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Yahoo's acquisition of Tumblr was the biggest venture-backed exit of a New York-based company in the state's history.
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NEW YORK, May 6- Aereo Inc, the online television venture backed by Barry Diller, asked a federal court on Monday to block CBS Corp from suing it in new markets where it plans to expand. The startup company brought the complaint in Manhattan federal court, seeking a ruling that it does not violate CBS's copyright.
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NEW YORK, May 6- Aereo Inc, the online television venture backed by Barry Diller, asked a federal court on Monday to block CBS Corp from suing it in new markets where it plans to expand. The startup company brought the complaint in Manhattan federal court, seeking a ruling that it does not violate CBS's copyright.
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Google is on the verge of unveiling an à la carte subscription service for some of YouTube's specialist video channels, the Financial Times reports.
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What's the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation. Leaders in other industries earn far less than their media industry counterparts, the NYT reports.
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NEW YORK, May 6- Aereo Inc, the online television venture backed by Barry Diller, asked a federal court on Monday to block CBS Corp from suing it in new markets where it plans to expand. The startup company brought the complaint in Manhattan federal court, seeking a ruling that it does not violate CBS's copyright.
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NEW YORK, May 6- Aereo Inc, the online television venture backed by Barry Diller, asked a federal court on Monday to block CBS Corp from suing it in new markets where it plans to expand. The startup company brought the complaint in Manhattan federal court, seeking a ruling that it does not violate CBS's copyright.
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LOS ANGELES, May 5- Following are the top 10 movies at North American box offices for the three-day weekend starting May 3, led by "Iron Man 3," according to studio estimates compiled by Reuters. $175.3 million 2 Pain& Gain......................... $5.79 million 5 The Croods..........................
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NEW YORK, May 5- Superhero sequel "Iron Man 3" rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood's summer movie season with $175.3 million in weekend ticket sales for the second-biggest film opening of all time.
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NEW YORK, May 5- Superhero sequel "Iron Man 3" rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood's summer movie season with an estimated $175.3 million in weekend ticket sales for the second biggest opening of all time.
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NEW YORK, May 5- Superhero sequel "Iron Man 3" rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood's summer movie season with an estimated $175.3 million in weekend ticket sales for the second biggest opening of all time.
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CBS reported a strong first quarter this week, and traders apparently think that the good news will keep on coming.
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*S&P Capital IQ raises target price by $4 to $54; rating strong buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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**APPLE INC, $447.94, up 2 pct. William Blair& Co analyst Anil Doradla said the bond oversubscription showed investor confidence in Apple, adding that shareholders will get these benefits, and that capital allocation is driving the shares up. **AVEO PHARMACEUTICALS INC, $2.69, down 49 pct.
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**GENERAL MOTORS CO, $31.5, up 4 pct. **VISA INC, $170.8, up 3 pct. **FACEBOOK INC, $28.17, up 3 pct.
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*Pivotal Research raises target price to $52 from $51; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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**GENERAL MOTORS CO, $31.5, up 4 pct. **VISA INC, $170.8, up 3 pct. **FACEBOOK INC, $28.17, up 3 pct.
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Wall Street was set to open slightly higher Thursday as an interest rate cut from the European Central Bank and better-than-expected weekly jobless claims data in the U.S. boosted investors' appetite for risky assets. **GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **VISA INC, Wednesday close $166.02, up 3 pct premarket.
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**GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **SEAGATE TECHNOLOGY, Wednesday close $36.94, up 4 pct premarket. **FACEBOOK INC, Wednesday close $27.43, up 2 pct premarket.
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**GENERAL MOTORS CO, Wednesday close $30.18. **MANULIFE FINANCIAL CORP, Wednesday close $14.65. **ACTAVIS INC, Wednesday close $104.39.
