Dow hits new high
July 12, 2007
At 11:05 a.m. ET, the Dow Jones Industrial Average had added 133 points to 13,711, hitting a new intraday high. The Nasdaq Composite Index was up 18 points to 2,669, and the Standard & Poor’s 500 Index had gained 12 points to 1,531. Light, sweet crude oil rose 84 cents to $73.40 a barrel.
Limelight
July 12, 2007
Akamai sued Limelight last year for patent infringement. Om Malik thinks there’re OK for now:
Three weeks after Limelight Networks raised a whopping $240 million from the public markets, the content delivery network company got more good news: a court has said that Akamai could not patent the way files are delivered over the internet, thereby removing a big dark cloud from over Limelight.
The fool is inconclusive , and there’s more coverage here.
I think it sounds risky. I almost hit the buy button tonight. I’m sleeping over it. Maybe I can decide tomorrow.
