Gore Launches Cable TV Channel
Monday, April 04, 2005
SAN FRANCISCO — Al Gore
(search) has a plan for luring the Internet generation back to television:
make it more participatory by having viewers contribute their own video.
The former vice president and longtime Internet champion
joined investors Monday to announce the creation of Current, a cable TV channel that will target younger viewers with a blend
of news, culture and viewer-produced video.
Gore will serve
as chairman of the board of the new venture, which will be based in San Francisco.
He and Joel Hyatt, the founder of Hyatt Legal Services
(search) who will serve as Current's chief executive, assembled an investment team that paid $70 million last year to acquire
the Newsworld International channel from Vivendi International (search).
The channel, to launch Aug. 1, will remain privately
financed and initially will be available in 19 million cable-subscriber homes.
The channel will try to engage viewers ages 18 to 34
using the Web's signature blend of interactivity and populism, Gore and Hyatt explained.
Gore, dressed in a charcoal gray suit and no tie, stood
on stage with Current's creative team — a multicultural group of TV producers the same age as his children.
EBay User Admits to Threatening Executives
5 of 2005
JOSE, Calif. -- A Romanian native who became disgruntled with eBay Inc.'s business practices pleaded guilty Tuesday
to threatening senior executives, including the billionaires who founded and manage one of the world's largest e-commerce
Horicianu, 37, a naturalized U.S. citizen who tried to recruit thousands of Romanians to become eBay buyers and sellers, sobbed
and wiped his eyes as U.S. District Judge James Ware told him that he faced up to five years in prison and at least $250,000
who will be sentenced in September, sent executives numerous e-mails in 2003 and 2004 in which he contemplated suicide and
made other threatening remarks because of a business dispute with eBay. Among the executives who received his e-mails were
Silicon Valley e-commerce pioneer and eBay founder Pierre Omidyar, and ebay Chief Executive Meg Whitman.
will haunt and hurt you and your family," said one e-mail.
representatives declined to comment on the case.
in documents filed in Santa Clara County Superior Court, the company portrayed Horicianu as a mentally disturbed man who created
phony accounts from fake sellers throughout Romania to inflate his recruitment ranks.
to court files, Horicianu demanded eBay pay him $800,000 and sent an e-mail to one eBay executive demanding payment or else
he would continue "hunting you and your family.