Social networking site Pinterest has raised $100 million from a group of investors led by Japanese online retailing giant Rakuten in a deal that reportedly values the company at $1.5 billion. Read More
The University of Missouri said it could earn as much as $12 million more per year from an new TV deal in the Southeastern Conference, compared to the deal it had in the Big 12. Read More
When Activision Blizzard’s long-awaited Diablo III went on sale at midnight, it had already broken sales records. Once players got their hands on the game, they also overloaded Activision Blizzard's servers. Read More
As the Oklahoma City Thunder gets ready to take on the Los Angeles Lakers in the Western Conference semifinals tonight, there’s an off-the-court distraction that could impact the team’s business. Read More
Whoever replaces Scott Thompson in the Yahoo hotseat should take a leaf from Warren Buffett when it comes to reshaping the embattled Internet giant. Read More
Today Facebook brings its roadshow to the Crowne Plaza in Palo Alto, just a stone's throw from where Facebook was founded. This may not be the biggest event on the road show — New York was with about 660 people attending — but it's a crucial moment for Facebook to be evaluated on its home turf. Read More
Iger led off the earnings call with a heavy emphasis on international growth, China in particular. Iger says China is a "priority" and that the Shanghai resort, which is now under construction, will be very important for international growth. Read More