DivX, Inc. (DIVX) revealed the resignation of Markus Moenig as Senior Vice President and Chief Technology Officer, effective December 1, 2008, in order to return overseas and explore new entrepreneurial opportunities. Following DivX's acquisition of MainConcept, Moenig's primary focus has been to integrate the H.264 digital video technology into the core DivX product line, which has culminated in the soon to be released DivX 7. Jim Reesman, Vice President of Engineering, would lead DivX's global engineering organization.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.