After a high-profile presence at the Republican National Convention in August, streaming media Webcaster was billing itself at the Internet's latest up-and-comer -- until it went bankrupt a month later.

AOL Time Warner cut more than 2,000 jobs Tuesday in what officials from the recently-merged company said was a move to streamline operations.

Jan 20

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Inaugural History

Deeply rooted in tradition, the presidential inauguration marks a new beginning for both the United States and its brand new president.

NBC has announced it plans to cut as many as 600 positions from its broadcast, cable and station staffs in an attempt to reduce operating costs. Meanwhile, reports say cuts at CNN could eliminate as many as 1,000 jobs.