The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.» Read More
Another new big release, Walt Disney Co's animated "Planes: Fire and Rescue," grabbed third place with $18 million, while the comedy "Sex Tape" took in $15 million for the No. 4 spot.
LOS ANGELES/ NEW YORK, July 20- Sci-fi sequel "Dawn of the Planet of the Apes" beat a horror flick, an animated family film and an adult comedy to keep its grip on the U.S. and Canadian box office title for a second straight weekend.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Rupert Murdoch may have been canny in his $80 billion bid for Time Warner as potential bidders are busy absorbing their own large deals.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Rupert Murdoch’s audacious offer for Time Warner that if it succeeds would cement his status as the most powerful U.S. media magnate.
NEW YORK, July 16- Rupert Murdoch's Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83- year-old's status as the most powerful magnate in U.S. media and entertainment.
NEW YORK, July 16- Time Warner Inc's board, in rejecting 21st Century Fox Inc's $80 billion bid, insisted the offer undervalued the media conglomerate and raised fears about the dominating role that Rupert Murdoch's family would play, a person close to the situation said on Wednesday.
Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.
*Time Warner shares up 16.9 percent. NEW YORK, July 16- Rupert Murdoch's 21st Century Fox Inc said on Wednesday that Time Warner Inc had rebuffed its offer to buy the company, but people familiar with his thinking say he is determined to bring the U.S. media conglomerate into his empire.
For much of Tuesday, however, the database appeared to be down or unaccessible, which FCC spokeswoman Kim Hart attributed to an "overwhelming surge in traffic."
Etsy and Uber are among the small companies that rely on fast video streaming and are also against the FCC's net neutrality proposal.
One of the oldest and largest funds in this niche is the Merger Fund, which manages nearly $6 billion.
July 11- Walt Disney Co, Discovery Communications Inc and CBS Corp are being asked for information by U.S. antitrust officials probing Comcast Corp's proposed takeover of Time Warner Cable Inc, Bloomberg reported on Friday.
With a Comcast-Time Warner Cable deal in the offing, John Malone's dealmaking could be on hold here. But there may be more to do in Europe.
"Barry and I decided a year and a half ago not to talk about Aereo," CBS CEO Leslie Moonves says.
The decision was a victory for traditional broadcasters, such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC, and Twenty-First Century Fox Inc's Fox. CBS argued in a joint filing on Wednesday that the case should be dismissed in light of the Supreme Court ruling, but Aereo disagreed.
Discovery Communication CEO David Zaslav said TV content companies are likely to consolidate in response to pending deals between cable companies.
Smart home technology is state-of-the-art and undeniably cool. But does it help where it really matters— in consumers' pockets?
*JPMorgan tops league table, earns fees of $3.4 bln. Global investment banking fees totalled $47.1 billion in the first six months of the year, compared to $42.2 billion last year, according to data from Thomson Reuters and Freeman Consulting. They were up 6 percent in the Americas and down 15 percent in Africa and the Middle East.