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Search engine giant Google has taken small steps toward creating and distributing its own cntent, and media companies worry it might become a competitor, the New York Times reports.
With a very minimal involvement in these games, Li Ning Co. has all of a sudden come away as a big winner, thanks to their namesake and chairman lighting the torch in Friday's Opening Ceremony.
I'm sure you've heard about the unbelievable Olympics ticket scam reportedly run by a guy out of England who has done this a couple times before. It's been hard to get the numbers on how many people got scammed, but it seems like it spanned the U.S., Europe, Asia and Australia.
The Beijing Organizing Committee's choosing of former Olympic gymnast Li Ning to be the final torchbearer and the cauldron lighter must have rubbed the folks at adidas and Nike the wrong way.
With a gold in the 4x100 relay this morning, Michael Phelps now has eight gold medals to his name and two for this Olympiad. The bad news? He's not allowed to have any more friends.
In today's end-of-week version of the exclusive Fast Money Web Extra of trades not covered on the show, the gang mentions some good trades for the start of next week.
Here's your primer of everything that happened once Favre got traded from the Packers to the Jets.
As we get ready for the Opening Ceremonies tonight, we have the NBA's list of the best selling jerseys in China for you to mull over.
The shoes Bernarnd Lagat will be running in--the Air Matumbo from Nike--seem to weigh as much as a potato chip bag, but that's not the best part.
The next generation of gamer now has the same opportunity to develop early arthritis. The game is called "Beijing 2008" and its developed by Sega for XBox 360 and Playstation 3.
Over the past 17 seasons, Favre has sold more jerseys than any player in NFL history. Favre finished the season ranked No. 3 in jersey sales. There was not a single Jets player in the top 20 best selling jerseys last year.
Nine-time gold medalist Carl Lewis will always be remembered for what he did on the track. Unfortunately, he'll also be remembered for what some might call the worst public singing of our National Anthem.
For the second straight Summer Olympiad, swimsuit maker Speedo is floating a $1 million prize to Michael Phelps if he ties Mark Spitz's 1972 gold medal record of seven gold medals in a single Olympics.
The company is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor.
One of Yahoo's largest and most critical shareholders, Capital Research Global Investors, said on Monday it had asked for a probe of last week's shareholder vote, a move that calls into question the strong showing for Chief Executive Jerry Yang.
Michael Phelps showed up in Beijing with a Fu Manchu. It had our group here buzzing about whether the most high profile Olympic swimmer was really going to keep it throughout the games.
We're mid-way through media earnings, and a distinct trend is emerging: weakness in local ad markets is now spilling over to national cable and broadcast advertising. The media industry is facing all sorts of hurdles. Particularly unfortunate sector challenges at a time when the ad cycle is at a low.
Close to two-thirds of viewers of the Olympics will get their information on-line, according to new research by WPP.
Every four years the advertising industry is given a boost due to the combination of the Olympics and the presidential election in the U.S. We’re in the middle of this quadrennial effect now, and WPP CEO Sir Martin Sorrell was on Squawk Box this morning, where he discussed the impact this is having on advertisers.