Veoh have succeeded in raising an additional $40m to funding, so they're back from the brink.

Meanwhile, leading European ISP Tiscali looks like it is on the verge of being sold, with Vodafone being mooted as a buyer. It will be interesting to see what will happen to Tisali TV, which used to be HomeChoice, a service that Tiscali has done little with since buying.

Meanwhile, very strange goings on at Narrowstep as the company is re-organised by potential acquirer OnStream before shareholders have had an opportunity to vote on the deal. Talk about sailing close to the legal wind...