Internet TV service Joost received an injection of $45mln from capital firm Index Ventures (which led the round), Sequoia Capital, Li Ka Shing Foundation, CBS and Viacom. Each company invested in a minority percentage of the firm, providing funding that will be used to accelerate product development, global expansion, localization and service offerings.

The Daily


C-band Auction Concludes

The C-band auction officially came to a close Friday after 97 rounds of bidding that grossed just under $81bln, cementing its place as the highest-grossing spectrum auction held in the US. FCC chairman Ajit

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