U.S. stocks closed lower, failing to hold initial gains, as lack of resolution between Greece and its creditors weighed on investor sentiment.» Read More
In their own 'Private Idaho', the media moguls gathered here in Sun Valley attending the Allen & Co conference are on their own discovery and having plenty to say about the economy and government regulation and what it all means for the future of their industry.
Liberty Media Group Chairman John Malone is "quite concerned" about a lot of things ... even here in Sun Valley, where he and other media bigwigs are hobnobbing at the Allen & Co. confab.
We caught KKR's Henry Kravis, American Express CEO Ken Chenault, News Corp's Rupert Murdoch, IAC's Barry Diller and New York Mayor Michael Bloomberg heading in for today's first panel on "The Future of Entertainment in the Digital Age."
The G4s are landing in Idaho and the Sun Valley resort is rolling out the red carpet for the biggest names in media, technology and private equity. Boutique investment bank Allen & Co is readying for its annual conference, nicknamed "summer camp for moguls." Media and tech titans and the private equity players drawn to them will arrive this afternoon for a week of activities and networking.
Barry Diller's IAC/Interactive Corp and AOL both reported earnings before the bell. IAC's results exceeded expectations — it grew revenue 16 percent on 20 percent higher search ad revenue.
The mood is upbeat and venture capitalists, media and tech giants are out in force, hunting for deals at the seventh annual Montgomery Tech Conference in Santa Monica, California.
Online dating isn't just about making love connections, it's about making lots and lots of money.
Stocks closed broadly higher on optimism that help was on the way for Greece to deal with its heavy debt burden.
Stocks staged a relief rally Wednesday amid talks of a bailout for Greece and positive earnings and sales news from some key Dow components.
U.S. stock index futures are pointing to a higher open Tuesday morning, a day after a last-hour selloff pushed the Dow to its first close below 10,000 since November, and the S&P 500 to a fresh three-month closing low as well.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 9.
Former NBC Entertainment chief Ben Silverman and Barry Diller's IAC/Interactive Corp teaed up last fall to launch a new studio called "Electus" to create entertainment, ads and branded content. Now we're finally seeing what this merger of new and old media has up its sleeve.
An encouraging sign that things are getting back to normal: "Greed" is making a comeback, and "cynical" thoughts are dwindling, according to Dictionary.com.
Cox Communications has made it no secret that it's open to selling a majority stake in Travel Channel Media and my sources tell me bids for the cable channel are due tomorrow.
It was a tough quarter for Viacom, which struggled the economy, namely the weak ad market and lower video game sales of its "Rock Band" game. Plus, Sumner Redstone's media giant had fewer movie releases and tough comps with last year.
With Amazon shares slipping about 10% since earnings and smaller tech firms reporting this week, is the Internet trade still in tact?
Internet company IAC/InteractiveCorp, which owns sites such as Ask.com and Match.com, has weathered the economy more successfully than most old media companies, CEO Barry Diller told CNBC Friday.
Twitter is the talk of the Fortune Brainstorm conference. Everyone agrees it's a hot, powerful, popular new tool. But there's zero consensus about its profit potential.
Online ad company ValueClick is burning bright with call activity today, as a new report shows that Internet advertising grew 10.6 percent to $23.4 billion last year.
Ticketmaster Entertainment is infamous for its ticketing charges. Now it's suffering from a $1.1 billion charge — a goodwill write-down on the decline in its stock. The stock is trading around $4, less than a quarter of its price when it spun off from Barry Diller's IAC/InterActiveCorp in August.