The judge in the lawsuit between Akamai (AKAM) and Limelight (LLNW) has streamlined the suit, focusing on one of the three patents at issue.
"Content distribution is where we are focusing our effort," says Level 3 CEO Jim Crowe.
Level 3 Communications (LVLT) has filed suit against Limelight Networks (LLNW), asserting that Limelight is infringing its CDN patents.
South Korean content delivery company CDNetworks has received $96.5 million in private investment.
The ISE Exchange has launched a colocation service offering ultra low-latency connectivity to its options and stock exchanges.
Dan Rayburn estimates the size of the CDN market at $450 to $500 million for 2007, and growing to $800 million in 2008.
Walt Disney's venture arm, Steamboat Ventures, has invested $6 million in content delivery network startup EdgeCast.
VeriSign (VRSN) is said to be actively shopping its Kontiki peer-to-peer network to other CDNs and content companies.
Savvis' Weehawken data center is the hub for a booming business in low latency financial trading, in which microseconds matter.
NBC has chosen P2P CDN Pando Networks to deliver video downloads for its NBC Direct service.