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Cnet options backdating

In 1998, CNET was sued by Snap Technologies, operators of the education service College Edge, for trademark infringement relating to CNET's ownership of the domain name Snap.com, due to Snap Technologies already owning a trademark on its name.

In 2005, Google representatives refused to be interviewed by all CNET reporters for a year after CNET published Google's CEO Eric Schmidt's salary, named the neighborhood where he lives, some of his hobbies and political donations.

In addition, CNET produced another television technology news program called that aired on CNBC beginning in 1999. to regain the URLs lost in the 2000 sale of Ziff Davis, Inc. a publicly traded Japanese media and technology company.

From 2001 to 2003, CNET operated CNET Radio on the Clear Channel-owned KNEW (910) in the San Francisco Bay Area, WBPS (890) in Boston and on XM Satellite Radio. After failing to attract a sufficient audience, CNET Radio ceased operating in January 2003 due to financial losses. In December 2006, James Kim, an editor at CNET, died in the Oregon wilderness.

The new vote subsequently gave the Best in Show award to the Razer Edge tablet instead.

On April 11, 2007, Judge William Alsup of the San Francisco federal court granted the defendants’ motion to dismiss the consolidated shareholders’ derivative complaint filed in the connection with alleged options backdating at CNET Networks, based on plaintiffs’ failure “to plead with particularity that demand on the board was excused as futile.” The plaintiffs’ complaint, as amended, asserted four derivative claims based on federal securities laws, against thirteen individuals and against CNET itself as nominal defendants.CNET (stylized as c|net) is an American media website that publishes reviews, news, articles, blogs, podcasts and videos on technology and consumer electronics globally.Founded in 1994 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through CNET Networks' acquisition in 2008.However, CBS abruptly disqualified the Hopper, and vetoed the results because the company was in active litigation with Dish Network.CNET also announced that it could no longer review any product or service provided by companies that CBS are in litigation with (which also includes Aereo).These include the United Kingdom, Australia, China, Japan, French, German, Korean and Spanish.According to third-party web analytics providers, Alexa and Similar Web, CNET is the highest-read technology news source on the Web, with over 200 million readers per month, being among the 200 most visited websites globally, as of 2015. Current American Idol host Ryan Seacrest first came to national prominence at CNET, as the host of The New Edge and doing various voice-over work for CNET.CNET News has won several prestigious awards, including the National Magazine award.CNET Video is CNET's Internet video channel offering a selection of on-demand video content including video reviews, first looks and special features.It is simply pro-innovation and pro-consumer." Shapiro felt that the decision also hurt the confidence of CNET's readers and staff, "destroying its reputation for editorial integrity in an attempt to eliminate a new market competitor." As a result of the controversy and fearing damage to the show's brand, the CEA announced on January 31, 2013 that CNET will no longer decide the CES Best in Show award winner due to the interference of CBS (the position has been offered to other technology publications), and the "Best in Show" award was jointly awarded to both the Hopper with Sling and Razer Edge.The reviews section of the site is the largest part of the site, and generates over 4,300 product and software reviews per year.


  1. Aug 22, 2008 Tobak's take on Steve Jobs' role in the stock options backdating scandal at Apple

  2. Options Backdating. Options were also backdated for new employees to dates prior to the date employment actually commenced. CNET Networks, Inc.

  3. Dec 28, 2006 Apple says options probe. were found to have backdated options, including CNET. that options backdating is a widespread and.

  4. CNET announced Wednesday that an internal probe found deficiencies with the process by which options were granted at CNET including in some cases the backdating of stock options grants.

  5. The Securities and Exchange Commission has closed an investigation into stock options backdating at CNET Networks without charges. The news came as a surprise, since the SEC has been aggressively pursuing companies for backdating stock options, the Recorder reports. The SEC did not comment on the.

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