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Stocks are weaker ahead of the open despite a round of Monday morning mergers. Asian markets were higher, ignoring another selloff in China overnight, and European markets are lower.
YouTube said on Sunday it has reached a revenue-sharing deal with Hearst-Argyle Television whereby local TV stations will be paid when users of the video-sharing site watch their programming.
The Bancroft family will meet with Rupert Murdoch's News Corp. to discuss its $5 billion bid for Dow Jones, the Wall Street Journal reports. The family also said it would consider other bidders and options for the company which includes the Wall Street Journal.
The guys go behind the headlines and give you their take on... the family behind Dow Jones agreeing to meet with Rupert Murdoch... Wal-Mart's $15 billion buyback ... and more. Find out where they see fast money.
Jobs and manufacturing data combine this morning to tell the tale of the consumer and manufacturing pillars of the economy for a market set on moving higher. Stock futures are moving up after markets around the world start the month of June with gains.
Rupert Murdoch's News Corp. will return to Australia's benchmark S&P/ASX 200 Index from the close of trade on June 15, 2007, global index provider Standard & Poor's said in a statement on Friday.
The parent of MySpace is buying the media-sharing site Photobucket for about $300 million, bringing together two of the Internet's most popular hangouts.
CBS said it bought Last.fm, the online music service that allows fans with similar tastes to connect, for $280 million in a bid to attract young audiences.
The Burlesque Hall of Fame is teaming up with Keep A Breast Foundation to raise awareness about breast cancer. Well, one can see how this is, as the burlesque organization says, "a match made in heaven."Now, to raise awareness, the Hall of Fame next month reportedly will host an art exhibit and auction featuring plaster breast molds of "legendary burlesque, pin-up and cheesecake queens." The museums founder, it turns out, died of the disease in 1991. Her name, Jennie Lee, was known as "The Bazoom Girl."
Thirty years on, the movie franchise gets high marks for mythic originality, special effects and a huge return on investment. Oh yeah, it's also a one-of-a kind cultural phenomenon.
The British government ordered the country's competition watchdog on Thursday to carry out a full inquiry into British Sky Broadcasting's purchase of a significant stake in commercial broadcaster ITV.
An influential member of the family that controls Dow Jones, who is also a director of the company and a trustee of the family's investment, came out against News Corp.'s $5 billion bid for the publisher, the Wall Street Journal reported.
Members of the Bancroft family, which controls Dow Jones, are planning a private meeting Wednesday to discuss options after a $5 billion bid by Rupert Murdoch's News Corp. for the company, the Wall Street Journal reported on its Web site on Tuesday.
Hewlett-Packard, News Corp., Evergreen Solar and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Ever since News Corp snapped up MySpace, media companies are on the lookout for other hot social networking sites. And now Yahoo is hoping to score a similar, if smaller, win in the U.K. Yahoo is working on an acquisition of Bebo, the popular British social networking site.This is the first paragraph/short story.
"Shrek the Third" took in $122 million in its first weekend, breaking the franchise's own record for best debut ever for an animated film, according to studio estimates Sunday. The latest adventure of the ogre shot past 2004's "Shrek 2," the previous record-holder for animated openings with $108 million.
Dow Jones's board met on Wednesday but took no action on a $5 billion bid by Rupert Murdoch's News Corp. to buy the company, a source familiar with the matter said.
Reuters Chief Executive Tom Glocer told CNBC that the planned $17.23 billion merger with Thomson of Canada would help both companies compete in a vastly changed media environment
Responding to recent calls for General Electric to spin off NBC Universal, GE Chairman and CEO Jeffrey Immelt said he sees strong growth ahead for the news and entertainment unit but that "nothing is safe."
Members of the Bancroft family were meeting Monday afternoon to discuss a takeover proposal from media mogul Rupert Murdoch and News Corp. but the outcome of those discussions has not yet emerged, reported CNBC's David Faber.