why Search Will Save TV

As cord-cutting and changing viewing habits disrupt traditional TV, columnist Benjamin Spiegel explains why better content discovery is essential for the future of the medium.

Report: Facebook, Yahoo Eye Search Alliance

Yahoo CEO Marissa Mayer has held discussions with Sheryl Sandberg, Facebook’s chief operating officer, about how the two companies can work more closely together.