Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.» Read More
IAC/InterActive Corp is seeking potential buyers for Newsweek, the magazine that stopped U.S. print publications last year, sources told Hollywood trade paper Variety on Tuesday.
Vyclone, a video app that lets users create movies from smartphone videos and share them via social media, has seen fast adoption, its founders say.
The action-packed sixth installment of the "Fast & Furious" film franchise became the biggest opening film in Universal Pictures' history during Memorial Day weekend.
Though Sony is best known for consumer electronics and a few say it needs to revive that business, some analysts argue that it would just be throwing good money after bad.
The glitterati of the social media world were recently in Singapore for the Social Star Awards.
News Corp. said it would take a charge of $1.2 billion to $1.4 billion in the current quarter to write down assets related to its publishing unit.
Netflix is launching a new season of Arrested Development on Sunday, reports CNBC's Julia Boorstin. Hulu is also in the spotlight, with reports that Yahoo has put in a bid for the online video giant.
Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp. and Walt Disney.
The way people spend their free time, where they stay when they travel, and what they eat, are being transformed by collaborative platforms, the power of mobile and GPS.
Ashton Kutcher says he will invest only in companies that have a mobile component. He made the revelation in an interview I hosted on-stage at the CTIA wireless conference.
Walter De Brouwer, Scanadu co-founder and CEO, explains his company's medical tricorder, which can monitor a person's vital signs just by holding up to their forehead for 10 seconds.
The hit show "Arrested Development" returns, this time to Netflix, with Mark Mahaney, RBC Capital Markets, and Michael Pachter, Wedbush Securities.
Chinese investment in the U.S. is extremely controversial, with CNBC's Michelle Caruso-Cabrera; and Gordon Chang, author of "The Coming Collapse of China," says the U.S. needs to be careful because the Chinese want to control Hollywood.
Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.
Paolo Sorrentino's "The Great Beauty" is one of several films that touch on the unraveling of contemporary Italy in official selection at the Cannes film festival this year.
Singer and actress Jennifer Lopez is going in a whole new direction. She's partnering with Verizon Wireless to launch a new wireless retail company.
Jennifer Lopez is partnering with Verizon Wireless to launch a new wireless company targeting the Latino market, with CNBC's Julia Boorstin.
Rovio is working to turn Angry Birds and Bad Piggies into a media empire, reports CNBC's Julia Boorstin. Harri Koponen, Rovio Entertainment COO, discusses the decision to publish and promote third party games.
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
Peter Lauria, BuzzFeed business editor, discusses the launch of its business section website.
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