The UFC is looking to crack down on illegal live streams of its pay-per-view events, subpoenaing live streaming sites Justin.tv and Ustream to get the IP addresses needed to identify and shut down users that have made videos of those events available for free online.
It’s no secret that Quantum Fuel Systems Technologies Worldwide (s QTWW) is betting big on plug-in hybrid vehicle startup Fisker Automotive — the green car startup’s genesis was built on a vision of having the well-known luxury car designer Henrik Fisker design a vehicle around a Quantum drivetrain. The risk of that bet comes out loud and clear in Quantum’s latest earnings report, which covers the company’s financial results for the first nine months of the 2010 fiscal year.
Quantum’s revenue sank to just $1.5 million in the third quarter of fiscal year 2010, down from $5.9 million in the same three months of 2009. For the first nine months of fiscal year 2010, revenue dropped to $7.2 million, down from $17 million in the year-earlier period. According to Quantum’s earnings statement, discussed in a call with shareholders this morning, “The decrease in revenue for the third quarter and first nine months of fiscal 2010 is primarily related to delays at Fisker Automotive related to the Fisker Karma development program.”
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