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Oooyala chief technology officer and co-founder Sean Knapp. His resignation, after Telstra bought the Silicon Valley ...

How Silicon Valley beat Telstra

While Telstra's shareholders wore the cost of the mistake, the founders and early investors in a web-TV company walked away with millions.

Morgan Stanley takes axe to Foxtel valuation

Morgan Stanley analysts have written $3 billion off their valuation of payTV operator and initial public offering-contender Foxtel, in light...