Company: News Corporation Limited

With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into an entertainment and information destination that wins back the advertising dollars flowing elsewhere.    Read More

Activist investor Daniel Loeb continues to put the heat on Yahoo, Cisco earnings beat but stock falls as they warn on outlook, Facebook says its mobile growth is growing faster than its advertising platform can keep up.   Read More

Five years ago, some of the most powerful players in television banded together to introduce Hulu, a streaming service intended to revolutionize the TV industry.   Read More

In separate research notes on Friday, Lazard Capital Markets turned more bullish on two media companies when it upgraded Discovery Communications and Disney to “buy” ratings.    Read More

Mexican billionaire Carlos Slim is financing an internet TV network that will include an interview show with former television host Larry King, according to network's website.    Read More

Take a look at some of Friday morning's early movers:   Read More

Hedge funds that manage more than $100 million are required to disclose their equity holdings, options and convertible debt on a Form 13F. TheStreet.com examines Baupost Group's holdings.   Read More

Rupert Murdoch may still be struggling with News Corp.’s newspaper division as the hacking scandal racks up quite a bill, but his movie and TV studio and cable divisions are making gains. The media giant reported better than expected quarterly results Wednesday and announced that it’s taking a $87 million charge “related to the costs of the ongoing investigations initiated upon the closure of "The News of the World."   Read More